Question 1 The following costs were extracted from Red's company book at the end of December 2014 and presented to you the cost accountant for classification. Details $ 500,000 800,000 Required: Administrative charges Production supervisors salaries Salaries of production workers Depreciation of factory machinery Direct materials Depreciation of office furniture etc. Warehouse supervisors salaries Advertising charges Direct expenses Wages of truck drivers Commission paid to salesmen Office salaries Janitorial factory wages Training expenses for sales clerks (a) Prime cost. (b) Factory overheads. (c) Production cost. 250,000 20,000 300,000 50,000 200,000 350,000 100,000 200,000 500,000 350,000 300,000 180,000

Question 1 The following costs were extracted from Red's company book at the end of December 2014 and presented to you the cost accountant for classification. Details $ 500,000 800,000 Required: Administrative charges Production supervisors salaries Salaries of production workers Depreciation of factory machinery Direct materials Depreciation of office furniture etc. Warehouse supervisors salaries Advertising charges Direct expenses Wages of truck drivers Commission paid to salesmen Office salaries Janitorial factory wages Training expenses for sales clerks (a) Prime cost. (b) Factory overheads. (c) Production cost. 250,000 20,000 300,000 50,000 200,000 350,000 100,000 200,000 500,000 350,000 300,000 180,000

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter11: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 11.2E: Identify cost graphs The following cost graphs illustrate various types of cost behavior: For each...

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