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Problem 1-125 (Algo) Quail Company builds snowboards. Quail... Quail Company builds snowboards. Quail Company has reported the following costs for the previous year. Assume no
Problem 1-125 (Algo) Quail Company builds snowboards. Quail... Quail Company builds snowboards. Quail Company has reported the following costs for the previous year. Assume no production inventories. Cost of fiberglass (raw material) $ 95,000 Factory rent $ 46,000 Advertising $121,000 Utilities for factory $ 13,000 Wages of assembly workers $ 96,000 Production supervisor salary $ 44,000 Sales manager salary $ 37,000 Factory property taxes $ 18,000 Depreciation on production equipment $ 29,000 Cost of bindings (raw material) $ 36,000 Screws 2,200 Wages of snowboard painters $ 76,000 Wages of factory maintenance workers $ 46,000 $ a. Compute the direct material costs. Direct Material Costs b. Compute the direct labor cost. Direct Labor Cost c. Compute the manufacturing overhead. Manufacturing Overhead d. Compute the total manufacturing cost. Total Manufacturing Cost e. Compute the prime cost. Prime Cost f. Compute the conversion cost. Conversion Cost g. Compute the total period cost. Total Period Cost
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