Determine the total amount of various types of costs. E2.21 (LO 1) Excel Caroline Company reported the following costs and expenses in May: Factory utilities $ 15,500 Direct labour $69,100 Depreciation on factory equipment 12,650 Sales salaries 46,400 Depreciation on delivery trucks 3,800 Property taxes on factory building 2,500 48,900 Repairs to office equipment Indirect factory labour 1,300 Indirect materials 80,800 Factory repairs 2,000 137,600 Advertising 8,000 Office supplies used Direct materials used 15,000 Factory manager's salary 2,640 Instructions From the information above, determine the total amount of a. manufacturing overhead. b. product costs. c. period costs.

Determine the total amount of various types of costs. E2.21 (LO 1) Excel Caroline Company reported the following costs and expenses in May: Factory utilities $ 15,500 Direct labour $69,100 Depreciation on factory equipment 12,650 Sales salaries 46,400 Depreciation on delivery trucks 3,800 Property taxes on factory building 2,500 48,900 Repairs to office equipment Indirect factory labour 1,300 Indirect materials 80,800 Factory repairs 2,000 137,600 Advertising 8,000 Office supplies used Direct materials used 15,000 Factory manager's salary 2,640 Instructions From the information above, determine the total amount of a. manufacturing overhead. b. product costs. c. period costs.

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter6: Activity-based, Variable, And Absorption Costing

Section: Chapter Questions

Problem 14EB: Crafts 4 All has these costs associated with production of 12,000 units of accessory products:...

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