knight company reports the following costs and expenses in may 537395
Knight Company reports the following costs and expenses in May.
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knight company reports the following costs and expenses in may 537395
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|
Factory utilities |
$15,500 |
Direct labor |
$69,100 |
|
Depreciation on factory |
Sales salaries |
46,400 |
|
|
equipment |
12,650 |
Property taxes on factory |
|
|
Depreciation on delivery trucks |
3,800 |
building |
2,500 |
|
Indirect factory labor |
48,900 |
Repairs to office equipment |
1,300 |
|
Indirect materials |
80,800 |
Factory repairs |
2,000 |
|
Direct materials used |
137,600 |
Advertising |
15,000 |
|
Factory manager”s salary |
8,000 |
Office supplies used |
2,640 |
Instructions
From the information, determine the total amount of:
(a) Manufacturing overhead.
(b) Product costs.
(c) Period costs.
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