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babunello [35]
4 years ago
6

The following information was obtained from MCB​ Manufacturing, Inc.:Advertising Costs $9,900Indirect Labor 53,000CEO's Salary 6

20,000Direct Labor 40,000Indirect Materials Used 7,500Direct Materials Used 65,000Factory Utilities 760Factory Janitorial Costs 1,200Manufacturing Equipment Depreciation 3,100Delivery Vehicle Depreciation 1,000Administrative Wages and Salaries 24,000Calculate MCB Manufacturing's total product costs.
Business
1 answer:
Eddi Din [679]4 years ago
8 0

Answer:

The MCB Manufacturing's total product costs is $170,560

Explanation:

The computation of the total product cost is shown below:

Total product cost = Indirect Labor + Direct Labor + Indirect Materials Used + Direct Materials Used  + Factory Utilities + Factory Janitorial Costs + Manufacturing Equipment Depreciation

= $53,000 + $40,000 + $7,500 + $65,000 + $760 + $1,200 + $3,100

= $170,560

Thus, the product cost is that cost which includes all types of direct and the indirect costs which are used to ready the product.

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