Crowdly
Add to Chrome
The Casual Furniture Company manufactures outdoor furniture and incurred the fo...
✅ The verified answer to this question is available below. Our community-reviewed solutions help you understand the material better.
The Casual Furniture Company manufactures outdoor furniture and incurred the following costs during the month of January:
Timber
|
$
|
25 000
|
Paint
|
$
|
5 000
|
Glue
|
$
|
500
|
Wages—assembly personnel
|
$
|
20 000
|
Wages—factory supervisor
|
$
|
3 500
|
Factory cleaner's wages
|
$
|
2 000
|
Sales commissions
|
$
|
10 000
|
Administrative staff salaries
|
$
|
4 000
|
Depreciation—factory equipment
|
$
|
3 000
|
Depreciation—sales office equipment
|
$
|
1 000
|
Utilities, insurance—factory
|
$
|
6 000
|
Utilities, insurance—sales office
|
$
|
2 000
|
Advertising
|
$
|
8 000
|
Total costs
|
$
|
90 000
|
The product costs are: