Frank Company manufactures wooden jewelry boxes. The following financial data pertains to costs incurred in one day
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Frank Company manufactures wooden jewelry boxes. The following financial data pertains to costs incurred in one day of operations.
Cost | Amount |
Supplies Used (office only) | $100 |
Lumber | $2,600 |
Nails | $230 |
Varnish | $360 |
Paints | $520 |
Marketing Expenses | $340 |
Plant Supervisor's Salaries | $160 |
Carpenters' Salaries | $330 |
Total Cost | $4,640 |
Do not enter dollar signs or commas in the input boxes. a) Determine the total dollar amount of product costs for the day. Daily Product Costs:
b) Determine the direct costs for the day. Daily Direct Costs:
c) Calculate total indirect manufacturing costs for the day. Daily Indirect Costs:
Related Book For
Managerial Accounting
ISBN: 9780073526706
12th Edition
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
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