Not exactly sure how to fill this out. Any help is appreciated! Bell Company, a
ID: 2503586 • Letter: N
Question
Not exactly sure how to fill this out. Any help is appreciated!Bell Company, a manufacturer of audio systems, started its production in October 2014. For the preceding 3 years, Bell had been a retailer of audio systems. After a thorough survey of audio system markets, Bell decided to turn its retail store into an audio equipment factory.
Raw materials cost for an audio system will total $77 per unit. Workers on the production lines are on average paid $13 per hour. An audio system usually takes 7 hours to complete. In addition, the rent on the equipment used to assemble audio systems amounts to $5,356 per month. Indirect materials cost $6 per system. A supervisor was hired to oversee production; her monthly salary is $3,688.
Factory janitorial costs are $2,080 monthly. Advertising costs for the audio system will be $8,970 per month. The factory building depreciation expense is $7,104 per year. Property taxes on the factory building will be $9,456 per year.
Not exactly sure how to fill this out. Any help is appreciated!
Bell Company, a manufacturer of audio systems, started its production in October 2014. For the preceding 3 years, Bell had been a retailer of audio systems. After a thorough survey of audio system markets, Bell decided to turn its retail store into an audio equipment factory.
Raw materials cost for an audio system will total $77 per unit. Workers on the production lines are on average paid $13 per hour. An audio system usually takes 7 hours to complete. In addition, the rent on the equipment used to assemble audio systems amounts to $5,356 per month. Indirect materials cost $6 per system. A supervisor was hired to oversee production; her monthly salary is $3,688.
Factory janitorial costs are $2,080 monthly. Advertising costs for the audio system will be $8,970 per month. The factory building depreciation expense is $7,104 per year. Property taxes on the factory building will be $9,456 per year. Product Costs
Cost Item Direct
Materials Direct
Labor Manufacturing
Overhead Period
Costs Not exactly sure how to fill this out. Any help is appreciated!
Bell Company, a manufacturer of audio systems, started its production in October 2014. For the preceding 3 years, Bell had been a retailer of audio systems. After a thorough survey of audio system markets, Bell decided to turn its retail store into an audio equipment factory.
Raw materials cost for an audio system will total $77 per unit. Workers on the production lines are on average paid $13 per hour. An audio system usually takes 7 hours to complete. In addition, the rent on the equipment used to assemble audio systems amounts to $5,356 per month. Indirect materials cost $6 per system. A supervisor was hired to oversee production; her monthly salary is $3,688.
Factory janitorial costs are $2,080 monthly. Advertising costs for the audio system will be $8,970 per month. The factory building depreciation expense is $7,104 per year. Property taxes on the factory building will be $9,456 per year.
Explanation / Answer
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