ch01 - SOLUTIONS TO EXERCISESSET B EXERCISE 1-1B (a)...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
SOLUTIONS TO EXERCISES—SET B EXERCISE 1-1B (a) Factory utilities. ......................................................................... $ 16,500 Depreciation on factory equipment. ....................................... 12,650 Indirect factory labor. ............................................................... 48,900 Indirect materials. ..................................................................... 80,800 Factory manager’s salary. ........................................................ 13,000 Property taxes on factory building. ........................................ 2,500 Factory repairs. ......................................................................... 2,000 Manufacturing overhead. ......................................................... $176,350 (b) Direct materials. ........................................................................ $137,600 Direct labor. ............................................................................... 79,100 Manufacturing overhead. ......................................................... 176,350 Product costs. ........................................................................... $393,050 (c) Depreciation on delivery trucks. ............................................. $ 8,800 Sales salaries. ........................................................................... 46,400 Repairs to office equipment. ................................................... 1,300 Advertising. ............................................................................... 18,000 Office supplies used. ................................................................ 5,640 Period costs. .............................................................................. $ 80,140 EXERCISE 1-2B (a) Delivery service (product) costs: Indirect materials. ........................................................... $ 8,400 Depreciation on delivery equipment. ............................ 11,200 Dispatcher’s salary. ........................................................ 5,000 Gas and oil for delivery trucks. ..................................... 2,200 Drivers’ salaries. ............................................................. 15,000 Delivery equipment repairs. ........................................... 300 Total. ........................................................................ $42,100 (b) Period costs: Property taxes on office building. ................................. $ 2,870 CEO’s salary. ................................................................... 12,000 Advertising. ...................................................................... 1,600 Office supplies. ............................................................... 650 Office utilities. .................................................................. 990 Repairs on office equipment. ......................................... 680 Total. ........................................................................ $18,790
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 12/12/2009 for the course ACCT 2102 taught by Professor Constable,d during the Fall '08 term at Georgia Perimeter.

Page1 / 21

ch01 - SOLUTIONS TO EXERCISESSET B EXERCISE 1-1B (a)...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online