2015 The following information is available for Wonderway In

2015: The following information is available for Wonderway, Inc., for 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 Direct materials used Sales commissions Factory insurance Depreciation on factory equipment s 28,700 19,100 83,700 8,130 1,940 31,000 30,900 60,200 35,600 7,640 12,700 28,000 Required: 1. Calculate the direct labor cost for Wonderway. Direct Labor Cost 2. Calculate the manufacturing overhead cost for Wonderway. Manufacturing Overhead 3. Calculate the prime cost for Wonderway. rime Cost

Solution

1 Direct labor cost = 83700 2 Manufacturing overhead =28700+1940+31000+30900+12700+28000= 133240 3 Prime cost = 35600+83700= 119300 4 Conversion cost = 83700+133240= 216940 5 Total manufacturing cost = 35600+83700+133240= 252540 6 Period expenses = 19100+8130+60200+7640= 95070