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Accounting

Caroline Company reports the following costs and expenses in May.

Factory utilities $ 11,226 Direct labor $68,977

Depreciation on factory equipment 12,693 Sales salaries 46,060

Depreciation on delivery trucks 3,419 Property taxes on factory building 2,834

Indirect factory labor 49,135 Repairs to office equipment 1,153

Indirect materials 85,428 Factory repairs 2,358

Direct materials used 137,961 Advertising 18,174

Factory manager's salary 8,166 Office supplies used 2,335

Instructions

From the information, determine the total amount of: (a) Manufacturing overhead. (b) Product costs. (c) Period costs.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9435729

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