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Melinda's Custom Homes, a construction company that builds custom-designed houses, incurred costs for the following items. Wages paid to construction crew Wood Production supervisor's
Melinda's Custom Homes, a construction company that builds custom-designed houses, incurred costs for the following items. Wages paid to construction crew Wood Production supervisor's salary $109,000 $172,000 $ 52,000 Billboard advertising the company Rent on office space Depreciation on tools used at construction sites. Sheet rock $ 8,900 $ 11,800 $ 32,300 $ 85,000 Machine purchased to cut a special kind of tile requested by one customer-cannot be re-used Gas for the company truck, used to haul supplies to construction sites Paint Fees paid to electrical contractor, who charges a set amount per house Depreciation on the company truck, used to haul supplies to construction sites (straight-line) Insurance premiums President's salary Bricks $ 9,200 $ 3,100 $ 10,900 $ 11,500 $ 14,000 $ 14,000 $109,000 $ 81,000 Calculate each of the following, where the cost object is the houses built by the company: a. Total variable costs. Total Variable Cost b. Total fixed costs. Total Fixed Cost c. Total direct costs. Total Direct Cost d. Total indirect costs. Total Indirect Cost
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