skip to Main Content

The costs of direct materials are classified as:             Conversion cost   

The costs of direct materials are classified as:             Conversion cost    Manufacturing cost     Prime cost A)    Yes                            Yes                                Yes B)    No                               No                               No C)    Yes                              Yes                              No D)    No                               Yes                              Yes    A B C D  

Read More

A partial listing of costs incurred at Peggs Corporation during September appear

A partial listing of costs incurred at Peggs Corporation during September appears below:   Direct materials …………………………………………………$199,000 Utilities, factory  ………………………………………………...11,0000 Administrative salaries …………………………………………. 83,000 Indirect labor ……………………………………………………. 29,000 Sales commissions ……………………………………………….. 37,000 Depreciation of production equipment……………………………..31,000 Depreciation of administrative equipment…

Read More

A partial listing of costs incurred during February at Urfer Corporation appears

A partial listing of costs incurred during February at Urfer Corporation appears below: Factory supplies …………………………………………………….$9,000 Administrative wages and salaries ……………………….. 106,000 Direct materials ……………………………………………………..142,000 Sales staff salaries ……………………………………………….. 53,000 Factory depreciation ………………………………………….. 28,000 Corporate headquarters building rent …………………30,000 Indirect…

Read More

Tart Corporation reported the following data for the month of September: Invento

Tart Corporation reported the following data for the month of September: Inventories:                                                       Beginning            Ending Raw materials ………………………….. $34,000              $37,000 Work in process ……………………….. 14,000                14,000 Finished goods ………………………….. 58,000               57,000 Additional information Raw material purchases                               …

Read More
Back To Top