Please calculate the following Direct Labor Cost Manufacting

Please calculate the following

Direct Labor Cost:________________

Manufacting Overhead_________________

Prime Cost______________________

Conversion Cost ______________________

Total Manufacting Cost______________

Period Expenses___________________

The following information is available for Wonderway, Inc., for 2015 Factory rent Company advertising Wages paid to laborers Depreciation for president\'s vehicle Indirect production labor Utilities for factory Production supervisor\'s salary President\'s salary $ 28,000 19,300 84,600 8,110 1,880 31,400 31,500 61,200 35,700 7,700 13,500 26,500 Sales commissions Factory insurance Depreciation on factory equipment

Solution

Solution

1) Direct Labour cost = Wages paid to laborers = $84600

2) Manufacturing Overhead

3) Prime cost

4) Conversion cost

5) Total manufacturing cost

6) Period Expenses

Particulars	Amount
Factory Rent	$28000
Indirect production labour	$1880
Utilities for factory	$31400
Factory Insurance	$13500
Depreciation on factory equipment	$26500
Production supervisor salary	$31500
Total cost	$132780