Question: Question 5 options: Entry Rules: Round your answer to the nearest whole number . Examples: If your answer is $24,500.47, enter 24500 If your answer

Question 5 options:

Entry Rules:

Round your answer to the nearest whole number.

Examples:

If your answer is $24,500.47, enter 24500

If your answer is $24,500.51, enter 24501

If your answer is $24,500.00, enter 24500

Never enter $ or , when inputting numerical answers

QUESTION:

Brenda Ltd. had the following costs for the year:

Description Amount
Factory utilities 11,000
Sales salaries 118,000
Sales commissions 49,000
Indirect labour in the factory 55,000
Salary of the factory supervisor 91,000
Salary of the head office receptionist 55,000
Direct labour 219,000
Marketing costs 67,000
Other administrative costs 319,000
Direct materials 394,000
Depreciation on factory equipment 16,000
Factory rent 44,000
Salary of the factory receptionist 51,000
Depreciation on the head office building 18,000

What was the total product costs for the year?

What are the total prime costs for the year?

What are the total conversion costs for the year?

What are the total period costs for the year?

If the company produced 20,000 units for the year, what was the unit product cost (the cost per unit)?

HINT: remember the rounding rule!

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