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The Following Information Was Obtained from MCB Manufacturing,Inc Calculate MCB Manufacturing's Total Product Costs

question 108

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The following information was obtained from MCB Manufacturing,Inc.:  Advertising Costs $9,900 Indirect Labor 53,000 CEO’s Salary 620,000 Direct Labor 40,000 Indirect Materials Used 7,500 Direct Materials Used 65,000 Factory Utilities 760 Factory Janitorial Costs 1,200 Manufacturing Equipment Depreciation 3,100 Delivery Vehicle Depreciation 1,000 Administrative Wages and Salaries 24,000\begin{array} { | l | r | } \hline \text { Advertising Costs } & \$ 9,900 \\\hline \text { Indirect Labor } & 53,000 \\\hline \text { CEO's Salary } & 620,000 \\\hline \text { Direct Labor } & 40,000 \\\hline \text { Indirect Materials Used } & 7,500 \\\hline \text { Direct Materials Used } & 65,000 \\\hline \text { Factory Utilities } & 760 \\\hline \text { Factory Janitorial Costs } & 1,200 \\\hline \text { Manufacturing Equipment Depreciation } & 3,100 \\\hline \text { Delivery Vehicle Depreciation } & 1,000 \\\hline \text { Administrative Wages and Salaries } & 24,000 \\\hline\end{array} Calculate MCB Manufacturing's total product costs.


Definitions:

Divisional Performance

Assessment of the financial and operational effectiveness of a distinct business unit within a larger corporation, often reviewed to make strategic improvements.

Profit Margin Component

An element of profitability that shows the relationship between a company's profits and its sales or revenue.

Return On Investment

A measure of the profitability and efficiency of an investment, calculated as the net profit from the investment divided by the cost of the investment.

Divisional Investment

Refers to the financial capital allocated to a specific division within a company to fund operations, projects, or asset acquisitions.

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