Edward Company reported the following costs and expenses in July: Factory utilities $ 2 1 , 4
Question:
Edward Company reported the following costs and expenses in July:
Factory utilities
$
Direct labour
$
Depreciation on factory equipment
Sales salaries
Depreciation on delivery trucks
Property taxes on factory building
Indirect factory labour
Repairs to office equipment
Indirect materials
Factory repairs
Direct materials used
Advertising
Factory managers salary
Office supplies used
From the information above, answer the following.
Determine the total amount of manufacturing overhead.
Manufacturing overhead $enter the total amount of manufacturing overhead in dollars
Determine the total amount of product costs.
Product costs $enter the total amount of product costs in dollars
Determine the total amount of period costs.
Period costs $enter the total amount of period costs in dollars
Accounting Tools for business decision making
ISBN: 978-0470095461
4th Edition
Authors: kimmel, weygandt, kieso