Question

A partial listing of costs incurred during December at Rooks Corporation appears below: Factory supplies $ 15,000 Administrative wages and salaries $ 112,000 Direct materials $ 160,000 Sales staff salaries $ 75,000 Factory depreciation $ 56,000 Corporate headquarters building rent $ 41,000 Indirect labor $ 39,000 Marketing $ 110,000 Direct labor $ 90,000 The total of the product costs listed above for December is:

Answer 1

Answer: $360,000

Step-by-step explanation:

Product costs will be the addition of the Direct materials, Direct labor and the Manufacturing overhead.

Manufacturing overhead costs will be:

Factory supplies = $15,000

Add: Factory depreciation = $56,000

Add: Indirect labor = $39,000

Total = $110,000

Product cost will be:

Direct materials = $160,000

Add: Direct labor = $90,000

Add: Manufacturing overhead = $110,000

Product cost = $360,000