Question
X Company has the following information for last year: Raw Material Purchase $ 400,000 Indirect Factory Labor $ 65,000 Direct Labor $ 150,000 Administrative Salaries
X Company has the following information for last year:
Raw Material Purchase | $ 400,000 |
| Indirect Factory Labor | $ 65,000 |
Direct Labor | $ 150,000 |
| Administrative Salaries | $ 142,000 |
Depreciation on Factory Equipment | $ 45,000 |
| Sales Office Salaries | $ 100,000 |
Depreciation on Factory Building | $ 70,000 |
| Beginning Balance, Raw Material | $ 150,000 |
Depreciation on Office Building | $ 35,000 |
| Beginning Balance, WIP | $ 200,000 |
Factory insurance | $ 55,000 |
| Beginning Balance, Finished Goods | $ 79,000 |
Property taxes on Factory | $ 22,000 |
| Ending Balance, Raw Materials | $ 52,000 |
Property taxes on Office | $ 20,000 |
| Ending Balance, WIP | $ 130,000 |
Utilities for Factory | $ 35,000 |
| Ending Balance, Finished Goods | $ 85,000 |
Utilities for Office | $ 1,500 |
| Advertising Expense | $ 83,000 |
X completed 300000 units which were sold at a price of $10.00. X paid a sales commission of 4.00% of sales.
Calculate Total Period Cost:
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