
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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how do i find manufacturing over head? I have all of the numbers but need to know which ones to add. here is the info:
Factory utilities $17,000 Direct labor $73,700
Depreciation on delivery trucks 4,300 Property taxes on factory building 3,300
Indirect factory labor 50,300 Repairs to office equipment 2,000
Indirect materials 82,400 Factory repairs 2,450
Direct materials used 141,700 Advertising 15,600
Factory manager’s salary 8,200 Office supplies used 3,510
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- [The following information applies to the questions displayed below] Listed here are the costs associated with the production of 1,000 drum sets manufactured by TrueBeat. Costs 1. Plastic for casing-$21,000 2. Wages of assembly workers-$86,000 3. Property taxes on factory-$7,000 4. Office accounting salaries-$42,000 5. Drum stands-$27,000 6. Rent cost of office for accountants-$12,000 7. Office management salaries-$180,000 8. Annual fee for factory maintenance-$21,000 9. Sales commissions-$15,000 10. Factory machinery depreciation, straight-line-$40,000arrow_forwardListed here are the costs associated with the production of 1,000 drum sets manufactured by TrueBeat. 1. Plastic for casing-$20,000 2. Wages of assembly workers-$89,000 3. Property taxes on factory-$6,000 4. Office accounting salaries-$39,000 5. Drum stands-$35,000 6. Rent cost of office for accountants-$48,000 7. Office management salaries-$210,000 8. Annual fee for factory maintenance $16,000 9. Sales commissions-$21,000 10. Factory machinery depreciation, straight-line-$41,000 Costs Required: 1. Classify each cost and its amount as either product or period. The first cost is completed as an example. Costs 1. Plastic for casing 2. Wages of assembly workers 3. Property taxes on factory 4. Office accounting salaries 5. Drum stands 6. Rent cost of office for accountants 7. Office management salaries 8. Annual fee for factory maintenance 9 Sales commissions 10 Factory machinery depreciation, straight-line i $ Product 20,000 Periodarrow_forwardi need the answer quicklyarrow_forward
- HI KINDLY ANSWER ON THE ATTACHED FILE. THANK YOU SO MUCH :)arrow_forwardCompute Manufacturinh Overhead costs: Electricity for Factory- 15,800 Labor- 31,000 Rent for factory- 23,000 Insurance on factory- 1,400 glass for bulbs- 55,200 cardboard for packaging- 7,000 Is my cost driver Labor 31,000? Wha tare my units? Estimated total Manufacturing overhead?Estimated total hours?arrow_forwardhelp mearrow_forward
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