Question

FrameIt manufactures picture frames. Below are costs from FrameIt’s June records. What is FrameIt’s total manufacturing overhead costs in June? Oil for manufacturing equipment $50 Wood for frames $55,000 Salary of the company’s president $30,000 Interest expense $2,500 Factory supervisor’s salary $20,000 Depreciation expense on the company car used by the sales team $3,000 Factory janitor’s salary $5,000 Factory depreciation expense $8,000 Glue for picture frames $300

Answer 1

Answer:

FrameIt’s total manufacturing overhead costs in June is $33,350

Explanation:

Manufacturing overhead costs include all indirect manufacturing cost and exclude all non- manufacturing costs.

Calculation of  Manufacturing overhead costs  are as follows :

Oil for manufacturing equipment                                 $50

Factory supervisor’s salary                                   $20,000

Factory janitor’s salary                                            $5,000

Factory depreciation expense                                $8,000

Glue for picture frames                                               $300

Total manufacturing overhead costs                     $33,350