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Knight Company reports the following costs and expenses in May. Factory utilities $17,200 Direct labor $70,400 Depreciation on factory equipment 14,450 Sales salaries 50,700 Depreciation
Knight Company reports the following costs and expenses in May.
Factory utilities | $17,200 | Direct labor | $70,400 | |||
Depreciation on factory equipment | 14,450 | Sales salaries | 50,700 | |||
Depreciation on delivery trucks | 4,100 | Property taxes on factory building | 3,000 | |||
Indirect factory labor | 50,500 | Repairs to office equipment | 1,400 | |||
Indirect materials | 81,600 | Factory repairs | 2,230 | |||
Direct materials used | 139,700 | Advertising | 15,100 | |||
Factory managers salary | 8,700 | Office supplies used | 3,140 |
From the information:
(a)
Determine the total amount of manufacturing overhead.
Manufacturing overhead | $ |
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(b)
Determine the total amount of product costs.
Product costs | $ |
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(c)
Determine the total amount of period costs.
Period costs | $ |
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