S.ch01 - SOLUTIONS TO BRIEF EXERCISES BRIEF EXERCISE 1-3...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon

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

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

Unformatted text preview: SOLUTIONS TO BRIEF EXERCISES BRIEF EXERCISE 1-3 Product Costs Direct Materials Direct Labor Factory Overhead (a) (b) (c) (d) X X X X BRIEF EXERCISE 1-4 (a) Direct materials. (b) Direct materials. (c) Direct labor. (d) Manufacturing overhead. (e) Manufacturing overhead. (f) Direct materials. (g) Direct materials. (h) Manufacturing overhead. BRIEF EXERCISE 1-6 (a) Product. (b) Period. (c) Period. (d) Period. (e) Product. (f) Product. BRIEF EXERCISE 1-7 Direct Materials Used Direct Labor Used Factory Overhead Total Manufacturing Costs (1) (2) (3) $81,000 $144,000 $136,000 SOLUTIONS TO EXERCISES EXERCISE 1-1 (a) Factory utilities......................................................................... 16,500 $ Depreciation on factory equipment........................................ 12,650 Indirect factory labor................................................................ 48,900 Indirect materials...................................................................... 80,800 Factory managers salary........................................................ 13,000 Property taxes on factory building............................................
View Full Document

This note was uploaded on 04/29/2011 for the course AF 3116 taught by Professor Njesw during the Spring '11 term at American.

Page1 / 5

S.ch01 - SOLUTIONS TO BRIEF EXERCISES BRIEF EXERCISE 1-3...

This preview shows document pages 1 - 3. Sign up to view the full document.

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