A partial listing of costs incurred at Falkenberg Corporation during October appears below: Direct materials ........................... $195,000 Utilities, factory ............................ $9,000 Sales commissions ...................... $75,000 Adminnistrative salaries .............. $113,000 Indirect labor ................................ $30,000 Advertising ................................... $119,000 Depreciation of production equipment...... $28,000 Direct labor ................................... $105,000 Depreciation of administrative equipment... $44,000 Required: a. What is the total amount of product cost listed above

A partial listing of costs incurred at Falkenberg Corporation during October appears below: Direct materials ........................... $195,000 Utilities, factory ............................ $9,000 Sales commissions ...................... $75,000 Adminnistrative salaries .............. $113,000 Indirect labor ................................ $30,000 Advertising ................................... $119,000 Depreciation of production equipment...... $28,000 Direct labor ................................... $105,000 Depreciation of administrative equipment... $44,000 Required: a. What is the total amount of product cost listed above

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Description: A partial listing of costs incurred at Falkenberg Corporation during October appears below: Direct materials ........................... $195,000 Utilities, factory ............................ $9,000 Sales commissions ...................... $75,000

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 2PB: The following product costs are available for Kellee Company on the production of eyeglass frames:...

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A partial listing of costs incurred at Falkenberg Corporation during October appears below: Direct materials ........................... $195,000 Utilities, factory ............................ $9,000 Sales commissions ...................... $75,000 Adminnistrative salaries .............. $113,000 Indirect labor ................................ $30,000 Advertising ................................... $119,000 Depreciation of production equipment...... $28,000 Direct labor ................................... $105,000 Depreciation of administrative equipment... $44,000 Required: b. What is the total amount of period cost listed above?
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