Listed here are the total costs associated with the production of 1,000 drum sets manufactured by TrueBeat. The drum sets sell for $502 each. Costs 1. Plastic for casing—$19,000 2. Wages of assembly workers—$84,000 3. Property taxes on factory—$6,000 4. Accounting staff salaries—$41,000 5. Drum stands (1,000 stands purchased)—$35,000 6. Rent cost of equipment for sales staff—$24,000 7. Upper management salaries—$185,000 8. Annual flat fee for factory maintenance service—$14,000 9. Sales commissions—$27 per unit 10. Machinery depreciation, straight-line—$39,000
Listed here are the total costs associated with the production of 1,000 drum sets manufactured by TrueBeat. The drum sets sell for $502 each. Costs 1. Plastic for casing—$19,000 2. Wages of assembly workers—$84,000 3. Property taxes on factory—$6,000 4. Accounting staff salaries—$41,000 5. Drum stands (1,000 stands purchased)—$35,000 6. Rent cost of equipment for sales staff—$24,000 7. Upper management salaries—$185,000 8. Annual flat fee for factory maintenance service—$14,000 9. Sales commissions—$27 per unit 10. Machinery depreciation, straight-line—$39,000
Financial & Managerial Accounting
14th Edition
ISBN:9781337119207
Author:Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:Carl Warren, James M. Reeve, Jonathan Duchac
Chapter15: Introduction To Managerial Accounting
Section: Chapter Questions
Problem 15.9EX: Classifying costs The following is a manufacturing cost report of Marching Ants Inc. Evaluate and...
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Problem 18-1A Cost computation, classification, and analysis LO C2, C3
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Listed here are the total costs associated with the production of 1,000 drum sets manufactured by TrueBeat. The drum sets sell for $502 each.
Costs | |
1. | Plastic for casing—$19,000 |
2. | Wages of assembly workers—$84,000 |
3. | Property taxes on factory—$6,000 |
4. | Accounting staff salaries—$41,000 |
5. | Drum stands (1,000 stands purchased)—$35,000 |
6. | Rent cost of equipment for sales staff—$24,000 |
7. | Upper management salaries—$185,000 |
8. | Annual flat fee for factory maintenance service—$14,000 |
9. | Sales commissions—$27 per unit |
10. | Machinery |
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