The following information is available for Wonderway, Inc., for 2015: Factory re

Question

The following information is available for Wonderway, Inc., for 2015: Factory rent $ 29,600 Company advertising 20,800 Wages paid to laborers 84,900 Depreciation for president's vehicle 8,160 Indirect production labor 1,900 Utilities for factory 30,900 Production supervisor's salary 31,600 President's salary 61,400 Direct materials used 35,100 Sales commissions 7,580 Factory insurance 13,300 Depreciation on factory equipment 26,100 Required: 1. Calculate the direct labor cost for Wonderway. 2. Calculate the manufacturing overhead cost for Wonderway. 3. Calculate the prime cost for Wonderway. 4. Calculate the conversion cost for Wonderway. 5. Calculate the total manufacturing cost for Wonderway.

Explanation / Answer

1 Direct labor cost = Wages paid to laborers = $84900 2 Factory rent 29600 Indirect production labor 1900 Utilities for factory 30900 Production supervisor's salary 31600 Factory insurance 13300 Depreciation on factory equipment 26100 Manufacturing overhead cost 133400 3 Direct materials used 35100 Direct labor 84900 Prime cost 120000 4 Direct labor 84900 Manufacturing overhead cost 133400 Conversion cost 218300 5 Direct materials used 35100 Direct labor 84900 Manufacturing overhead cost 133400 total manufacturing cost 253400

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