Question: Sterlings records show the work in process inventory had a beginning balance of $1,461 and an ending balance of $3,249. How much direct labor was

 Sterlings records show the work in process inventory had a beginning

Sterlings records show the work in process inventory had a beginning balance of $1,461 and an ending balance of $3,249. How much direct labor was incurred if the records also show:

  • Materials used $1,700
  • Overhead applied $1,363
  • Cost of goods manufactured $5,264

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Logo Gear purchased $3,156 worth of merchandise during the month, and its monthly income statement shows cost of goods sold of $2,042. What was the beginning inventory if the ending inventory was $2,677?

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please help thank you so much

Little Things manufactures toys. For each item listed, identify whether it is a product cost, a period cost, or not an expense. 1. internet provider services [Select] 2. material expense [Select] 3. raw materials inventory [Select] 4. production equipment rental [Select] 5. showroom rental [Select] 6. factory employee salary [Select] 7. Human Resource Director salary [ Select] Product cost Period cost Not an expense

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