Reference no: EM132717174
Question - The following costs were incurred during the year by Hopefully Company.
Depreciation of factory machines = 24000
Oil used to lubricate factory machines = 12000
Promotional expenses = 28000
Raw materials used = 350000
Repair of factory machines = 49000
Salary of factory superintendent = 60000
Wages of factory workers= 120000
Salary of factory clerk = 40000
Transportation cost of salesmen = 38000
Packaging materials in the store = 26000
Gas/oil expenses of the general manager = 80000
Product warranty expense= 33000
Required - Compute for the total product cost.