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E1-8 Classifying and Calculating Costs [LO 1-4] The following information is available for Wonderway, Inc., for 2015: Factory rent Company advertising Wages paid to laborers
E1-8 Classifying and Calculating Costs [LO 1-4] The following information is available for Wonderway, Inc., for 2015: 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 $ 28,900 19,400 83,800 8,180 1,860 31,500 30,900 60,100 34,600 7,550 13,000 27,100 Required: 1. Calculate the direct labor cost for Wonderway. Direct Labor Cost $ 84,000 2. Calculate the manufacturing overhead cost for Wonderway. Manufacturing Overhead 3. Calculate the prime cost for Wonderway. Prime Cost 4. Calculate the conversion cost for Wonderway. Conversion Cost 5. Calculate the total manufacturing cost for Wonderway. Total Manufacturing Cost 6. Calculate the period expenses for Wonderway. Period Expenses
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