Question: Calculate the following showing below items required for your homework based upon the information. Direct labor hours used ...............................................................................................750 Direct labor hour rate per hour
Calculate the following showing below items required for your homework based upon the information.
Direct labor hours used ...............................................................................................750
Direct labor hour rate per hour .................................................................................$6.00
Direct materials purchased ....................................................................................$14,000
Direct materials beginning inventory .......................................................................$7,500
Manufacturing overhead .........................................................................................$1,200
Work in process beginning inventory .....................................................................$2,200
Cost of goods manufactured ................................................................................$17,000
Finished goods ending inventory ............................................................................$3,500
Balance for only job not completed at end of accounting period ............................$5,400
Sales revenue 60 percent markup on cost) ............................................................$28,800
Required:
a) Cost o goods sold.
b) Beginning finished goods inventory.
c) Direct materials used.
d) Ending direct materials inventory.
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68-B-M-A-P-C (1181).xlsx
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