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Maxwell Company is a metal- and woodcutting manufacturer, selling products to the home construction market. Maxwell Company hires a management accountant Mr George Foster FCMA
Maxwell Company is a metal- and woodcutting manufacturer, selling products to the home construction market. Maxwell Company hires a management accountant Mr George Foster FCMA to find out the costs and classified accordingly. The management accountant traced the following data for 2014 and find different types of costs. Plant-leasing costs 54,000 Depreciation-plant equipment 36,000 Property taxes on plant equipment 4,000 Fire insurance on plant equipment 3,000 Direct materials purchased 460,000 Sales Revenues 1,360,000 Marketing promotions 60,000 Marketing salaries 100,000 Distribution costs 70,000 Customer service costs 100,000 Sandpaper 2,000 Materials-handling costs 70,000 Lubricants and coolants 5,000 Miscellaneous indirect manufacturing labor 40,000 Direct manufacturing labor 300,000 Requirements: Find out Manufacturing and Non-manufacturing Costs. Manufacturing Costs Non-manufacturing Costs
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