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The following information is available for Wavy, Incorporated, for the current year: Factory...

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Accounting

The following information is available for Wavy, Incorporated, for the current year:

Factory rent $ 29,800
Company advertising 20,200
Wages paid to laborers 84,600
Depreciation for president's vehicle 8,060
Indirect production labor 1,850
Utilities for factory 30,100
Production supervisor's salary 31,900
President's salary 61,400
Direct materials used 35,500
Sales commissions 7,520
Factory insurance 12,800
Depreciation on factory equipment 26,500

Required:

  1. Calculate the direct labor cost for Wavy.
  2. Calculate the manufacturing overhead cost for Wavy.
  3. Calculate the prime cost for Wavy.
  4. Calculate the conversion cost for Wavy.
  5. Calculate the total manufacturing cost for Wavy.
  6. Calculate the period expenses for Wavy.
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