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E 1 4 . 4 Determine the total amount of various types of costs Knight Company reports the following costs and expenses in May. Instructions
E Determine the total amount of various types of costs
Knight Company reports the following costs and expenses in May.
Instructions
From the information, determine the total amount of:
a Manufacturing overhead.
b Product costs.
c Period costs.
NOTE: Enter a formula, a cell reference, or a value if you are unable to reference a cell
into the yellow shaded input cells.
a Factory utilities
Depreciation on factory equipment
Indirect factory labor
Indirect materials
Factory manager's salary
Property taxes on factory building
Factory repairs
Manufacturing overhead
b Direct materials used
Direct labor
Manufacturing overhead
Product costs
c Depreciation on delivery trucks
Sales salaries
Repairs to office equipment
Advertising
Office supplies used
Period costs
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