flow of inventoriable costs

Project Description:

renka's heaters selected data for october 2011 are presented here in millions:

direct materials inventory 10/1/2011 $105
direct materials purchased 365
direct material used 385
total manufacturing overhead costs 450
variable manufacturing overhead costs 265
total manufacturing costs incurred 10/2011 1,610
work in process inventory 10/1/2011 230
cost of goods manufactured 1,660
finished goods inventory 10/1/2011 130
cost of goods sold 1,770
calculate the following costs:
1. direct materials inventory 10/31/2011
2. fixed manufacturing overhead costs for october 2011
3. direct manufacturing labor costs for october 201
4. work in process inventory 10/31/2011
5. cost of finished goods availale for sale on october 2011
6. finished goods inventory 10/31/2011
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Project Stats:

Price Type: Negotiable

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