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The following cost data for the year just ended pertain to Sentiments, Incorporated, a greeting card manufacturer: 1 Direct material Advertising expense Depreciation on factory
The following cost data for the year just ended pertain to Sentiments, Incorporated, a greeting card manufacturer: 1 Direct material Advertising expense Depreciation on factory building ! Direct labor: wages Cost of finished goods inventory at year-end Indirect labor: wages Production supervisor's salary Service department costs* Direct labor: fringe benefits Indirect labor: fringe benefits Fringe benefits for production supervisor Total overtime premiums paid Cost of idle time: production employees Administrative costs Required; 1. Compute each of the following costs for the year just ended: Rental of office space for sales personnel" Sales commissions Product promotion costs a. Total prime costs b. Total manufacturing overhead costs c. Total conversion costs x d. Total product costs e. Total penod costs "All services are provided to manufacturing departments. Cost of Idle time is an overhead Item: It is not included in the direct-labor wages given above. The rental of sales space was made necessary when the sales offices were converted to storage space for raw material. F1 F2 e 2 3 2.936.000 F3 # 3 Q Search Ox F4 $ 2,300,000 97,000 116,000 535,000 $ 4 115,000 142.000 46,000 168, 636 101,008 31.000 9.000 48 300 158,000 15 000 5.000 16. 036 F5 % 5 LE Prev F6 L OT 9 6 DOLL F7 H
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