The following information is for S&P Enterprises for the month of September
Discipline: Accounting
Type of Paper: Question-Answer
Academic Level: Undergrad. (yrs 3-4)
Paper Format: APA
Pages: 1
Words: 275
Question
The following
information is for S&P Enterprises for the month of September:
Direct materials $82,000 Direct labor $51,000 Variable manufacturing
overhead $32,000 Fixed manufacturing overhead $30,000 Variable selling
expense $16,000 Fixed selling expense $15,000 Variable administrative
expense $9,000 Fixed administrative expense $18,000 (Enter your answer
as a Total fixed cost for the month of September was $ whole number)
The following information is for S&P Enterprises for the month of
July: Direct materials $76,000 Direct labor $40,000 Variable
manufacturing overhead $25,000 Fixed manufacturing overhead $30,000
Variable selling expense $12,000 Fixed selling expense $15,000 Variable
administrative expense $6,000 Fixed administrative expense $18,000 Total
conversion cost for the month of July was:
Expert Answer
Solution 1:
Total fixed costs for the month of September = Fixed manufacturing overhead + Fixed selling expense + Fixed administrative expense
Total fixed costs for the month of September = Fixed manufacturing overhead + Fixed selling expense + Fixed administrative expense
Step 2/2
Final answer
Solution 1:
Total fixed costs for the month of September = $63,000
Solution 2:
Total conversion cost for the month of July = $95,000