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Wachowski Company reported the following cost data for the year 2017. Factory maintenance costs $100,000 Direct labor, wages 353,000 Direct labor, health insurance 33,000 Indirect
Wachowski Company reported the following cost data for the year 2017.
Factory maintenance costs | $100,000 |
Direct labor, wages | 353,000 |
Direct labor, health insurance | 33,000 |
Indirect labor, health insurance | 14,000 |
Health insurance for production supervisor | 6,500 |
Administrative costs | 54,000 |
Rental of office space for administrative staff | 16,500 |
Sales commissions | 52,500 |
Direct material | 1,240,000 |
Indirect materials | 633,000 |
Advertising expense | 38,000 |
Depreciation on factory building | 61,000 |
Indirect labor, wages | 80,000 |
Production supervisor's salary | 32,000 |
Use the above cost data to complete the table below.
Total prime costs | $fill in the blank 1 |
Total manufacturing overhead costs | $fill in the blank 2 |
Total product costs | $fill in the blank 3 |
Total period costs | $fill in the blank 4 |
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