1. Given the following selected information, what would the total manufacturing cost incurred for the year be?

Data: 

Selling Expense $ 500

Sales Revenue 2,000

Direct Materials used 900

Manufacturing Overhead 300

Direct Labor 700

Ending Finished Goods 3,000

2. Bosco company made the following date available:
                                                        Whole units        % Conversion Added this Month
Beginning WIP Inventory                    500                                   40%
Units Started and Completed           1,000                               100%
Ending WIP Inventory                          200                                    50%

What is the Equivalent Units of Production for Conversion?

Answer rating: 100% (QA)

1 To calculate the total manufacturing cost incurred for the year we need to add up the direct mater... View the full answer