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Compute for the total product cost for hopefully company

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Reference no: EM132690304

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

Problem 1: Compute for the total product cost.

Reference no: EM132690304

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