Knight Company reports the following costs and expenses in May.
|
Factory utilities
|
$15,500
|
Direct labor
|
$69,100
|
|
Depreciation on factory
|
|
Sales salaries
|
46,400
|
|
equipment
|
12,650
|
Property taxes on factory
|
|
|
Depreciation on delivery trucks
|
3,800
|
building
|
2,500
|
|
Indirect factory labor
|
48,900
|
Repairs to office equipment
|
1,300
|
|
Indirect materials
|
80,800
|
Factory repairs
|
2,000
|
|
Direct materials used
|
137,600
|
Advertising
|
15,000
|
|
Factory manager"s salary
|
8,000
|
Office supplies used
|
2,640
|
Instructions
From the information, determine the total amount of:
(a) Manufacturing overhead.
(b) Product costs.
(c) Period costs.