In: Accounting
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
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 |