Knight Company reports the following costs and expenses in May. Factory utilities $16,000 Direct labor $72,700 Depreciation on factory equipment 14,250 Sales salaries 50,000 Depreciation on delivery trucks 4,900 Property taxes on factory building 2,600 Indirect factory labor 53,500 Repairs to office equipment 1,800 Indirect materials 85,000 Factory repairs 2,970 Direct materials used 141,700 Advertising 15,600 Factory manager’s salary 8,100 Office supplies used 3,523

From the information, determine the total amount of:

(a) Manufacturing overhead $Knight Company reports the following costs and exp
(b) Product costs $Knight Company reports the following costs and exp
(c) Period costs

(a) Manufacturing overheard                                    $182,420

(b) Product cost                                                          $396,820

(c) Period cost                                                             $75,823

Explanation:

a) Manufacturing overheard consist of indirect expenses, indirect labor cost and indirect material cost incurred in the production of a particular good:                                                        

                                                                                      $

Factory Utilities                                                           16,000

Depreciation on factory equipment                          14,250

Property taxed on factory building                            2,600

Indirect factory labor                                                  53,500

Indirect materials                                                        85,000

Factory Repairs                                                           2,970

Factory manager`s salary                                            8,100

                                                                                  182,420

Product cost consists of direct material cost, direct labor cost and manufacturing overheard:                                                $

Direct material cost                                                       141,700

Direct labor cost                                                             72,700

Manufacturing overheard                                             182,420

                                                                                      396,820

Period cost consists of cost not relating to the production of a particular goods, but incurred in a particular period irrespective of production of good                                                                                      

                                                                                           $                    

Sales salaries                                                                  50,000

Depreciation on delivery trucks                                     4,900

Repairs to office equipment                                           1,800

Advertising                                                                      15,600

Office supplies used                                                       3,523

                                                                                        75,823

ans.

heterothermic organisms include those organisms that can switch between homeothermic (having body temperature higher than environment) and poikilothermic (having variation in internal body temperature) strategies.

some migratory birds show heterothermy as they decrease their metabolic rate during cold nights to keep their body temperature low. drop in metabolic rate allows increase in production efficiency of birds that reduces the internal body temperature to make it equal to external cold temperature during cold nights.

thus, the correct answer is 'birds allow their temperature drop in order to increase their production efficiency.'