Glass Doctor Company manufactures sunglasses. Suppose the companys May records include the following items: Requirements 1. List
Question:
Requirements
1. List the items and amounts that are manufacturing overhead costs.
2. Calculate Glass Doctors total manufacturing overhead cost inMay.
Transcribed Image Text:
Gluc for frames Depreciation expensc on company cars used by sales force Plant depreciation expense Interest expense Company president's salary Plant foreman's salary Plant janitor's wagcs Oil for manufacturing equipment Lenses $ 24,500 5,000 1,000 $ 350 3,000 9,000 1,500 200 50,000
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Req 1 Glue for frames is a manufacturing overhead cost Depreciation expense on com...View the full answer
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my expertise are as follows: financial accounting : - journal entries - financial statements including balance sheet, profit & loss account, cash flow statement & statement of changes in equity -consolidated statement of financial position. -ratio analysis -depreciation methods -accounting concepts -understanding and application of all international financial reporting standards (ifrs) -international accounting standards (ias) -etc business analysis : -business strategy -strategic choices -business processes -e-business -e-marketing -project management -finance -hrm financial management : -project appraisal -capital budgeting -net present value (npv) -internal rate of return (irr) -net present value(npv) -payback period -strategic position -strategic choices -information technology -project management -finance -human resource management auditing: -internal audit -external audit -substantive procedures -analytic procedures -designing and assessment of internal controls -developing the flow charts & data flow diagrams -audit reports -engagement letter -materiality economics: -micro -macro -game theory -econometric -mathematical application in economics -empirical macroeconomics -international trade -international political economy -monetary theory and policy -public economics ,business law, and all regarding commerce
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Related Book For
Financial and Managerial Accounting
ISBN: 978-0132497978
3rd Edition
Authors: Horngren, Harrison, Oliver
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