Assuming that the direct materials used 1,100,000, compute the total manufacturing cost using the following information. Raw
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Assuming that the direct materials used 1,100,000, compute the total manufacturing cost using the following information.
Raw Materials inventory January 1 $20,000
Raw Materials inventory December 31 $40,000
WIP January 1 $22,000
WIP December 31 $28,000
Finished Goods Jan 1 $42,000
Finished Goods Dec 31 $30,000
Raw Materials Purchased $1,200,000
direct labor $560,000
Factory utilities $160,000
indirect labor $90,000
Factory depreciation $ 400,000
Operating Expense $420,000
Related Book For
Cost Accounting A Managerial Emphasis
ISBN: 978-0133392883
6th Canadian edition
Authors: Horngren, Srikant Datar, George Foster, Madhav Rajan, Christ
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