For the month of October, Tran Incorporated had salaries of $15,000 for factory managers, $18,000 for financial managers, and $42,000 for company executives. They also had wages of $98,000 for factory workers and $64,000 for office workers. 

How much of the labor cost would be considered product cost between October 1 and October 31?

Answer rating: 100% (QA)

SOLUTION To determine the portion of labor costs that would be considered product cost we need to id... View the full answer