Question
using the information below: Advertising expenses $ 16,000 Depreciation expense - admin. office 107,000 Depreciation expense - plant 197,000 Direct materials inventory, beginning 33,000 Direct
using the information below:
Advertising expenses | $ | 16,000 |
|
Depreciation expense - admin. office |
| 107,000 |
|
Depreciation expense - plant |
| 197,000 |
|
Direct materials inventory, beginning |
| 33,000 |
|
Direct materials inventory, ending |
| 28,000 |
|
Direct materials purchases |
| 190,000 |
|
Direct labor |
| 345,000 |
|
Finished goods inventory, beginning |
| 66,000 |
|
Finished goods inventory, ending |
| 43,000 |
|
Heat and light for plant |
| 23,000 |
|
Indirect labor |
| 128,000 |
|
Insurance on plant |
| 44,000 |
|
Repairs on plant building |
| 34,000 |
|
Sales representatives' salaries |
| 258,000 |
|
Sales revenue |
| 1,675,000 |
|
Supervisor's salary - plant |
| 106,000 |
|
Work-in-process inventory, beginning |
| 14,000 |
|
Work-in-process inventory, ending |
| 11,000 |
|
1.What is the cost of direct materials used?
2.How much is the total amount of manufacturing overhead cost?
3.What is the cost of goods manufactured?
4.What is the cost of goods sold?
5.What is total amount of period costs?
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