Question

Factory utilities $15,600 Direct labor $69,400

Depreciation on factory equipment 13,050 Sales salaries 49,900
Depreciation on delivery trucks 4,000 Property taxes on factory building 3,000
Indirect factory labor 49,300 Repairs to office equipment 2,200
Indirect materials 84,200 Factory repairs 2,960
Direct materials used 139,700 Advertising 15,600
Factory manager's salary 8,700 Office supplies used 3,000

Determine the total amount of manufacturing overhead.

product costs.

Determine the total amount of period costs.

Answer 1

The total amount of manufacturing overhead is $289,010, and the total amount of period costs is $58,500.

Step-by-step explanation:

The total amount of manufacturing overhead is the sum of all the indirect costs involved in the manufacturing process, which includes factory utilities, depreciation on factory equipment, indirect factory labor, indirect materials, and factory repairs. In this case, the manufacturing overhead is $289,010 ($15,600 + $13,050 + $49,300 + $84,200 + $2,960).

The period costs refer to the expenses incurred outside the manufacturing process, such as sales salaries, property taxes on factory building, repairs to office equipment, and advertising. The total amount of period costs is $58,500 ($49,900 + $3,000 + $2,200 + $3,000).