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XYZ Company reports the following costs and expenses in May. Factory utilities Direct labor Depreciation on factory machinery Sales salaries Property taxes on factory building Depreciation on delivery trucks Indirect factory labor Repairs to office equipment Indirect materials Machinery repairs Direct materials used OMR 15,600 89,100 12,650 46,400 2,500 8,800 48,900 2,300 80,800 2,000 137,600 18,000 13,000 5,640 Marketing Factory manager's salary Office supplies used Requirements: 1. From the information, complete the following table to determine the total amount of: a. Product costs. b.Period costs.

XYZ Company reports the following costs and expenses in May. Factory utilities Direct labor Depreciation on factory machinery Sales salaries Property taxes on factory building Depreciation on delivery trucks Indirect factory labor Repairs to office equipment Indirect materials Machinery repairs Direct materials used OMR 15,600 89,100 12,650 46,400 2,500 8,800 48,900 2,300 80,800 2,000 137,600 18,000 13,000 5,640 Marketing Factory manager's salary Office supplies used Requirements: 1. From the information, complete the following table to determine the total amount of: a. Product costs. b.Period costs.

Managerial Accounting
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter1: Introduction To Managerial Accounting
Section: Chapter Questions
Problem 4E: For apparel manufacturer Abercrombie Fitch, Inc. (ANF), classify each of the following costs as...
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XYZ Company reports the following costs and expenses in May. Factory utilities Direct labor OMR 15,600 89,100 12,650 46,400 2,500 8,800 48,900 2,300 80,800 2,000 137,600 18,000 13,000 5,640 Depreciation on factory machinery Sales salaries Property taxes on factory building Depreciation on delivery trucks Indirect factory labor Repairs to office equipment Indirect materials Machinery repairs Direct materials used Marketing Factory manager's salary Office supplies used Requirements: 1. From the information, complete the following table to determine the total amount of. a. Product costs. b.Period costs. Total Product Costs XXX Total Period Costs XXX
Transcribed Image Text:XYZ Company reports the following costs and expenses in May. Factory utilities Direct labor OMR 15,600 89,100 12,650 46,400 2,500 8,800 48,900 2,300 80,800 2,000 137,600 18,000 13,000 5,640 Depreciation on factory machinery Sales salaries Property taxes on factory building Depreciation on delivery trucks Indirect factory labor Repairs to office equipment Indirect materials Machinery repairs Direct materials used Marketing Factory manager's salary Office supplies used Requirements: 1. From the information, complete the following table to determine the total amount of. a. Product costs. b.Period costs. Total Product Costs XXX Total Period Costs XXX
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