Cartwell Incorporated makes picture frames that are sold in a local retail store and through various websites.
Wood for frames $
Rent for retail store
Depreciation on office equipment
Assembly worker wages
CEO's salary
Glue and nails
Online sales commissions
Glass for frames
Depreciation on factory equipment
Factory utilities
Stain for frames
Required:
Determine the cost of direct material.
Determine the cost of direct labor.
Determine the cost of manufacturing overhead.
Determine the total manufacturing cost.
Determine the total period cost.
Determine the total variable cost.
Determine the total fixed cost.
Determine the total prime cost.
Determine the total conversion cost.