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Compute the following prime cost

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Reference no: EM13512925

Some selected sales and cost data for job order 515 are given below.

Direct materials used

$100,000

Direct labor

150,000

Factory overhead

(all indirect, 40% variable)

75,000

Selling and administrative expenses

(50% direct, 60% variable)

120,000

Compute the following: (a)prime cost, (b)conversion cost, (c) direct cost, (d)indirect cost, (e) product cost, (f)period expense, (g) variable cost, and (h)fixed cost.

 

Reference no: EM13512925

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