Q1) A partial listing of costs incurred at Blackburn Corporation during January appears below:
|
Direct materials
|
$198,000
|
|
Depreciation of administrative equipment
|
$25,000
|
|
Rental expense for factory equipment
|
$81,000
|
|
Direct labor
|
$213,000
|
|
Indirect materials
|
$ 21,000
|
|
Sales salaries
|
$108,000
|
|
Electrical costs of the factory
|
$12,000
|
|
Warehouse costs for storing finished goods
|
$9,000
|
What is the total amount of manufacturing overhead costs for the month of January?
$123,000
$525,000
$148,000
$114,000
Q2) A partial listing of costs incurred at Eckert Corporation during January appears below:
|
Advertising costs
|
$55,000
|
|
Depreciation of administrative equipment
|
$25,000
|
|
Depreciation of factory equipment
|
$45,000
|
|
Depreciation on salesman's cars
|
$23,000
|
|
Direct materials
|
$107,000
|
|
Sales salaries
|
$77,000
|
|
Direct labor
|
$96,000
|
|
Administrative salaries
|
$236,000
|
What is the total amount of product costs for the month of January?
$296,000
$45,000
$664,000
$248,000