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Unformatted text preview: 14,000 Factory rent 9,600 Electricity to run the molding machine 2,600 Labor cost of machine operators 34,100 Internet sales site 1,500 Administrative salaries 12,500 Depreciation of molding machine 7,400 Salary of factory safety inspector 3,500 Office rent 13,500 Evaluate these costs, and determine the amount of direct material, direct labor, factory overhead, and selling/general/administrative costs. Next, identify how much is considered to be a "prime cost" and how much is considered to be a "conversion cost."...
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This note was uploaded on 02/29/2012 for the course ACCOUNTING 101 taught by Professor Hudack during the Spring '11 term at FIU.
- Spring '11