Sentiments, Inc., is a greeting card manufacturer. The following selected cost data is for the year ended
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Question:
Sentiments, Inc., is a greeting card manufacturer. The following selected cost data is for the year ended December 31.
Description | Dollar Amount |
Cost of delivery to customers | $16,000 |
President's salary costs | $120,000 |
Marketing costs | $49,000 |
Supervisor salary (factory) | $90,000 |
Printing ink for cards | $52,000 |
Factory equipment depreciation | $32,000 |
Factory utility costs | $24,000 |
Assembly line worker's wages | $102,000 |
Sales commission | $92,000 |
Lubricants for factory equipment | $4,000 |
Pulp paper costs | $128,000 |
Property taxes on factory | $18,000 |
Admin costs (head office) | $68,000 |
Calculate
Total prime costs for the year
Total conversion costs for the year
Related Book For
Intermediate Accounting Volume 1
ISBN: 978-1119496496
12th Canadian edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Irene M. Wiecek, Bruce J. McConomy
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