Perry Company manufactures wood file cabinets. The following information is available for June of the current year.
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Question:
Perry Company manufactures wood file cabinets. The following information is available for June of the current year.
Beginning Ending
Raw Material Inventory $ 6,000 $ 7,500
Work in Process Inventory 17,300 11,700
Finished Goods Inventory 21,000 16,300rn
The direct labor rate is $9.60 per hour and overhead for the month was $9,600.
Refer to Perry Company. Compute total manufacturing costs for June, if there were 1,500 direct labor hours and $21,000 of raw material was purchased.
a. $58,500 17300+(6000+21000-7500)+9600+1500
b. $46,500
c. $43,500
d. $43,100n
Related Book For
Financial Accounting Tools for business decision making
ISBN: 978-0470534779
6th Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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