Cotton White, Inc., makes specialty clothing for chefs. The company reported the following costs for 2010.
- Factory rent---------------------------------$36,000
- Company advertising-----------------------24,000
- Wages paid to seamstresses---------------75,000
- Depreciation on salespersons' vehicles-----30,000
- Thread----------------------------------------1,000
- Utilities for factory-------------------------23,000
- Cutting room supervisor's salary-------------30,000
- President's salary-----------------------------75,000
- Premium quality cotton material-------------40,000
- Buttons-------------------------------------------750
- Factory insurance------------------------------18,000
- Depreciation on sewing machines--------------6,000
- Wages paid to cutters-------------------------50,000
1: Compute the cost of direct labor for Cotton White. (Omit the "$" sign in your response.)
Direct labor cost:$___________
2. Compute the cost of manufacturing overhead for Cotton White. (Omit the "$" sign in your response.)
Manufacturing overhead:$___________
3. Compute the total manufacturing cost for Cotton White. (Omit the "$" sign in your response.)
Total manufacturing cost:$___________
4. Compute the prime cost for Cotton White. (Omit the "$" sign in your response.)
Prime cost:$___________
5. Compute the conversion cost for Cotton White. (Omit the "$" sign in your response.)
Conversion cost:$___________
6. Compute the total period cost for Cotton White. (Omit the "$" sign in your response.)
Total period cost:$___________