Company "ABC" had a production of 600 units of product X in November 2021. All...
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Accounting
Company "ABC" had a production of 600 units of product X in November 2021. All of those products were sold at a price of 20 dollars per unit. Below you can find information about the production, distribution and sales of the Product X that had been produced during November 2021 (in $): Direct materials that used cost 4,500, Salaries paid to workers at production 3,500, Administrative expenses 500, Depreciation of administrations office equipment 50, Commissions 500, Cost of advertisements 1,000, Salaries paid to managers 2,000, Machine Depreciation 150. You are required to calculate the below: A. The direct and indirect cost of the period November 2021, B. The total costs of selling, general and administrative expenses, C. The total cost of Product X and D. The result (gain or loss) of the company.
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