Question: Inventories Beginning Ending Direct materials $18,000 $15,000 Work in process 9,000 6,000 Finished goods 27,000 36,000 Additional information for April: Direct materials purchased $42,000 Direct
|
| Inventories | Beginning | Ending |
|
| Direct materials | $18,000 | $15,000 |
|
| Work in process | 9,000 | 6,000 |
|
| Finished goods | 27,000 | 36,000 |
Additional information for April:
Direct materials purchased $42,000
Direct labour cost incurred $30,000
Direct labour rate per hour $ 7.50
Overhead rate per direct labour hour $10.00
Find the prime cost
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