Francis manufacturers, a manufacturer of wood doors and windows, has prepared the following list of accounts Advertising $36,000 Assemblers’ wages 84,200 Production supervisor’s salary 21,400 Depreciation of machinery 9,200 Factory utilities 55,600 Lathe machine (machine for shaping wood) Operators wages 66,400 Machinery repairs 22,600 Office salaries 113,800 Purchase of glue 1,600 Purchase of screws and nails 800 Purchase of pine 99,000 Purchase of oak 250,000 There is no beginning or ending inventory. Calculate the following: (b) Direct labour cost (d) Prime cost (f) Production cost
Francis manufacturers, a manufacturer of wood doors and windows, has prepared the following list of accounts Advertising $36,000 Assemblers’ wages 84,200 Production supervisor’s salary 21,400 Depreciation of machinery 9,200 Factory utilities 55,600 Lathe machine (machine for shaping wood) Operators wages 66,400 Machinery repairs 22,600 Office salaries 113,800 Purchase of glue 1,600 Purchase of screws and nails 800 Purchase of pine 99,000 Purchase of oak 250,000 There is no beginning or ending inventory. Calculate the following: (b) Direct labour cost (d) Prime cost (f) Production cost
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
- Francis manufacturers, a manufacturer of wood doors and windows, has prepared the
following list of accounts
Advertising |
$36,000 |
Assemblers’ wages |
84,200 |
Production supervisor’s salary |
21,400 |
|
9,200 |
Factory utilities |
55,600 |
Lathe machine (machine for shaping wood) Operators wages |
66,400 |
Machinery repairs |
22,600 |
Office salaries |
113,800 |
Purchase of glue |
1,600 |
Purchase of screws and nails |
800 |
Purchase of pine |
99,000 |
Purchase of oak |
250,000 |
There is no beginning or ending inventory. Calculate the following:
(b) Direct labour cost
(d) Prime cost
(f) Production cost
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