Solution-What the amount to be recorded as period costs

What the amount to be recorded as period costs

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Reference no: EM132935719

Question - Ms. Binibini was the newly hired Cost Accountant of Build-Build Duthirty Manufacturing with one month operation. She was given a schedule of expenses for the month of April 20x1 to compute the amount of period costs.

Expenses

Amount in Peso

Indirect Materials and factory supplies 10,000.00

Sales and Marketing Supervisory Salaries 40,000.00

Repairs & Maintenance - Procurement 30,000.00

Heat, Light & Power - Corporate Office 8,000.00

Make up Pay - Factory Workers 4,000.00

Benefits for factory workers 1,500.00

Depreciation - Admin Office 28,000.00

Insurance - Factory Building 4,500.00

Depreciation - Factory Building 30,000.00

Assembly Tool Room Expenses 6,000.00

Promotional Expenses 28,000.00

Idle time due to machine maintenance 5,000.00

Salaries - Finance Department 55,000.00

Total 250,000.00

Required - What the amount to be recorded as period costs?

Reference no: EM132935719

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What the amount to be recorded as period costs

Reference no: EM132935719

Reference no: EM132935719

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