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Knight Company reports the following costs and expenses in May.
Knight...
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Business, 01.02.2021 23:50, fifthward92
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Knight Company reports the following costs and expenses in May.
Knight Company reports the following costs and expenses in May.
Factory utilities $16,500 Direct labor $70,000
Depreciation on factory equipment 14,250 Sales salaries 50,800
Depreciation on delivery trucks 4,000 Property taxes on factory building 3,100
Indirect factory labor 52,700 Repairs to office equipment 2,000
Indirect materials 85,700 Factory repairs 2,220
Direct materials used 142,700 Advertising 16,800
Factory manager’s salary 8,600 Office supplies used 3,060
(a) Determine the total amount of manufacturing overhead.
(b) Determine the total amount of product costs.
(c)Determine the total amount of period costs.
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