Acct 525 Fall 2017 Exam 1 (Acct525)
Harvard University
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Exam (elaborations)
Exam (elaborations) Acct 525 Fall 2017 Exam 1 (Acct525)
Exam (elaborations) Acct 525 Fall 2017 Exam 1 (Acct525) 
1. 
A partial listing of costs incurred at Archut Corporation during September 
appears below: 
Direct materials $ 113,0 
00 
Utilities, factory $ 5,000 
Administrative salaries $ 81,00 
0 
Indirect labor $ 25,00 
0 
Sales commissions $ 48,00 
0 
Depreciation of production equipment $ 20,00 
0 
Depreciation of administrative equipment $ 30,00 
0 
Direct labor $ 129,0 
00 
Advertising $ 135,0 
00 
The total of the period costs listed abov...