Reference no: EM132603037

Question - The Fuji Furniture Company manufactures outdoor furniture and incurred the following costs during the month of January: Timber $25 000 Indirect Material - Paint $ 5 000 Indirect Material - Glue $ 500 Wages-assembly personnel $20 000 Wages-factory supervisor $ 3 500 Factory cleaner's wages $ 2 000 Sales commissions $10 000 Administrative staff salaries $ 4 000 Depreciation-factory equipment $ 3 000 Depreciation-sales office equipment $ 1 000 Utilities, insurance-factory $ 6 000 Utilities, insurance-sales office $ 2 000 Advertising $ 8 000 Total costs $90 000

Required - Determine each of the following costs: (list the costs under each cost category when calculating the answer).

i) Product costs

ii) Prime costs

iii) Conversion costs

iv) Manufacturing overhead costs