Following information regarding Arp Co.'s manufacturing operations: inventories 3/1/89 31/03/89 Direct materials $36,000 $30,000 Work in progress
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Following information regarding Arp Co.'s manufacturing operations:
inventories | 3/1/89 | 31/03/89 |
Direct materials | $36,000 | $30,000 |
Work in progress | 18,000 | 12,000 |
Finished products | 54,000 | 72,000 |
Additional information for the month of March 1989:
purchased direct materials | $84,000 |
Direct labor payroll | 60,000 |
Direct labor rate per hour | 7.50 |
Factory overhead rate per direct labor hour | 10.00 |
For the month of March 1989, CALCULATE the conversion cost .
Related Book For
Managerial Accounting A Focus on Ethical Decision Making
ISBN: 978-0324663853
5th edition
Authors: Steve Jackson, Roby Sawyers, Greg Jenkins
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