Reference no: EM13523335

Cotton White, Inc., makes specialty clothing for chefs. The company reported the following costs for 2010.

Factory rent------------------------------------$36,000
Company advertising--------------------------24,000
Wages paid to seamstresses-----------------75,000
Depreciation on salespersons' vehicles------30,000
Thread------------------------------------------1,000
Utilities for factory---------------------------23,000
Cutting room supervisor's salary-----------30,000
President's salary---------------------------75,000
Premium quality cotton material-----------40,000
Buttons-----------------------------------------750
Factory insurance----------------------------18,000
Depreciation on sewing machines-----------6,000
Wages paid to cutters----------------------50,000

2: Compute the cost of direct labor for Cotton White. (Omit the "$" sign in your response.)

Direct labor cost:$___________

3: Compute the cost of manufacturing overhead for Cotton White. (Omit the "$" sign in your response.)

Manufacturing overhead:$___________

4: Compute the total manufacturing cost for Cotton White. (Omit the "$" sign in your response.)

Total manufacturing cost:$___________

5: Compute the prime cost for Cotton White. (Omit the "$" sign in your response.)

Prime cost:$___________

6: Compute the conversion cost for Cotton White. (Omit the "$" sign in your response.)

Conversion cost:$___________

7: Compute the total period cost for Cotton White. (Omit the "$" sign in your response.)

Total period cost:$___________