Paul Stanley specializes in manufacturing motorcycle helmets.During the current period, the following costs were incurred.
For each cost, indicate whether the cost would be considered tobe DM--direct material; DL--direct labor; OH--factory overhead; orPC-period cost.
1. Maintenance costs on factory building _______
2. Factory manager's salary ________
3. Advertising for helmets ________
4. Sales commissions ________
5. Depreciation on factory building ________
6. Rent on factory equipment ________
7. Insurance on factory building ________
8. Plastic used to make helmet ________
9. Utility costs for factory ________
10. Supplies for general office ________
11. Wages for assembly line workers ________
12. Depreciation of office equipment ________
13. Glue and thread used to make the helmet ________
14. Wages of factory janitor ________
Paul Stanley specializes in manufacturing motorcycle helmets.During the current period, the following costs were incurred.
For each cost, indicate whether the cost would be considered tobe DM--direct material; DL--direct labor; OH--factory overhead; orPC-period cost.
1. Maintenance costs on factory building _______
2. Factory manager's salary ________
3. Advertising for helmets ________
4. Sales commissions ________
5. Depreciation on factory building ________
6. Rent on factory equipment ________
7. Insurance on factory building ________
8. Plastic used to make helmet ________
9. Utility costs for factory ________
10. Supplies for general office ________
11. Wages for assembly line workers ________
12. Depreciation of office equipment ________
13. Glue and thread used to make the helmet ________
14. Wages of factory janitor ________
Related questions
| There are threeproblems this week. Click the tabs at the bottom of the spreadsheetto go to problems 2 and 3. | ||||||
| Echo Sports Company produceshome basketball goal systems consisting of a stand, backboard, rim,and net. The company has sufficient orders | ||||||
| and capacity to produce 800goal systems per month. Manufacturing costs and other costs areshown below: | ||||||
| Administrative salary | 2,400.00 | |||||
| Depreciation on office equipment | 400.00 | |||||
| Depreciation on production equipment | 1,800.00 | |||||
| Electric and other factory utilities | 1,400.00 | |||||
| Factory supervisor salary | 2,000.00 | |||||
| Fiberglass backboards purchased fromanother manufacturer | 30,400.00 | |||||
| Insurance on factory building andcontents | 600.00 | |||||
| Maintenance costs on factoryequipment | 1,200.00 | |||||
| Nets and rims purchased from anothermanufacturer | 6,400.00 | |||||
| Rent on factory building | 2,000.00 | |||||
| Sales commissions | 1,600.00 | |||||
| Steel pipe for stand fabrication | 14,920.00 | |||||
| Supplies for administrative office | 600.00 | |||||
| Wages for production workers | 14,720.00 | |||||
| 80,440.00 | ||||||
| Enter each manufacturing cost in theappropriate column. | Direct | Direct | Manufacturing | |||
| Leave blank if it does not fit in anycolumn. | Materials | Labor | Overhead | |||
| Administrative salary | ||||||
| Depreciation on office equipment | ||||||
| Depreciation on production equipment | ||||||
| Electric and other factory utilities | ||||||
| Factory supervisor salary | ||||||
| Fiberglass backboards purchased fromanother manufacturer | ||||||
| Insurance on factory building andcontents | ||||||
| Maintenance costs on factoryequipment | ||||||
| Nets and rims purchased from anothermanufacturer | ||||||
| Rent on factory building | ||||||
| Sales commissions | ||||||
| Steel pipe for stand fabrication | ||||||
| Supplies for administrative office | ||||||
| Wages for production workers | ||||||
| Totals | - | - | - | |||
