Gadubhai All of the following companies manufacture toasters. The following costs were incurred by each company during September:PaintedTrails Co.CatalinaInc.$73,00097,60017,100101,70028,800Direct laborRentUtilitiesHeating elementsDepreciationWarner Co.$12,80068,2003,50087,7006,700$9,9504,4502,20042,80010,500Required:1. What is the total conversion cost for Warner Co.?2. What is the total manufacturing overhead for Painted Trails Co.?3. What is the total conversion cost for Catalina Inc.?4. What is the total manufacturing overhead for Sunrise Co.?Sunrise Co.$36,40055,2008,70065,60038,600

Conversion costs are the costs incurred by the entity on the making of the goods. It include the…

All of the following companies manufacture toasters. The following costs were incurred by each company during September: Painted Trails Co. $9,950 Catalina Inc. $73,000 4,450 97,600 2,200 17,100 42,800 10,500 Direct labor Rent Utilities Heating elements Depreciation Warner Co. $12,800 68,200 3,500 87,700 6,700 101,700 28,800 Required: 1. What is the total conversion cost for Warner Co.? 2. What is the total manufacturing overhead for Painted Trails Co.? 3. What is the total conversion cost for Catalina Inc.? 4. What is the total manufacturing overhead for Sunrise Co.? Sunrise Co. $36,400 55,200 8,700 65,600 38,600

All of the following companies manufacture toasters. The following costs were incurred by each company during September: Painted Trails Co. $9,950 Catalina Inc. $73,000 4,450 97,600 2,200 17,100 42,800 10,500 Direct labor Rent Utilities Heating elements Depreciation Warner Co. $12,800 68,200 3,500 87,700 6,700 101,700 28,800 Required: 1. What is the total conversion cost for Warner Co.? 2. What is the total manufacturing overhead for Painted Trails Co.? 3. What is the total conversion cost for Catalina Inc.? 4. What is the total manufacturing overhead for Sunrise Co.? Sunrise Co. $36,400 55,200 8,700 65,600 38,600

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 3PB: Vexar manufactures nails. Manufacturing is a one-step process where the nails are forged. This is...

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