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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.

image text in transcribed
Receptionist Salaries $ 28,250 Office Manager Salaries $ 43,600 Beginning Finished Goods Inventory $ 21,500 Ending Finished Goods Inventory $ 34,500 Depreciation on Factory Building $ 14.500 Insurance on Factory and Equipment 7.500 Indirect Labor Cost $ 9.000 Property taxes on Factory Building $ 12,250 Indirect Materials Used $ 12,000 Beginning Direct Materials Inventory $ 10,500 Ending Direct Materials Inventory $ 11,500 Sales Revenue $ 393,500 Direct Materials Purchased $ 26,500 Direct labor $ 83,000 Sales Persons Salaries $ 70,000 Sales Travel Allowances $ 20,000 Beginning Work-In-Process Inventory $ 15,250 Ending Work-in-Process Inventory $ 8.750

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