The Dorilane Company specializes in producing a set of wood patio furniture. Annual data are shown below:
Administrative salaries 60,000
Administrative supplies 3,000
Advertising 50,000
Depreciation, factory equipment 10,000
Depreciation, corporate equipment 4,000
Direct materials used 75,000
Factory labor 118,000
Factory Supervision 40,000
Indirect materials, factory 6,000
Insurance, factory 2,500
Lease cost, factory equipment 12,000
Property taxes, factory building 3,500
Revenues 612,500
Sales commissions 80,000
Utilities, factory 20,000
Utilities, corporate 12,500
For all items below, show calculations:
a) List the period costs and give the total:
b) What is the total conversion cost?
c) What is the total dollar amount of the prime costs?
d) What is the total manufacturing cost?