Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Your friend. Sutie Weston, has designed a new type of outdoor to that helps children learn a concepts such as consumen and shapes Suzie's product

image text in transcribed
image text in transcribed
Your friend. Sutie Weston, has designed a new type of outdoor to that helps children learn a concepts such as consumen and shapes Suzie's product will target two groups: day care centers in warnmates and home school program. Her company Jitty Jet and costs for last month fellow Factory rent Company wertising Wipes paid to my workers Depreciation for salesperson vehicles SO Uties for Factory Assembly supervisor's salary Sandor President's salary Paste ting Paint Sales como Depreciation on cutting 3,050 37,200 2.ee 529 ETS 3. 175 5,00 4, 200 1,20 1,120 2.00 . Assume that Sure Whitson has decided to begin production of her outdoor chadren's toy Required 1 and 2. Identity each of the preceding costs either product or a period of the cost is a productos decide whether is for direct materials direct labor DL, or manufacturing overhead ( MOH and is identisch of the preceding costs or fed con 3. Determine the total cost for each of the following: Complete this question by entering your answers in the tabs below. Reland Identity each of the preceding costs as the product or a period cost the product cout decide whether direct material (DM), direct labor (OL) or manufacturing overhead (OH) what each of the preceding we ar fud cost. (Select wherever necessary) Cestele Cumparaverting Wage pad workers Sandpaper Part Wagen pad to painters Reg3 > Your friend, Suzie Whitson, has designed a new type of outdoor toy that helps children learn basic concepts such as colors, numbers, and shapes. Suzie's product will target two groups: day care centers in warm climates and home school programs. Her company is Jiffy Jet and costs for last month follow $ 3,070 1,050 Factory rent Company advertising Wages paid to assembly workers Depreciation for salespersons' vehicles Screws Utilities for factory Assembly supervisor's salary Sandpaper President's salary Plastic tubing Paint Sales comissions Factory insurance Depreciation on cutting machines Wages paid to painters 2,020 520 875 3,540 175 5,040 4,00 200 1,240 1,120 2.00 7,600 Assume that Suzie Whitson has decided to begin production of her outdoor children's toy Required 1 and 2. Identify each of the preceding costs as either a product or a period cost. If the cost is a product cost decide whether it is for direct materials (DM), direct labor (DL), or manufacturing overhead (MOH) and also identity each of the preceding costs as variable or fed cost 3. Determine the total cost for each of the following: Complete this question by entering your answers in the tabs below. Red 1 and 2 Rega Determine the total cost for each of the following: 5 4.000 le d Direct Materials Direct Manufacturing Overhead Prime Cow Comersion Cost Total Product Cost Tot Period Cow t 10 To Fed Com

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Sm Auditing Integrated Appr Review Copy

Authors: ARENS LO, EBBECKE

7th Edition

0135914396, 978-0135914397

More Books

Students also viewed these Accounting questions

Question

10:16 AM Sun Jan 29 Answered: 1 week ago

Answered: 1 week ago