The following data pertains to Lam Co.'s manufacturing operations: For the month of April, prime cost incurred
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The following data pertains to Lam Co.'s manufacturing operations: For the month of April, prime cost incurred was: | |||||||||
1-Apr | 30-Apr | ||||||||
Direct materials | $19,500 | $16,200 | |||||||
Work in process | $9,600 | $6,450 | |||||||
Finished goods | $29,100 | $39,000 | |||||||
Additional information for the month of April: | |||||||||
Direct materials purchased | $34,400 | ||||||||
Direct labor | $33,000 | ||||||||
Direct labor rate per hour | $10.20 | ||||||||
Factory overhead incurred | $43,600 | ||||||||
Overhead is applied at $12.40 per direct labor hour. | |||||||||
For the month of April, the prime cost incurred was? |
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