The Casual Furniture Company manufactures outdoor furniture, and incurred the following costs during the month of January:
Timber $25 000
Paint $5 000
Glue $500
Wages—assembly personnel $20 000
Wages—factory supervisor $3 500
Factory cleaner's wages $2 000
Sales commissions $10 000
Administrative staff salaries $4 000
Depreciation—factory equipment $3 000
Depreciation—sales office equipment $1 000
Utilities, insurance—factory $6 000
Utilities, insurance—sales office $2 000
Advertising $8 000
Total costs $90 000
The product costs are:
