Get the Proct X Chegg Study X ? ? ezto.mheducation.com/hm.tpx?--0.804293530 1 78
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Get the Proct X Chegg Study X ? ? ezto.mheducation.com/hm.tpx?--0.804293530 1 785598-1523 153 Factory rent Company advertising Wages paid to laborers Depreciation for president's vehicle Indirect production labor Usities for factory Production supervisors salary President's salary Direct materials used Sales commissions Factory insurance Depreciation on factory equipment 5 28,800 20,900 85.300 8.190 1,880 30,600 30,300 1,300 34,800 7,500 3,300 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 6.Calculate the period expenses for WonderwayExplanation / Answer
Answer = 1) Direct Labour Cost Wages paid to Laboures $ 85,300 Answer = 3) Prime Cost Prime Cost = Material Cost + Direct Cost Prime Cost = Direct Material Cost = $ 34,800 Wages paid to Laboures $ 85,300 Prime Cost $ 1,20,100 Answer = 2) CALCULATION OF THE OVERHEAD COST Factory Rent $ 28,800 Indirect Production labour $ 1,880 Utilities of Factory $ 30,600 Production supervisor salary $ 30,300 Factory insurance $ 13,300 Depreciation of factory Equipment $ 26,100 $ 1,30,980 Answer = 4) Calculation of the conversion cost Covversion cost = Labour cost + Overhead Cost Wages paid to Laboures $ 13,300 Factory Rent $ 28,800 Indirect Production labour $ 1,880 Utilities of Factory $ 30,600 Production supervisor salary $ 30,300 Factory insurance $ 13,300 Depreciation of factory Equipment $ 26,100 $ 1,44,280 Answer = 5) Total Manufacturing Cost Direct Material Cost = $ 34,800 Wages paid to Laboures $ 13,300 Factory Rent $ 28,800 Indirect Production labour $ 1,880 Utilities of Factory $ 30,600 Production supervisor salary $ 30,300 Factory insurance $ 13,300 Depreciation of factory Equipment $ 26,100 $ 1,79,080
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