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In: Accounting

Ayayai Company reports the following costs and expenses in May. Factory utilities $16,500 Direct labor $70,000...

Ayayai Company reports the following costs and expenses in May. Factory utilities $16,500 Direct labor $70,000 Depreciation on factory equipment 14,250 Sales salaries 50,800 Depreciation on delivery trucks 4,000 Property taxes on factory building 3,100 Indirect factory labor 52,700 Repairs to office equipment 2,000 Indirect materials 85,700 Factory repairs 2,220 Direct materials used 142,700 Advertising 16,800 Factory manager’s salary 8,600 Office supplies used 3,060

manufacturing overhead

product cost

period cost

Solutions

Expert Solution

Manufacturing overhead product cost period cost
Factory utilities Manufacuring overhead ,Product cost 16500 16500
Direct labor Product cost 70000
Depreciation on factory equipment Manufacuring overhead ,Product cost 14250 14250
Sales salaries period cost 50800
Depreciation on delivery trucks period cost 4000
Property taxes on factory building Manufacuring overhead ,Product cost 3100 3100
Indirect factory labor Manufacuring overhead ,Product cost 52700 52700
Repairs to office equipment Period cost 2000
Indirect materials Manufacuring overhead ,Product cost 85700 85700
Factory repairs Manufacuring overhead ,Product cost 2220 2220
Direct materials used product cost 142700
Advertising period cost 16800
Factory manager’s salary Manufacuring overhead ,Product cost 8600 8600
Office supplies used period cost 3060
Total 183070 395770 76660

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