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Homework answers / question archive / M1-10 (Algo) Calculating Costs [LO 1-4] Randy Inc

M1-10 (Algo) Calculating Costs [LO 1-4] Randy Inc

Accounting

M1-10 (Algo) Calculating Costs [LO 1-4] Randy Inc. produces and sells tablets. The company incurred the following costs for the May: Advertising cost for monthly television ads Attachable keyboard Insurance for delivery truck Factory supervisor's salary Marketing manager's salary Assembly worker wages Miscellaneous soldering material used to seal case Hourly wages for factory security guard CEO's salary Speakers $ 7,200 21,200 720 3,900 3,600 31,000 1,400 2,550 8,100 5,550 Required: Determine each of the following: 1. Direct material $ 2. Direct labor $ $ $ 3. Manufacturing overhead 4. Total manufacturing cost 5. Total period cost 6. Total variable cost 26,750 31,000 6,450 64,200 23,520 56,150 23,5201 $ $ 7. Total fixed cost $

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