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Please help me with these questions. 1.complete the following table by inserting an X in the appropriate box. The cost object is a wooden table.
Please help me with these questions.
1.complete the following table by inserting an X in the appropriate box. The cost object is a wooden table. Item of cost Variable fixed Direct materials Direct labor Manufacturing Period overhead Wood used to make the table Hour wages of assembly workers Salary of factory manager Rent for the factory Cleaning and maintenance contract Advertising Co. president's salary Straight line depreciation of office equipment Commissions paid to salespersons Utilities in the factory 2. Prepare a cost of goods manufactured statement from the information below: POINTS ARE AWARDED FOR PROPER FORM. Beginning WIP $ 25,000 Manufacturing overhead $ 38,000 Ending WIP 29,000 Raw Materials used 37,000 Direct labor 41,000Step by Step Solution
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