Question
Sina Ltd is a manufacturer with the following information available at year-end: Direct material used $ 400,000 Salary of the CEO 70,000 Direct labour 180,000
Sina Ltd is a manufacturer with the following information available at year-end:
| Direct material used | $ 400,000 |
| Salary of the CEO | 70,000 |
| Direct labour | 180,000 |
| Indirect labour | 20,000 |
| Administrative cost | 140,000 |
| Depreciation of factory equipment | 5,000 |
| Factory rent | 15,000 |
The total of the product costs listed above for the year is:
Select one:
a. $620,000
b. $210,000
c. $580,000
d. $220,000
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Managerial Accounting With Ready Notes
Authors: Ronald W. Hilton
1st Edition
0075619733, 978-0075619734
