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book Cornerstones of Cost Accounting 1st Edition by Don Hansen,Maryanne Mowen cover

Cornerstones of Cost Accounting 1st Edition by Don Hansen,Maryanne Mowen

النسخة 1الرقم المعياري الدولي: 978-0538736787
book Cornerstones of Cost Accounting 1st Edition by Don Hansen,Maryanne Mowen cover

Cornerstones of Cost Accounting 1st Edition by Don Hansen,Maryanne Mowen

النسخة 1الرقم المعياري الدولي: 978-0538736787
تمرين 20
DIRECT MATERIALS COST, PRIME COST, CONVERSION COST, COST OF GOODS MANUFACTURED
DeSoto Company provided the following information for the last calendar year:
DIRECT MATERIALS COST, PRIME COST, CONVERSION COST, COST OF GOODS MANUFACTURED  DeSoto Company provided the following information for the last calendar year:     During the year, direct materials purchases amounted to $125,000, direct labor cost was $320,000, and overhead cost was $490,000. During the year, 50,000 units were completed. Required:  1. Calculate the total cost of direct materials used in production. 2. Calculate the cost of goods manufactured. Calculate the unit manufacturing cost. 3. Of the unit manufacturing cost calculated in Requirement 2, $3.20 is direct materials and $9.80 is overhead. What is the prime cost per unit? Conversion cost per unit
During the year, direct materials purchases amounted to $125,000, direct labor cost was $320,000, and overhead cost was $490,000. During the year, 50,000 units were completed.
Required:
1. Calculate the total cost of direct materials used in production.
2. Calculate the cost of goods manufactured. Calculate the unit manufacturing cost.
3. Of the unit manufacturing cost calculated in Requirement 2, $3.20 is direct materials and $9.80 is overhead. What is the prime cost per unit? Conversion cost per unit
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Cornerstones of Cost Accounting 1st Edition by Don Hansen,Maryanne Mowen
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