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28 Sep 2019
Your friend, Suzie Whitson, has designed a new type of outdoortoy that helps children learn basic concepts such as colors,numbers, and shapes. Suzieâs product will target two groups: daycare centers in warm climates and home school programs. Her companyis Jiffy Jet and costs for last month follow.
Factory rent $ 3,200 Company advertising 1,000 Wages paid to assembly workers 30,000 Depreciation for salespersonsâ vehicles 2,000 Screws 500 Utilities for factory 900 Assembly supervisorâs salary 3,500 Sandpaper 150 Presidentâs salary 6,000 Plastic tubing 4,200 Paint 250 Sales commissions 1,200 Factory insurance 1,000 Depreciation on cutting machines 2,000 Wages paid to painters 7,500
Determine the total cost for each of the following: a. Directmaterials. b. Directlabor. c. Manufacturingoverhead. d. Prime cost. e. Conversioncost. f. Total productcost.
Your friend, Suzie Whitson, has designed a new type of outdoortoy that helps children learn basic concepts such as colors,numbers, and shapes. Suzieâs product will target two groups: daycare centers in warm climates and home school programs. Her companyis Jiffy Jet and costs for last month follow.
| Factory rent | $ | 3,200 | ||||||||||||
| Company advertising | 1,000 | |||||||||||||
| Wages paid to assembly workers | 30,000 | |||||||||||||
| Depreciation for salespersonsâ vehicles | 2,000 | |||||||||||||
| Screws | 500 | |||||||||||||
| Utilities for factory | 900 | |||||||||||||
| Assembly supervisorâs salary | 3,500 | |||||||||||||
| Sandpaper | 150 | |||||||||||||
| Presidentâs salary | 6,000 | |||||||||||||
| Plastic tubing | 4,200 | |||||||||||||
| Paint | 250 | |||||||||||||
| Sales commissions | 1,200 | |||||||||||||
| Factory insurance | 1,000 | |||||||||||||
| Depreciation on cutting machines | 2,000 | |||||||||||||
| Wages paid to painters | 7,500 | |||||||||||||
Determine the total cost for each of the following:
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Beverley SmithLv2
28 Sep 2019