Melinda's Custom Homes, a construction company that builds custom-designed houses, incurred costs for the following items....
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Melinda's Custom Homes, a construction company that builds custom-designed houses, incurred costs for the following items. Wages paid to construction crew Wood Production supervisor's salary Billboard advertising the company Rent on office space Depreciation on tools used at construction sites Sheet rock Machine purchased to cut a special kind of tile requested by one customer-cannot be re-used Gas for the company truck, used to haul supplies to construction sites Paint Fees paid to electrical contractor, who charges a set amount per house Depreciation on the company truck, used to haul supplies to construction sites (straight-line) Insurance premiums President's salary Bricks Total Variable Cost Calculate each of the following, where the cost object is the houses built by the company: a. Total variable costs. b. Total fixed costs. Total Fixed Cost c. Total direct costs. Total Direct Cost d. Total indirect costs. $105,000 $176,000 $ 52,000 $9,000 $ 12,000 $ 32,500 $ 84,000 $ 8,300 Total Indirect Cost $ 2,800 $ 9,600 $ 12,500 $ 10,000 $ 13,800 $101,000 $ 89,000 Melinda's Custom Homes, a construction company that builds custom-designed houses, incurred costs for the following items. Wages paid to construction crew Wood Production supervisor's salary Billboard advertising the company Rent on office space Depreciation on tools used at construction sites Sheet rock Machine purchased to cut a special kind of tile requested by one customer-cannot be re-used Gas for the company truck, used to haul supplies to construction sites Paint Fees paid to electrical contractor, who charges a set amount per house Depreciation on the company truck, used to haul supplies to construction sites (straight-line) Insurance premiums President's salary Bricks Total Variable Cost Calculate each of the following, where the cost object is the houses built by the company: a. Total variable costs. b. Total fixed costs. Total Fixed Cost c. Total direct costs. Total Direct Cost d. Total indirect costs. $105,000 $176,000 $ 52,000 $9,000 $ 12,000 $ 32,500 $ 84,000 $ 8,300 Total Indirect Cost $ 2,800 $ 9,600 $ 12,500 $ 10,000 $ 13,800 $101,000 $ 89,000
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Related Book For
Cost Accounting A Managerial Emphasis
ISBN: 978-0133392883
6th Canadian edition
Authors: Horngren, Srikant Datar, George Foster, Madhav Rajan, Christ
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