Francis manufacturers, a manufacturer of wood doors and windows, has prepared the following list of accounts Advertising Assemblers wages Production supervisor's salary Depreciation of machinery Factory utilities Lathe machine (machine for shaping wood) Operators wages Machinery repairs Office salaries Purchase of glue Purchase of screws and nails $36,000 84,200 21,400 9,200 55,600 66,400 22,600 113,800 1,600 800 Purchase of pine Purchase of oak 99,000 250,000 There is no beginning or ending inventory. Calculate the following: (а) (b) (c) Direct material used Direct labour cost (d) (e) (f) Prime cost Conversion cost Production cost Factory overhead
Francis manufacturers, a manufacturer of wood doors and windows, has prepared the following list of accounts Advertising Assemblers wages Production supervisor's salary Depreciation of machinery Factory utilities Lathe machine (machine for shaping wood) Operators wages Machinery repairs Office salaries Purchase of glue Purchase of screws and nails $36,000 84,200 21,400 9,200 55,600 66,400 22,600 113,800 1,600 800 Purchase of pine Purchase of oak 99,000 250,000 There is no beginning or ending inventory. Calculate the following: (а) (b) (c) Direct material used Direct labour cost (d) (e) (f) Prime cost Conversion cost Production cost Factory overhead
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter1: Introduction To Managerial Accounting
Section: Chapter Questions
Problem 4E: For apparel manufacturer Abercrombie Fitch, Inc. (ANF), classify each of the following costs as...
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