Question
please show fomulas Given the following information for Dorttmund Corporation: Advertising costs = 320,000 Office rent = 240,000 Direct materials = 800,000 Delivery vehicle depreciation
please show fomulas
Given the following information for Dorttmund Corporation: Advertising costs = 320,000 Office rent = 240,000 Direct materials = 800,000 Delivery vehicle depreciation = 90,000 Factory repair and maintenance = 420,000 Sales salary = 510,000 Indirect labor = 220,000 Manufacturing equipment depreciation = 180,000 Administrative salaries = 360,000 President's salary = 700,000 Sales revenue = 5,200,000 Indirect materials = 190,000 Direct labor = 1,500,000 Machine hours = 2,000 Direct Labor hours = 10,000 Machine hours per unit = 3 Direct labor hours per unit = 6 Direct materials per unit = ?? Units manufactured = 500 Units sold = 350 Calculate the following and show formulas A) Identify (list) and total period costs. B) Calculate overhead per unit based on machine hours. C) Calculate total product costs for units manufactured. D) Calculate total cost of goods sold. E) Prepare income statement in good form assuming no beginning inventory.
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