Question
nabled. Assignment 2 W JK Company, located in Indonesia, specializes in producing sets of wooden patio furniture consisting of a table and four cham, The
nabled. Assignment 2 W JK Company, located in Indonesia, specializes in producing sets of wooden patio furniture consisting of a table and four cham, The company is currently operating at 80% of its full capacity of 5.000 sets per quarter. Quarterly cost data at this level of operations follow: Factory labour, direct Advertising Factory supervision Property taxes, factory building Sales commissions Insurance, factory Depreciation, office equipment Lease cost, factory equipment Indirect materials, factory Depreciation, Factory building General office supplies (billing) General office salaries Direct materials used (wood, bolts, etc.) Utilities, factory Cost Item Factory labour, direct Advertising Factory supervision Property taxes, factory building Sales commissions $370,000 95,000 105,000 Insurance, factory Depreciation office equipment Lease cost factory equipment Required: 1. Enter each cost item on your answer sheet. placing the dollar amount of each cost item under the appropriate headings. As examples, this has been done already for the first two items in the preceding list. Note that each cost item is classified in two ways: first, as variable or fixed, with respect to the number of units produced and sold, and, second, as a selling and administrative cost or a product cost. (If the item is a product cost, it should also be classified as being either direct or indirect as shown.) 16,000 190,000 7,090 27,000 19,000 29,000 25,500 Variable 9,500 87,500 229,000 57,500 Cost Behaviour 370.000 Fixed 95.000 Selling and Administrative Cost >
JK Company, located in Indonesia, specializes in producing sets of wooden patio furniture consisting of a table and four company is currently operating at 80% of its full capacity of 5,000 sets per quarter. Quarterly cost data at this level of ope follow: Required: 1. Enter each cost item on your answer sheet, placing the dollar amount of each cost item under the appropriate headings examples, this has been done already for the first two items in the preceding list. Note that each cost item is classified in the first, as variable or fixed, with respect to the number of units produced and sold, and, second, as a selling and administrati product cost. (If the item is a product cost, it should also be classified as being either direct or indirect as shown.)
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