Alameda Manufacturing manufactures a variety of wooden picture frames using recycled wood from old barns. Alameda Manufacturing
Question:
Alameda Manufacturing manufactures a variety of wooden picture frames using recycled wood from old barns. Alameda Manufacturing has reported the following costs for the previous year. Assume no production inventories.
Advertising………………………………………………………………….. $25,600
Cost of hardware (hangers, decorations, etc)…………….… $42,300
Cost of wood…………………………………………………………..... .$121,200
Depreciation on production equipment…………………….... $32,000
Factory property taxes……………………………………………….....$15,500
Factory rent……………………………………………………………..….. $50,000
Glue……………………………………………………………………...…….… $3,030
Production supervisor salary…………………………………….. $41,200
Sales manager salary…………………………………………………. $41,500
Utilities for factory………………………………………………………. $27,800
Wages for maintenance workers.......................................$33,200
Wages of assembly workers..............................................$87,400
Wages of finishing workers...............................................$74,100
A compute the direct material cost 1a.____ $163,500 _______
Compute the direct labor cost. 1b.________ $161,500 ________
Compute the manufacturing overhead. 1c.____ $232,730 ______
Compute the total manufacturing cost. 1d.____ $557,730 _____
Compute the prime cost. 1e_________$325,000 ______
Compute the conversion cost. 1f.____ $394,230 _____
Compute the total period cost 1g.____ $67,100 ________