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Tanzania [10]
2 years ago
5

Wooden Shed Company manufactures custom wooden sheds. Some of its costs from the past year​ include:

Business
1 answer:
Ivanshal [37]2 years ago
5 0

Answer:

$373,200

Explanation:

Product cost is derived through the compilation and addition of the cost of direct labor , direct materials and factory overhead involved in the production of an item

Direct cost

Lumber - 80,600

Assembly line - 100,100

Roof - 15,500

Freight raw materials - 3,700

Total - 199900

Factory overhead

Maintenance workers - 60300

Insurance for factory - 21,100

Utilities in factory - 12,300

Factory Supervisor - 60,900

Depreciation of factory machine - 18,000

Lubricant in factory equipment - 700

Total -173,300

Total product cost - 373200

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You manage a hedge fund with $400 million in assets. Your fee structure provides for a 1% annual management fee with a 20% incen
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