Please provide me the correct answer for filling the blank total of : 1)manufact
ID: 2390779 • Letter: P
Question
Please provide me the correct answer for filling the blank total of :1)manufacturing overhead
2)product cost
3)period cost
Exercise 1-4 ight Company reports the following costs and expenses in May. Factory utilities $17,000 Direct labor $72,000 Depreciation on factory equipment 13,950 Sales salaries 47,500 4,700Property taxes on factory 49,900 82,600 141,700 Advertising on delivery trucks Indirect factory labor Indirect materials Direct materials used Factory manager's salary building Repairs to office equipment Factory repairs 2,600 1,900 2,350 15,500 2,790 8,300 Office supplies used From the information: Determine the total amount of manufacturing overhead Manufacturing overhead LINK TO TEXT Determine the total amount of product costs. Product costs LINK TO TEXT
Explanation / Answer
1)Manufacturing Overhead
Factory Utilities
17,000
Depreciation on factory equipment
13,950
Property taxes on factory building
2,600
Indirect Factory labor
49,900
Indirect materials
82,600
Factory repairs
2,350
Factory managers salary
8,300
Total Manufacturing Overhead
176,700
(2)Product Costs
Direct Materials used
141,700
Direct Labor
72,000
Manufacturing Overhead
176,700
Total Product Cost
390,400
(3)Period Costs
Sales Salaries
47,500
Depreciation on delivery trucks
4,700
Repairs to office equipment
1,900
Advertising
15,500
Office supplies used
2,790
Total Period Cost
72,390
Factory Utilities
17,000
Depreciation on factory equipment
13,950
Property taxes on factory building
2,600
Indirect Factory labor
49,900
Indirect materials
82,600
Factory repairs
2,350
Factory managers salary
8,300
Total Manufacturing Overhead
176,700
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