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E1-9 (Algo) Calculating Costs [LO 1-4] Cartwell Incorporated makes picture frames that are sold in a local retail store and through various websites. Wood
E1-9 (Algo) Calculating Costs [LO 1-4] Cartwell Incorporated makes picture frames that are sold in a local retail store and through various websites. Wood for frames Rent for retail store Depreciation on office equipment CEO's salary $ 15,500 4,100 620 Assembly worker wages 2,550 4,050 Glue and nails 750 Online sales commissions 2,000 Glass for frames 6,200 Depreciation on factory equipment 1,150 Factory utilities 650 Stain for frames 700 Required: 1. Determine the cost of direct material. 2. Determine the cost of direct labor. 3. Determine the cost of manufacturing overhead. 4. Determine the total manufacturing cost. 5. Determine the total period cost. 6. Determine the total variable cost. 7. Determine the total fixed cost. 8. Determine the total prime cost. 9. Determine the total conversion cost.
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