7. Ruwi Automobile Factory reports the following costs and expenses in January. Glue and welding supplies RO 10,650 Factory machine repairs Depreciation – factory equip. 10,300 Advertising Insurance on factory trucks Tires Factory manager's salary Assembly-line wages Sales salaries Property taxes on office building RO 8,500 Windshield Factory supervisor's salary Office utilities Office supplies used Factory quality inspectors Repairs to factory equipment Paint and polishing supplies Factory cleaners' wages 2,000 23,000 3,800 16,300 8,000 22,000 36,000 87,600 9,700 3,700 2,200 15,100 1,300 9,800 10,300 Instructions From the information, determine the total amount of: (a) Manufacturing overhead. (b) Product costs. (c) Period costs.

Question
7. Ruwi Automobile Factory reports the following costs and expenses in January.
Glue and welding supplies RO 10,650
Factory machine repairs
Depreciation – factory equip. 10,300
Advertising
Insurance on factory trucks
Tires
Factory manager's salary
Assembly-line wages
Sales salaries
Property taxes on office building RO 8,500
Windshield
Factory supervisor's salary
Office utilities
Office supplies used
Factory quality inspectors
Repairs to factory equipment
Paint and polishing supplies
Factory cleaners' wages
2,000
23,000
3,800
16,300
8,000
22,000
36,000
87,600
9,700
3,700
2,200
15,100
1,300
9,800
10,300
Instructions
From the information, determine the total amount of:
(a) Manufacturing overhead.
(b) Product costs.
(c) Period costs.
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Measurement of Overhead Cost

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Transcribed Image Text

7. Ruwi Automobile Factory reports the following costs and expenses in January. Glue and welding supplies RO 10,650 Factory machine repairs Depreciation – factory equip. 10,300 Advertising Insurance on factory trucks Tires Factory manager's salary Assembly-line wages Sales salaries Property taxes on office building RO 8,500 Windshield Factory supervisor's salary Office utilities Office supplies used Factory quality inspectors Repairs to factory equipment Paint and polishing supplies Factory cleaners' wages 2,000 23,000 3,800 16,300 8,000 22,000 36,000 87,600 9,700 3,700 2,200 15,100 1,300 9,800 10,300 Instructions From the information, determine the total amount of: (a) Manufacturing overhead. (b) Product costs. (c) Period costs.