Question: cost accounting question please solve showing the solution Given the following items for Year 2011: S For Specific Date For Year 2011 Work-in-process inventory, Jan.
Given the following items for Year 2011: S For Specific Date For Year 2011 Work-in-process inventory, Jan. 1, 2011 $18 Plant utilities Direct materials inventory, Dec. 31, 2011 8 Indirect manufacturing labor Finished goods inventory, Dec. 31, 2011 11 Depreciation--plant and equipment Work-in-process inventory, Dec. 31, 2011 3 Revenues Finished goods inventory, Jan 1, 2011 47 Miscellaneous manufacturing overhead Direct materials inventory, Jan. 1, 2011 32 Marketing, distribution, and customer service costs Direct materials purchased Direct manufacturing labor Plant supplies used Property taxes on plant Calculate (a) total inventoriable costs and (b) period costs for year 2011. Given the following items for Year 2011: S For Specific Date For Year 2011 Work-in-process inventory, Jan. 1, 2011 $18 Plant utilities Direct materials inventory, Dec. 31, 2011 8 Indirect manufacturing labor Finished goods inventory, Dec. 31, 2011 11 Depreciation--plant and equipment Work-in-process inventory, Dec. 31, 2011 3 Revenues Finished goods inventory, Jan 1, 2011 47 Miscellaneous manufacturing overhead Direct materials inventory, Jan. 1, 2011 32 Marketing, distribution, and customer service costs Direct materials purchased Direct manufacturing labor Plant supplies used Property taxes on plant Calculate (a) total inventoriable costs and (b) period costs for year 2011
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
