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Business, 20.09.2019 18:10, pippalotta
The following cost data for the year just ended pertain to sentiments, inc., a greeting card manufacturer: direct material $ 2,200,000 advertising expense 99,000 depreciation on factory building 116,000 direct labor: wages 465,000 cost of finished goods inventory at year-end 115,000 indirect labor: wages 141,000 production supervisor’s salary 46,000 service department costs* 100,000 direct labor: fringe benefits 120,000 indirect labor: fringe benefits 32,000 fringe benefits for production supervisor 11,000 total overtime premiums paid 55,000 cost of idle time: production employees§ 40,000 administrative costs 150,000 rental of office space for sales personnel†15,000 sales commissions 6,000 product promotion costs 10,000 *all services are provided to manufacturing departments.§cost of idle time is an overhead item; it is not included in the direct-labor wages given above.†the rental of sales space was made necessary when the sales offices were converted to storage space for raw material. required: 1. compute each of the following costs for the year just endeda. total prime costsb. total manufacturing overhead costsc. total conversion costsd. total product costse. total period costs
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The following cost data for the year just ended pertain to sentiments, inc., a greeting card manufac...
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