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Category > Accounting Posted 20 Jun 2017 My Price 7.00

Calculate the total of direct materials

Assume the manufacturer of upholstered furniture incurs the following cost:                 

Carpenter's and lathe operators' wages …………………………………………………… $460,000              

Quality control inspectors' wages………………………………………………………………180,000              

Office depreciation ………………………………………………………………………………170,000              

Advertising ………………………………………………………………………………………....35,000              

Fabric placed into production …………………………………………………………………..520,000              

Wood placed into production …………………………………………………………………….310,000              

Miscellaneous factory supplies …………………………………………………………………......7,000              

Factory taxes and insurances …………………………………………………………………….80,000              

Upholsterer's wages ………………………………………………………………………………200,000              

Factory Manager's salaries ………………………………………………………………………80,000              

Rent for sales in showroom ……………………………………………………………………….18,000              

Sales salaries and commissions …………………………………………………………………120,000              

Factory depreciation ………………………………………………………………………………250,000

 

  Require: 

a Calculate the total of direct materials cost incurred during period.

b Calculate the total of direct labor cost insecure during period.            

 

Pleased provided explanations.                                               

Answers

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Status NEW Posted 20 Jun 2017 03:06 AM My Price 7.00

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