he related data of Jean Grey Company:                                                                                                             Direct materials                                                       P85,000             Depreciation on factory equipment                  12,500 Factory janitor’s salary                                          12,000 Direct labor                                                               67,800 Utilities for factory                                                 12,500 Selling expenses                                                      28,000 Production supervisor’s salary                           20,000 Administrative expenses                                      35,700 Rent expense - Head office                                  12,800 Rent expense - Factory                                         20,000 Depreciation on office equipment                     8,500                                                                            How much is the product costs?

Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter2: Basic Cost Management Concepts
Section: Chapter Questions
Problem 22E: Ellerson Company provided the following information for the last calendar year: During the year,...
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The related data of Jean Grey Company:                                    

                                                                       

Direct materials                                                       P85,000            

Depreciation on factory equipment                  12,500

Factory janitor’s salary                                          12,000

Direct labor                                                               67,800

Utilities for factory                                                 12,500

Selling expenses                                                      28,000

Production supervisor’s salary                           20,000

Administrative expenses                                      35,700

Rent expense - Head office                                  12,800

Rent expense - Factory                                         20,000

Depreciation on office equipment                     8,500   

                                                                       

How much is the product costs?                       

 

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