Based on the following data which are incurred for a given period for ABC Co. manufacturing company,
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Question:
Based on the following data which are incurred for a given period for ABC Co. manufacturing company, calculate;
a. The prime cost
b. Conversion cost
c. The total manufacturing cost
Data
Direct material cost…….. 45,000
Direct Labor cost ………. 30,000
Wages of workers. ……. 35,000
Minor repair parts. …….. 20,000
Electricity ……………….. 10,000
Administrative Expenses .......... 25,000
Indirect labor cost………….. 22,000
Fuel…………………………...5,000
Indirect materials cost ………. 4,000
Related Book For
Cost management a strategic approach
ISBN: 978-0073526942
5th edition
Authors: Edward J. Blocher, David E. Stout, Gary Cokins
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