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The following is a list of costs and amounts for Stelia Industries' latest month. Stelia makes one product, a metallic, reusable water bottle. Stainless steel

The following is a list of costs and amounts for Stelia Industries' latest month. Stelia makes one product, a metallic, reusable water bottle. Stainless steel sheet metal $ 6,523 Rubber caps 3,284

President's salary 4,752

Shipping to customers 1,154

Wages for maintenance crew 2,865

Insulation for bottles 1,141

Stainless steel finishing solution 585

Sandpaper 256

Advertising expense 6,985

Assembler wages 12,853

Depreciation on office equipment 152

Depreciation on milling machine 3,974

Property tax for factory 1,554

Supervisor salary 3,258

Use the information above to calculate the amounts below. Add up all lists of cost for each classification.

1. Direct Costs:

2. Indirect Costs:

3. Direct Materials:

4. Direct Labor:

5. Manufacturing Overhead:

6. Prime Cost: Conversion Cost:

7. Total Product Cost:

8. Period Cost:

9. Variable Cost:

10. Fixed Cost:

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To answer your question we need to classify each of the costs provided into different categories relevant to manufacturing and financial accounting Lets break them down one by one Direct Costs Direct ... blur-text-image

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