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I. ABC company had the following expenses in June. Factory Utilities Expense $ 12,000 Direct labor $ 130,000 Depreciation on Factory Equipment 13,500 Sales people's
| I. ABC company had the following expenses in June. | |||||||||
| Factory Utilities Expense | $ 12,000 | Direct labor | $ 130,000 | ||||||
| Depreciation on Factory Equipment | 13,500 | Sales people's salaries | 65,000 | ||||||
| Materials Stockroom people's salaries (factory) | 48,900 | Property taxes on Factory Equipment | 10,000 | ||||||
| Indirect Materials | 20,000 | Property taxes on Sales office | 3,500 | ||||||
| Direct Materials used | 200,000 | Factory building repairs | 4,200 | ||||||
| FactoryManager's salary | 20,000 | Advertising Expense | 43,000 | ||||||
| Depreciation on Sales ofice copy machines | 10,000 | Office supplies for Admin office Expense | 3,000 | ||||||
| From the information above determine the total amount of | |||||||||
| 1 | Total Manufacturing Overhead | ||||||||
| 2 | Total Manufacturing/Product Costs | ||||||||
| 3 | Total Non-Manufacturing/Period Costs | ||||||||
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Fundamental Accounting Principles Volume II
Authors: Larson Kermit, Jensen Tilly
14th Canadian Edition
71051570, 0-07-105150-3, 978-0071051576, 978-0-07-10515, 978-1259066511
