Jordan Company produces women's clothing. During 2010, the company incurred the following costs: Factory rent ................$425,000 Direct
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Jordan Company produces women's clothing. During 2010, the company incurred the following costs:
Factory rent ................$425,000
Direct Labor ................ 325,000
Utilities – Factory .............. 35,000
Purchases of direct materials ......... 625,000
Indirect Material ............. 70,000
Indirect Labor .............. 80,000
Inventories for the year were as follows:
Jan 1 Dec31
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Transcribed Image Text:
Direct materials Work in process Finished Goods $30,000 60,000 115,000 S50,000 25,000 95,000
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