ctie Company reports the following costs and expenses in January 2020. Required: From the information given, determine the total amount of Manufacturing overhead Product costs Period costs Advertising P 15,000 Factory utilities P 10,800 Depreciation-Factory Equipment 14,500 Indirect labor 55,200 Depreciation-Delivery Truck 10,800 Office supplies used 11,100 Direct labor 82,100 Property taxes-Factory 5,500 Direct materials used 135,600 Repairs-Office Equipment 4,200 Factory manager’s salary 25,000 Sales commissions 32,000 Factory repairs 13,500 Sales salaries 73,400

ctie Company reports the following costs and expenses in January 2020. Required: From the information given, determine the total amount of Manufacturing overhead Product costs Period costs Advertising P 15,000 Factory utilities P 10,800 Depreciation-Factory Equipment 14,500 Indirect labor 55,200 Depreciation-Delivery Truck 10,800 Office supplies used 11,100 Direct labor 82,100 Property taxes-Factory 5,500 Direct materials used 135,600 Repairs-Office Equipment 4,200 Factory manager’s salary 25,000 Sales commissions 32,000 Factory repairs 13,500 Sales salaries 73,400

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter11: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 4CDQ: How would each of the following costs be classified if units produced is the activity base? a....

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Octie Company reports the following costs and expenses in January 2020. Required: From the information given, determine, justify and put the formula of the total amount of Manufacturing overhead Product costs Period costs
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Please Help Me ASAP For the year 2020, the following cost data pertain to the Leatherex Company's manufacturing activities: Costs of manufacturing overhead: Factory property taxes are $1,500. Factory 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 2,500 3,000 indirect materials 5,000 hours of indirect work Factory depreciation is 12,000 dollars. 3,000 in factory insurance $27,000 in total Other expenses incurred include: Direct material purchases totaled $16,000. $20,000 was spent on direct labour. Stockpiles: January 1st, direct materials $4,000 December 31st, direct materials $3,500.00 $3,000 for work in progress as of January 1st. December 31st, work in progress $3,750.00 January 1st, Finished Goods $3,850 December 31 Finished Goods $3,400 To apply manufacturing, the company uses a fixed overhead rate based on machine hour. Production costs include overhead. Last year, the cost was $5.00 per machine-hour. At the start of this, The production manager expected to…
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bartleby, a Learneo, Inc. business

Advertising	P 15,000	Factory utilities	P 10,800
Depreciation-Factory Equipment	14,500	Indirect labor	55,200
Depreciation-Delivery Truck	10,800	Office supplies used	11,100
Direct labor	82,100	Property taxes-Factory	5,500
Direct materials used	135,600	Repairs-Office Equipment	4,200
Factory manager’s salary	25,000	Sales commissions	32,000
Factory repairs	13,500	Sales salaries	73,400