Solution-Prepare an answer sheet with the column headings

Prepare an answer sheet with the column headings

Assignment Help Accounting Basics

Reference no: EM132494147

Question - Agler Company specializes in manufacturing motorcycle helmets. The company has enough orders to keep the factory production at 1,000 motorcycle helmets per month. Agler's monthly manufacturing cost and other expense data are shown on the next page.

Maintenance costs on factory building	$1,500
Factory manager's salary	5,500
Advertising for helmets	8,000
Sales commissions	4,000
Depreciation on factory building	700
Rent on factory equipment	6,000
Insurance on factory building	3,000
Raw materials (plastic, polystyrene, etc.)	25,000
Utility costs for factory	800
Supplies for general of?ce	200
Wages for assembly line workers	54,000
Depreciation on of?ce equipment	500
Miscellaneous materials (glue, thread, etc.)	2,000

Instructions -

(a) Prepare an answer sheet with the following column headings.

Cost Item	Product Costs			Period Costs
Cost Item	Direct Materials	Direct Labor	Manufacturing Overhead	Period Costs

Enter each cost item on your answer sheet, placing the dollar amount under the appropriate headings. Total the dollar amounts in each of the columns.

Reference no: EM132494147

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Prepare an answer sheet with the column headings

Reference no: EM132494147

Reference no: EM132494147

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