Exercise 14-4 Knight Company reports the following costs and expenses in May. 2023 Business Finance

2023 Exercise 14 4 Knight Company reports the following costs and expenses in May Factory utilities 15 500 Direct labor 69 100

  

Exercise 14-4

Knight Company reports the following costs and expenses in May.

  

Factory utilities

$15,500

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

15,000

 

Factory manager’s salary

8,000

Office supplies used

2,640

 From the information, determine the total amount of:

    

(a) Manufacturing overhead $

(b) Product costs $

(c) Period costs $

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