Jasper Corporation incurred the following costs in April: Salesperson\'s salarie

Question

Jasper Corporation incurred the following costs in April:

Salesperson's salaries
$40,000

Factory maintenance worker
$20,000
Factory insurance
12,000

Administrative utilities
4,000
Factory supervisor salary
30,000

Administrative supplies
1,000
Advertising
15,000

Delivery truck insurance
2,000
Factory machine operator
22,000

Factory machine depreciation
6,000
Direct materials used
25,000

Receptionist salary
18,000

Total product costs are:
Answer
a. $115,000
b. $117,000
c. $130,000
d. $157,000
Question 47

Refer to the Jasper Corporation information above. Total period costs are:
Answer
a. $38,000
b. $40,000
c. $80,000
d. $86,000

Explanation / Answer

Product 20,000+12,000+30,000+22,000+6,000+25,000= $115,000 A) Period 40,000+4,000+1,000+15,000+2,000+18,000= $80,000. C)

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