Mariposa Manufacturing builds custom wooden cabinets, Mariposa Manufacturing has reported the following costs for the previous year. Assume no production inventories.  Advertising: $70,000 Cost of hardware (slides, handles, etc.): $34,000  Cost of wood: $117,000  Depreciation on production equipment: $63,000 Factory property taxes: $17,300  Factory rent: $76,000  Glue: $3,800  Production supervisor salary: $40,700 Sales manager salary: $41,600 Utilities for factory: $23,900  Wages for maintenance workers: $31,800  Wages of assembly workers: $91,400 Wages of finishing workers: $77,300   Compute the conversion cost

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter13: Lean Manufacturing And Activity Analysis
Section: Chapter Questions
Problem 14E
icon
Related questions
Question

Mariposa Manufacturing builds custom wooden cabinets, Mariposa Manufacturing has reported the following costs for the previous year. Assume no production inventories. 

Advertising: $70,000

Cost of hardware (slides, handles, etc.): $34,000 

Cost of wood: $117,000 

Depreciation on production equipment: $63,000

Factory property taxes: $17,300 

Factory rent: $76,000 

Glue: $3,800 

Production supervisor salary: $40,700

Sales manager salary: $41,600

Utilities for factory: $23,900 

Wages for maintenance workers: $31,800 

Wages of assembly workers: $91,400

Wages of finishing workers: $77,300

 

Compute the conversion cost 

 

Please answer it ASAP ?

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Cost Sheet
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Managerial Accounting
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub
Principles of Accounting Volume 2
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College
Cornerstones of Cost Management (Cornerstones Ser…
Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning
Managerial Accounting: The Cornerstone of Busines…
Managerial Accounting: The Cornerstone of Busines…
Accounting
ISBN:
9781337115773
Author:
Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:
Cengage Learning
Principles of Cost Accounting
Principles of Cost Accounting
Accounting
ISBN:
9781305087408
Author:
Edward J. Vanderbeck, Maria R. Mitchell
Publisher:
Cengage Learning
Essentials of Business Analytics (MindTap Course …
Essentials of Business Analytics (MindTap Course …
Statistics
ISBN:
9781305627734
Author:
Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
Publisher:
Cengage Learning