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MBA, Ph.D in Management
Harvard university
Feb-1997 - Aug-2003
Professor
Strayer University
Jan-2007 - Present
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.
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