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The following information is available for Wonderway, Inc., for 2015: Factory rent $ 29,000 Company advertising 20,000 Wages paid to laborers 83,800 Depreciation for president's
The following information is available for Wonderway, Inc., for 2015:
Factory rent | $ | 29,000 | |
Company advertising | 20,000 | ||
Wages paid to laborers | 83,800 | ||
Depreciation for president's vehicle | 8,190 | ||
Indirect production labor | 1,860 | ||
Utilities for factory | 31,200 | ||
Production supervisor's salary | 30,500 | ||
President's salary | 60,800 | ||
Direct materials used | 36,100 | ||
Sales commissions | 7,690 | ||
Factory insurance | 13,500 | ||
Depreciation on factory equipment | 26,500 | ||
Required: 1. Calculate the direct labor cost for Wonderway. 2. Calculate the manufacturing overhead cost for Wonderway. 3. Calculate the prime cost for Wonderway. 4. Calculate the conversion cost for Wonderway. 5. Calculate the total manufacturing cost for Wonderway. 6. Calculate the period expenses for Wonderway.
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