Question

Touch Enterprises produces LCD touch screen products. The company reports the following information at December 31. Touch Enterprises began operations 11 months before on
Requirements
1. What is the cost of direct materials used?
2. What is the cost of indirect materials used?
3. What is the cost of direct labour?
4. What is the cost of indirect labour?
5. What is the cost of goods manufactured?
6. What is the cost of goods sold (before adjusting for any under- or overallocated manufacturing overhead)?
7. What is the actual manufacturing overhead?
8. How much manufacturing overhead was allocated to jobs?
9. What is the predetermined manufacturing overhead rate as a percentage of direct labour cost?
10. Is manufacturing overhead underallocated or overallocated? By how much?


$1.99
Sales0
Views70
Comments0
  • CreatedApril 30, 2015
  • Files Included
Post your question
5000