Cotton White, Inc., makes specialty ciothing for chefs. The company reported the following costs for 2018: Factory rent Company advertising Wages paid to seamatresses Depreciation on salespersona vehicles Thread Utilities for factory Cutting room supervisor's salary Presidentn salary Premium quality cotton material $ 36,500 25,500 76,800 31,300 1,040 24,000 30,300 75,800 41,600 840 Buttons Factory insurance Depreciation on seving machines Wages paid to cutters 18,400 6,900 50,500 Required: 1. Compute the cost of direct materiais for Cotton White. 2. Compute the cost of direct labor for Cotton White. 3. Compute the cost of manufacturing overhead for Cotton White. 4. Compute the total manufacturing cost for Cotton White. 5. Compute the prime cost for Cotton White. 6. Compute the conversion cost for Cotton White. 7. Compute the total period cost for Cotton White.
Cotton White, Inc., makes specialty ciothing for chefs. The company reported the following costs for 2018: Factory rent Company advertising Wages paid to seamatresses Depreciation on salespersona vehicles Thread Utilities for factory Cutting room supervisor's salary Presidentn salary Premium quality cotton material $ 36,500 25,500 76,800 31,300 1,040 24,000 30,300 75,800 41,600 840 Buttons Factory insurance Depreciation on seving machines Wages paid to cutters 18,400 6,900 50,500 Required: 1. Compute the cost of direct materiais for Cotton White. 2. Compute the cost of direct labor for Cotton White. 3. Compute the cost of manufacturing overhead for Cotton White. 4. Compute the total manufacturing cost for Cotton White. 5. Compute the prime cost for Cotton White. 6. Compute the conversion cost for Cotton White. 7. Compute the total period cost for Cotton White.
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter18: Pricing And Profitability Analysis
Section: Chapter Questions
Problem 1CE: Ventana Window and Wall Treatments Company provides draperies, shades, and various window...
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