Randy Inc. produces and sells tablets. The company incurred the following costs for the May: Advertising cost
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Question:
Randy Inc. produces and sells tablets. The company incurred the following costs for the May:
Advertising cost for monthly television ads | $ | 4,200 |
Attachable keyboard | 18,200 | |
Insurance for delivery truck | 420 | |
Factory supervisor's salary | 3,150 | |
Marketing manager's salary | 2,850 | |
Assembly worker wages | 16,000 | |
Miscellaneous soldering material used to seal case | 650 | |
Hourly wages for factory security guard | 1,800 | |
CEO's salary | 6,600 | |
Speakers | 4,800 | |
Required:
Determine each of the following:
1. | Direct Material | |
2. | Direct labor | |
3. | Manufacturing overhead | |
4. | Total manufacturing cost | |
5. | Total period cost | |
6. | Total variable cost | |
7. | Total fixed cost |
Related Book For
Managing the Law The Legal Aspects of Doing Business
ISBN: 978-0132164429
4th edition
Authors: Mitchell McInnes, Ian R. Kerr, J. Anthony VanDuzer
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