Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

ItemsAmountDirect CostIndirect CostDirect MaterialsManufacturing OverheadPeriod Cost Stainless Steel sheet Metal65236523 6,523 Rubber caps32843284 3,284 President's Salary4752 4,752 4,752 Shipping to customers1154 1,154 Wages for maintenance

ItemsAmountDirect CostIndirect CostDirect MaterialsManufacturing OverheadPeriod Cost Stainless Steel sheet Metal65236523 6,523 Rubber caps32843284 3,284 President's Salary4752 4,752 4,752 Shipping to customers1154 1,154 Wages for maintenance crew2,8652,865 Insulation for bottles1,1411,141 1,141 Stainless Steel finishing solution585585 585 Sandpaper256256 256 Advertising expense6,985 6,985 6,985 Assembler Wage12,85312,853 Depreciation on office equipment152 152 152 Depreciation on milling machine3,974 3,974 3,974 Property tax for factory1,554 1,554 1,554 Supervisor Salary3,258 3,258 3,2583,258 Total49,33627,50721,82911,78912,85315,147

The question is: The following is a list of costs and amounts for Stelia Industries' latest month. Stelia makes one product, a metallic, reusable water bottle.

I keep getting wrong:

Direct Cost:

Indirect Cost:

Direct Materials

and Period cost.

Can you show me what I am doing wrong?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions

Question

25.0 m C B A 52.0 m 65.0 m

Answered: 1 week ago