Exercise 1-4 (b)

Exercise 1-4 (Part Level Submission) Knight Company reports the following costs and expenses in May $16,400 Direct labor Factory utilities Depreciation on factory equipment Depreciation on delivery trucks $72,100 13,350 Sales salaries 47,500 Property taxes on factory 4,200 building 50,600 Repairs to office equipment 85,000 Factory repairs 2,600 2,300 2,880 16,900 3,420 4200 Indirect factory labor Indirect materials Direct materials used Factory manager's salary 142,700 Advertising 8,600 Office supplies used From the information