Home / Questions / Comfy Furniture Company manufactures furniture at its Akron, Ohio, factory. Some of its c
Comfy Furniture Company manufactures furniture at its Akron, Ohio, factory. Some of its costs from the past year include:
Depreciation on sales office |
$11,000 |
Depreciation on factory equipment |
$16,000 |
Factory supervisor salary |
$52,500 |
Sales commissions |
$23,000 |
Lubricants used in factory equipment |
$3,000 |
Insurance costs for factory |
$21,000 |
Wages paid to maintenance workers |
$115,000 |
Fabric used to upholster furniture |
$7,000 |
Freight-in (on raw materials) |
$2,500 |
Costs of delivery to customers |
$9,000 |
Wages paid to assembly-line workers |
$132,500 |
Lumber used to build product |
$72,000 |
Utilities in factory |
$44,500 |
Utilities in sales office |
$26,500 |
Manufacturing overhead costs for Comfy Furniture Company totaled:
A) $324,000.
B) $122,000.
C) $228,000.
D) $252,000.
22) Use the correct number to designate each item below. Assume a manufacturer.
1. Direct materials
2. Selling and general expenses
3. Manufacturing overhead
4. Direct labor
A)_____ Rent expense on factory building
B)_____ Sales supplies used
C)_____ Factory supplies used
D)_____ Indirect materials used
E)_____ Wages of assembly line personnel
F)_____ Cost of primary material used to make product
G)_____ Depreciation expense on office equipment
H)_____ Rent expense on office facilities
I)_____ Insurance expired on factory equipment
J)_____ Utilities incurred in the office
K)_____ Advertising expense
L)_____ Taxes paid on factory building
Dec 07 2019 View more View Less
For each of the three theories for the upward slope of the short-run aggregate-supply curve, carefully explain the following:a. how the economy recovers from a recession ...
Jul 19 2021Add necessary commas to the following sentences. For each sentence indicate the number of commas you added. If a sentence is correct, write CIt was in Taiwan not in mainl...
Jul 14 2021In a regional city, two lawn companies fertilise lawns during the summer. Company A has 72% of the market. Thirty per cent of the lawns fertilised by Company A could be r...
Apr 10 2020Draw Fischer projections of L-glucose and L-fructose.
May 23 2021Research on the effects of recessions on the real level of GDP shows thatA) recessions cause only temporary reductions in real GDP, which are offset by growth during the ...
Jan 11 2020Consider a team project in which you participated, was there a WBS? If so, what was your experience? If not share how the project could have been improved by using this a...
Apr 16 2020(a) The following tasks are to be assigned to work stations with the intention of minimising idle time. Precedence relationships are shown. Management has designated an o...
Apr 15 2021Every day, Josie buys 2 cups of coffee and 1 sandwich for lunch. The price of coffee is $2 a cup and the price of a sandwich is $5. Josie’s choice of lunch maximizes her ...
Jun 03 2020You will find the best sources of information for this question from news magazine websites. Identify three different organizations and discuss what you see as to how the...
Aug 27 2020Normal profit is a part of total cost. Is it true?
Jul 08 2021