question archive The following cost data were taken from the records of a manufacturing company: Depreciation on factory equipment $1000, Depreciation on sales office $500, Advertising $7,000, Freight-out (shipping) $3,000, Wages of production workers $28,000, Raw materials used $47,000, Sales salaries and commissions $10,000, Factory rent $2,000, Factory insurance $500, Materials handling $1,500, Administrative salaries $2,000
The following cost data were taken from the records of a manufacturing company: Depreciation on factory equipment $1000, Depreciation on sales office $500, Advertising $7,000, Freight-out (shipping) $3,000, Wages of production workers $28,000, Raw materials used $47,000, Sales salaries and commissions $10,000, Factory rent $2,000, Factory insurance $500, Materials handling $1,500, Administrative salaries $2,000
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The following cost data were taken from the records of a manufacturing company:
Depreciation on factory equipment $1000, Depreciation on sales office $500, Advertising $7,000, Freight-out (shipping) $3,000, Wages of production workers $28,000, Raw materials used $47,000, Sales salaries and commissions $10,000, Factory rent $2,000, Factory insurance $500, Materials handling $1,500, Administrative salaries $2,000. Based upon this information, the manufacturing cost incurred during the year was
A.$78,500--
B. $80,000--
C.$80,500--
D. $83,000
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Answer:
Shipping $3,000
Wages $28,000
Raw materials $47,000
Materials handling $1,500
Depreciation on factory equipment $1000
Factory rent $2,000
Factory insurance $500
Total costs: $83,000
