Mang ACC 1

Mang ACC 1 - CHAPTER 1 Exercise 1-1 1. (d) Board of...

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Unformatted text preview: CHAPTER 1 Exercise 1-1 1. (d) Board of directors 2. (c) Chief financial officer 3. (g) Treasurer 4. (f) Controller 5. (b) Line position 6. (a) Chief executive officer 7. (e) Staff position EXERCISE 1-3 (a) Factory utilities........................................................................ $ 8,500 Depreciation on factory equipment....................................... 12,650 Indirect factory labor............................................................... 48,900 Indirect materials..................................................................... 80,800 Factory managers salary....................................................... 8,000 Property taxes on factory building........................................ 2,500 Factory repairs......................................................................... 2,000 Manufacturing overhead......................................................... $163,350 (b) Direct materials........................................................................ $137,600 Direct labor............................................................................... 69,100 Manufacturing overhead......................................................... 163,350 Product costs........................................................................... $370,050 (c) Depreciation on delivery trucks............................................. $ 3,800 Sales salaries........................................................................... 49,400 Repairs to office equipment......................................................
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Mang ACC 1 - CHAPTER 1 Exercise 1-1 1. (d) Board of...

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