You are given the following T accounts for the following Accounts for R & R at...
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You are given the following T accounts for the following Accounts for R & R at the end of October 31, 2020. Work in Process Inventory Dr. BB 26,252 DM 297,500 DL 95,744 MOH 239,734 EB 159,750 Cr. 499,660 COGM Key for the abbreviations BB= beginning balance DM-direct materials DL= direct labor MOH= manufacturing overhead COGM-cost of goods manufactured EB-ending balance Finished Goods Inventory Dr. Cr. 120,800 172,000 499,600 448,460 1. What are the Total Prime Costs for October? BB COGM EB Answer the following questions-once again be sure to show all your work and clearly label yo work. 2. What are the Total Conversion Costs for October? 3. What are the Total Manufacturing Costs for October? You are given the following T accounts for the following Accounts for R & R at the end of October 31, 2020. Work in Process Inventory Dr. BB 26,252 DM 297,500 DL 95,744 MOH 239,734 EB 159,750 Cr. 499,660 COGM Key for the abbreviations BB= beginning balance DM-direct materials DL= direct labor MOH= manufacturing overhead COGM-cost of goods manufactured EB-ending balance Finished Goods Inventory Dr. Cr. 120,800 172,000 499,600 448,460 1. What are the Total Prime Costs for October? BB COGM EB Answer the following questions-once again be sure to show all your work and clearly label yo work. 2. What are the Total Conversion Costs for October? 3. What are the Total Manufacturing Costs for October?
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1To calculate Total Prime Costs for October we need to add up the cost of direct materials and direc... View the full answer
Related Book For
Accounting Principles
ISBN: 978-1119048503
7th Canadian Edition Volume 1
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak
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