Compute the total prime costs for the month of May. b. Compute the total conversion costs...

 

Transcribed Image Text:

Compute the total prime costs for the month of May. b. Compute the total conversion costs for the month of May c. Compute the total manufacturing costs for the month of May d. Compute the cost of goods manufactured for the month of May. e. Compute the cost of goods sold for the month of May. a. b. C. d. e. Total prime costs Total conversion costs Total manufacturing costs Cost of goods manufactured Cost of goods sold Direct materials inventory, May 1 Direct materials inventory, May 31 Work-in-process inventory, May 1 Work-in-process inventory, May 31 Finished goods inventory, May 1 Finished goods inventory, May 31 Direct materials purchased during May Direct labor costs, May Manufacturing overhead, May $ 17,500 14,700 9,100 5,900 54,300 72,800 84,900 60,200 80,500 Compute the total prime costs for the month of May. b. Compute the total conversion costs for the month of May c. Compute the total manufacturing costs for the month of May d. Compute the cost of goods manufactured for the month of May. e. Compute the cost of goods sold for the month of May. a. b. C. d. e. Total prime costs Total conversion costs Total manufacturing costs Cost of goods manufactured Cost of goods sold Direct materials inventory, May 1 Direct materials inventory, May 31 Work-in-process inventory, May 1 Work-in-process inventory, May 31 Finished goods inventory, May 1 Finished goods inventory, May 31 Direct materials purchased during May Direct labor costs, May Manufacturing overhead, May $ 17,500 14,700 9,100 5,900 54,300 72,800 84,900 60,200 80,500

Answer rating: 100% (QA)

a Total prime costs Total prime costs Direct materials costs Direct labor costs Total prime costs 84... View the full answer