Kimmel, Accounting, 6e RCES Exercise 14-4 Knight Company reports the following costs and expenses in May. Factory utilities $17,000 Direct labor $70,400 13,550 Sales salaries 50,700 equipment Property taxes on factory Depreciation on delivery trucks ,300 building Indirect factory labor Indirect materials Direct materials used Factory manager's salary 53,200 Repairs to office equipment 85,600 Factory repairs 137,700 Advertising 3,200 2,400 2,960 15,600 3,510 8,700 Office supplies used udy From the information: Determine the total amount of manufacturing overhead. Manufacturing overhead Determine the total amount of product costs. Product costs LINK TO TEX Determine the total amount of period costs. Period costs Click if you would like to Show Work for this question: Open Show Work 80 F2 FS F7 F8 ES Brief Exercise 14-10 Presented below are incomplete manufacturing cost data. Determine the missing amounts for three different situations. Total Direct Direct Materials Labor Factory Manufacturing Overhead $62.200 $52,800 $77,500 $142,000 115,000 Used Used Costs (1) $41,200 $298,000 (3) $58,900 s $313,000 udy LINK TO TEXT INTERACTIVE TUTORIAL Determine the missing amounts Total Work Cost of Goods Manufacturing in Process in Process Costs(Ganuary 1)December 31) Manufactured $124,000 $83,400 (2) $298,000S (3) $313,000 $467,000 Click if you would like to Show Work for this question: Open Show Work $99,200$323,700 $716,000 INTERACTIVE TUTORIAL F3 F4 Dl F8 F6 3 4
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