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E1-11 (Algo) Classifying and Calculating Costs [LO 1-4] The following information is available for Wonderway, Incorporated, for the current year: Factory rent Company advertising
E1-11 (Algo) Classifying and Calculating Costs [LO 1-4] The following information is available for Wonderway, Incorporated, for the current year: Factory rent Company advertising Wages paid to laborers Depreciation for president's vehicle. Indirect production labor Utilities for factory Production supervisor's salary President's salary Direct materials used. Sales commissions Factory insurance Depreciation on factory equipment Required: 1. Calculate the direct labor cost for Wonderway. $ 28,900 20,000 85,000 8,080 1,820 30,900 30,200 60,500 36,300 7,680 14,000 26,200 2. Calculate the manufacturing overhead cost for Wonderway. 3. Calculate the prime cost for Wonderway. 4. Calculate the conversion cost for Wonderway. 5. Calculate the total manufacturing cost for Wonderway. 6. Calculate the period expenses for Wonderway. 1. Direct Labor Cost 2. Manufacturing Overhead 3. Prime Cost 4. Conversion Cost 5. Total Manufacturing Cost 6. Period Expenses
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