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TB Problem 1-129 (Algo) Quail Company builds snowboards. Assume... Quail Company builds snowboards. Assume that you have the following information about Quail Company's costs for
TB Problem 1-129 (Algo) Quail Company builds snowboards. Assume...
Quail Company builds snowboards. Assume that you have the following information about Quail Company's costs for the most recent year:
Cost of fiberglass (raw material) | $ 85,000 |
---|---|
Factory rent | 46,000 |
Advertising | 138,000 |
Utilities for factory | 29,000 |
Wages of assembly workers | 89,000 |
Production supervisor's salary | 44,000 |
Sales manager's salary | 45,000 |
Factory property taxes | 19,000 |
Depreciation on production equipment | 28,000 |
Cost of bindings (raw material) | 35,000 |
Screws | 2,000 |
Wages of snowboard painters | 77,000 |
Wages for maintenance workers | 32,000 |
Determine each of the following for Quail Company:
Required:
- Determine the direct materials costs for Quail Company.
- Determine the direct labor costs for Quail Company .
- Determine the manufacturing overhead for Quail Company.
- Determine the total manufacturing costs for Quail Company.
- Determine the prime costs for Quail Company.
- Determine the conversion costs for Quail Company.
- Determine the total period costs for Quail Company.
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