Below is a partial list of costs incurred at Gilhooly Corporation during September: Direct materials $183,000 Utilities,
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Question:
Below is a partial list of costs incurred at Gilhooly Corporation during September:
Direct materials $183,000
Utilities, factory $9,000
Administrative salaries $90,000
Indirect labor $25,000
Sales commissions $33,000
Production equipment depreciation $25,000
Administrative equipment depreciation $32,000
Direct labor $124,000
Advertising $148,000
Calculate the following cost:
1. Total product cost
2. Total period cost
3. Total prime cost
4. Total conversion cost
Related Book For
Managerial Accounting
ISBN: 978-0618777181
8th Edition
Authors: Susan V. Crosson, Belverd E. Needles
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