QUESTION 18 A partial listing of costs incurred at Eckert Co

QUESTION 18 A partial listing of costs incurred at Eckert Corporation during January appears below: Advertising costs Depreciation of administrative equipment Depreciation of factory equipment Depreciation on salesman\'s cars Direct materials Sales salaries Direct labor Administrative salaries $ 55,000 $ 25,000 S 45,000 $ 23,000 $107,000 $ 77,000 $ 96,000 $236,000 What is the total amount of product costs for the month of January? D $664.000 D $45.000 D $296.000 $248,000

Solution

Answer is $ 248000 Explanation Total Product cost: Direct Material 107000 Direct labouor 96000 Manufacturing Overheads: Depreciation on factory equipment 45000 Total Product cost: 248000