Find the amount of prime cost

Assignment Help Cost Accounting

Reference no: EM132667098

The following information pertains to Ashley Company's manufacturing operations:

Decrease in raw materials P6, 000

Direct labor payroll P60, 000

Decrease in work in process P8, 000

Direct labor rate / hour P7.50

Increase in finished goods P18, 000

Factory overhead rate per hour P10

Purchases P84, 000

Problem 1: The amount of prime cost

Problem 2: The amount of conversion cost.

Reference no: EM132667098

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