Details of this Paper

Creative Crates Co.

Description

solution


Question

Creative Crates Co. produces wooden crates used for shipping products by ocean liner. In 2014, Creative incurred the following costs.;Wood used in crate production $56,610;Nails (considered insignificant and a variable expense) $520;Direct labor $42,020;Utilities for the plant;$3,000 each month;plus $0.48 for each kilowatt-hour used each month;Rent expense for the plant for the year $25,120;Assume Creative used an average 800 kilowatt-hours each month over the past year.;(a) What is Creative?s total manufacturing cost if it uses a variable costing approach?;Total manufacturing costs (b) What is Creative?s total manufacturing cost if it uses an absorption costing approach?;Total manufacturing costs

 

Paper#79462 | Written in 18-Jul-2015

Price : $27
SiteLock