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M1-10 (Algo) Calculating Costs [LO 1-4] Randy Inc. produces and sells tablets. The company incurred the following costs for the May: Advertising cost for
M1-10 (Algo) Calculating Costs [LO 1-4] Randy Inc. produces and sells tablets. The company incurred the following costs for the May: Advertising cost for monthly television ads $ 4,200 Attachable keyboard 18,200 Insurance for delivery truck 420 Factory supervisor's salary 3,150 Marketing manager's salary 2,850 Assembly worker wages 16,000 Miscellaneous soldering material used to seal case 650 Hourly wages for factory security guard 1,800 CEO's salary 6,600 Speakers 4,800 Required: Determine each of the following: Answer is complete but not entirely correct. 1. Direct material $ 22,400 2. Direct labor $ 16,000 3. Manufacturing overhead 5,600 4. Total manufacturing cost $ 44,000 5. Total period cost $ 15,870 x 6. Total variable cost $ 38,400 x 7. Total fixed cost 69 21,470 x
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