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Question: cotton white inc makes specialty clothing for chefs the company...

Question details

Cotton White, Inc., makes specialty clothing for chefs. The company reported the following costs for 2015:

Factory rent $ 37,200
Company advertising 24,800
Wages paid to seamstresses 76,800
Depreciation on salespersons' vehicles 30,600
Thread 1,130
Utilities for factory 23,100
Cutting room supervisor's salary 30,100
President’s salary 75,300
Premium quality cotton material 40,300
Buttons 830
Factory insurance 18,300
Depreciation on sewing machines 7,300
Wages paid to cutters 50,900


Required:
1.
Compute the cost of direct materials for Cotton White.



2. Compute the cost of direct labor for Cotton White.



3. Compute the cost of manufacturing overhead for Cotton White.



4. Compute the total manufacturing cost for Cotton White.



5. Compute the prime cost for Cotton White.



6. Compute the conversion cost for Cotton White.



7. Compute the total period cost for Cotton White.

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