Question - Arkham Company is a manufacturing company making furniture. It incurred the following costs in the current month:
Sales commissions $1,200
Factory utilities 9,800
Cost of wood for furniture 72,000
Salary of CEO (chief executive officer) 180,000
Advertising costs 45,000
Cost of nails for furniture 6,200
Depreciation on office equipment 14,000
Rent of factory building 22,000
Wages of assembly line workers 230,000
Salary of plant manager 56,000
Compute the following:
Arkham's total factory overhead costs:
Arkham's total period costs:
Arkham's total prime costs: