Question: - A A PO m12 nfasis 1 Normal Subtitulo ab x x A 0.A- E- Prrafo Fuente PROBLEM III (20 Puntos) Lucas Company reports the
- A A PO m12 nfasis 1 Normal Subtitulo ab x x A 0.A- E- Prrafo Fuente PROBLEM III (20 Puntos) Lucas Company reports the following costs and expenses in May. Factory utilities $ 16,500 Direct labor Depreciation Factory Equip 12.650 Sales salaries Sales Commissions 1,300 Property Taxes Factory Bldg. Depreciation on delivery trucks 3,800 Delivery Expenses Indirect factory labor 48,900 Repairs to office equipment Indirect materials 70,800 Factory repairs Direct materials used 157,600 Advertising Factory manager's salary 8,000 Office supplies used Instructions From the information, determine the total amount of (a) Manufacturing overhead. (b) Product costs. (c) Period costs. Solution PROBLEM III (a) Total Manufacturing overhead (MOH $79,100 51,400 1,200 1,000 600 2,000 23,000 2,040 $ $ b) Total Product costs $ $ Total Period costs $ $
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
