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QUESTION 7 Vignana Corporation manufactures and sells hand-painted clay figurines of popular sports heroes. Shown below are some of the costs incurred by Vignana for

QUESTION 7

Vignana Corporation manufactures and sells hand-painted clay figurines of popular sports heroes. Shown below are some of the costs incurred by Vignana for last year:

Cost of clay used in production $ 75,000
Wages paid to the workers who paint the figurines $ 86,000
Wages paid to the sales manager's secretary $ 38,000
Cost of junk mail advertising $ 55,000

What is the total of the product costs above?

$161,000

$179,000

$0

$93,000

2.5 points

QUESTION 8

Which of the following would usually be found on a job cost sheet under a normal cost system?

Actual direct material cost Actual manufacturing overhead cost
A) Yes Yes
B) Yes No
C) No Yes
D) No No

Choice A

Choice B

Choice C

Choice D

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