Solution-Compute total manufacturing costs for june

Compute total manufacturing costs for june

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Reference no: EM133149599

Question - ABC Co. manufactures wood file cabinets. The following information is available for June 2022:

	Beginning	Ending
Raw Material Inventory	6,000	7,500
Work in Process Inventory	17,300	11,700
Finished Goods Inventory	21,000	16,300

1. Direct labor is 9.60 per hour and overhead for the month was 9,600. Compute total manufacturing costs for June, if there were 1,500 direct labor hours and 21,000 of raw material was purchased.

a. 43,500

b. 46,500

c. 58,500

d. 43,100

2. Using the information above, what are the prime cost and conversion cost?

a. 33,900 and 24,000

b. 33,900 and 29,100

c. 29,100 and 33,900

d. 29,100 and 24,000

3. Using the information above, compute the cost of goods manufactured.

a. 49,100

b. 45,000

c. 51,000

d. 49,500

4. Using the information above, compute the cost of goods sold.

a. 53,800

b. 64,500

c. 59,800

d. 38,800

Reference no: EM133149599

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Compute total manufacturing costs for june

Reference no: EM133149599

Reference no: EM133149599

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