Drew Company reports the following costs and expenses in May. 2023 Business Finance
2023 E19 4 Drew Company reports the following costs and expenses in May Factory utilities 11 500 Direct labor 69 100 Depreciation on
Factory utilities
|
$11,500
|
Direct labor
|
$69,100
|
|
Depreciation on factory equipment
|
12,650
|
Sales salaries
|
46,400
|
|
Depreciation on delivery trucks
|
3,800
|
Property taxes on factory building
|
2,500
|
|
Indirect factory labor
|
48,900
|
Repairs to office equipment
|
1,300
|
|
Indirect materials
|
80,800
|
Factory repairs
|
2,000
|
|
Direct materials used
|
137,600
|
Advertising
|
18,000
|
|
Factory manager’s salary
|
8,000
|
Office supplies used
|
2,640
|
Instructions
(a) From the information, determine the total amount of: manufacturing overhead.
(b) From the information, determine the total amount of: product costs.
(c) From the information, determine the total amount of: period costs.
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