E1-4 Knight
Company reports the following costs and expenses in May.
TUTORIAL PREVIEW
Factory utilities
|
$15,500
|
Direct labor
|
$69,100
|
|
Depreciation on factory equipment
|
12,650
|
Sales salaries
|
46,400
|
|
Depreciation on delivery trucks
|
3,800
|
Property taxes on factory building
|
2,500
|
|
Indirect factory labor
|
48,900
|
Repairs to office equipment
|
1,300
|
|
Indirect materials
|
80,800
|
Factory repairs
|
2,000
|
|
Direct materials used
|
137,600
|
Advertising
|
15,000
|
|
Factory manager's salary
|
8,000
|
Office supplies used
|
2,640
|
Instructions:
(a) From
the information, determine the total amount of manufacturing overhead.
(b) From the
information, determine the total amount of product costs.
(c) From the
information, determine the total amount of period costs.
TUTORIAL PREVIEW
(a) From
the information, determine the total amount of manufacturing overhead.
Factory Utilities
|
$15,500
|
Depreciation on factory equipment
|
12,650
|
Indirect factory labor
|
48,900
|
File name: E1-4 Knight Company.xls File type: .XLS PRICE: $6