Question
Dandy Clock Works manufactures fine, handcrafted clocks. The following data refer to Dandy Clock Works for the month of March, 2020: Receptionist Salaries$28,250Office Manager Salaries$43,600Beginning
Dandy Clock Works manufactures fine, handcrafted clocks. The following data refer to Dandy Clock Works for the month of March, 2020:
Receptionist Salaries$28,250Office Manager Salaries$43,600Beginning Finished Goods Inventory$21,500Ending Finished Goods Inventory$34,500Depreciation on Factory Building$14,500Insurance on Factory and Equipment$7,500Indirect Labor Cost$9,000Property taxes on Factory Building$12,250Indirect Materials Used$12,000Beginning Direct Materials Inventory$10,500Ending Direct Materials Inventory$11,500Sales Revenue$ 393,500Direct Materials Purchased$26,500Direct labor$83,000Sales Persons Salaries$70,000Sales Travel Allowances$20,000Beginning Work-In-Process Inventory$15,250Ending Work-in-Process Inventory$8,750
Answer all the questions which follow using the above information.
Question 39(1 point)
Question 39 options:
Calculate the Direct Materials Used.
Question 40(1 point)
Question 40 options:
Calculate the prime cost.
Question 41(2 points)
Question 41 options:
Calculate the manufacturing overhead.
Question 42(1 point)
Question 42 options:
Calculate the conversion cost.
Question 43(1 point)
Question 43 options:
Calculate the Cost of Goods Manufactured.
Question 44(1 point)
Question 44 options:
Calculate the Cost of Goods Sold.
Question 45(1 point)
Question 45 options:
Calculate the Operating Income.
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