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Lawler Inc. is the manufacturer of lawn care equipment. The company incurs the following costs each month while manufacturing weed trimmers. Costs Administrative salaries $15.000
Lawler Inc. is the manufacturer of lawn care equipment. The company incurs the following costs each month while manufacturing weed trimmers. Costs Administrative salaries $15.000 5.000 $32,000 100 60,000 Depreciation on factory equipment Factory labor for workers assembling weed trimmers Glue to hold the housing together Motor of weed trimmer Nylon thread used by the weed trimmer (not traced to the product) Plant janitorial wages Plant utilities 3,600 8.900 12,300 Rent on plant 27,000 Sales commission 4,650 Shaft and handle of weed trimmer 39,000 Shipping costs to deliver finished weed trimmers to customers 4.200 For each of the costs above, indicate if it is a product cost or period cost. For each product cost, also indicate if it is direct materials, direct labor, or manufacturing overhead. (Hint: Write these answers next to the cost items). Then calculate and label the following amounts: 1. Total manufacturing overhead costs. 2. Total product costs. 3. Total prime costs. 4. Total conversion costs. 5. Total period costs. NOTE: To receive full credit, show all work needed to arrive at the answers above, and include text labels for the dollar amounts included in your calculations
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