Reference no: EM132966005
Question - The following information was obtained from Fold Co., a car manufacturer.
Advertising expense $9,000
Administrative wages and salaries $190,000
CEO's salary $500,000
Delivery costs $1,200
Depreciation on manufacturing equipment $30,000
Depreciation on salespersons' automobiles $13,500
Electricity bill for human resource office $740
Factory janitorial costs $1,450
Factory utilities $3,100
Marketing manager's salary $81,000
Metals $4,800
Property tax on factory $2,500
Property tax on administrative building $1,120
Wages for assembly line workers $460,000
Wheels $7,000
Required -
1. Calculate the manufacturing overhead costs.
2. Calculate the product costs.
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