1. Calculate total product costs. 2. Calculate total manufacturing overhead. THE FOLLOWING INFORMATION IS...
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Accounting
1. Calculate total product costs.
2. Calculate total manufacturing overhead.
THE FOLLOWING INFORMATION IS USED FOR ALL QUESTIONS ON THIS PAGE OF THE EXAM InstaChat Company provided the following information regarding its first year of operations: - Administrative salaries and other administrative costs $25,000 - Assembly line workers' wages $30,000 - Depreciation on administrative office equipment $8,000 - Depreciation on factory production equipment $5,000 - Direct materials used $20,000 - Factory supervisory salaries $16,000 - Marketing and distribution costs $24,000 - Indirect materials used $3,000 - Sales revenue $120,000 - Rent on factory building $6,000 - Sales salaries and other selling costs $32,000 Units produced =20,000
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