3170 1160 31200 2050 585 835 3510 120 5140 4160 270 1330 10
$ 3,170 1,160 31,200 2,050 585 835 3,510 120 5,140 4,160 270 1,330 1,000 2,010 7,800 Factory rent Company advertising Wages paid to assembly workers Depreciation for salespersons\' vehicles Screws Utilities for factory Assembly supervisor\'s salary Sandpaper President\'s salary Plastic tubing Paint Sales commissions Factory insurance Depreciation on cutting machines Wages paid to painters
Solution
Computation of Manufacturing Overhead:
| a. | Direct Materials | $ 4,160 |
| b. | Direct Labor | $ 39,000 |
| c. | Manufacturing Overhead | $ 11,500 |
| d. | Prime Cost | $ 43,160 |
| e. | Conversion Cost | $ 50,500 |
| f. | Total Product Cost | $ 54,660 |
