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Mariposa Manufacturing builds custom wooden cabinets. Mariposa Manufacturing has reported the following costs for the previous year. Assume no production inventories. Advertising Cost of hardware
Mariposa Manufacturing builds custom wooden cabinets. Mariposa Manufacturing has reported the following costs for the previous year. Assume no production inventories. Advertising Cost of hardware (Eldes, handles, etc) Cost of wood Depreciation on production equipment Factory property taxes Factory rent Glue Production supervisor salary Sales manager salary U tles for factory Wages for maintenance workers Wages of assembly workers Wages of finishing workers 5 35,300 s 33.500 5 116 Qon 5 32 600 17.000 38.100 S 3,730 S 41.700 41.800 5 24.700 5 31.000 5 91.300 5 78.500 a. Compute the direct material costs. Direct Material Costs b. Compute the direct labor cost. Direct Labor Cost c. Compute the manufacturing overhead. Manufacturing Overhead d. Compute the total manufacturing cost. Total Manufacturing Cost e. Compute the prime cost Prime Cost f. Compute the conversion cost. Conversion Cost g. Compute the total period cost. Total Period Cost Ragtime Company had the following information for the year Direct materials used Direct labor incurred 5.350 hours Actual manufacturing overhead incurred $ 113100 $ 158,000 $ 175 400 Ragtime Company used a predetermined overhead rate of $44 per direct labor hour for the year. Assume the only Inventory balance is an ending Work In Process Inventory balance of $17.400. What was cost of goods manufactured? O $469,100 $445,500 $455,900 $271,100 References
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