From the following information for the Bentwater Company,compute prime costs and conversion costs for the current period.
inventories Begining Ending

Raw material $9,900 $7,600

Work in process 44,500 37,800
Finished goods 36,580 61,300
Raw material purchased during the period cost $40,800;overhead incurred and paid or accrued for the period was $21,750;and 23,600 direct labor hours were incurred at a rate of $13.75 per hour.

Question

From the following information for the Bentwater Company,compute prime costs and conversion costs for the current period.

inventories	Begining	Ending
Raw material	$9,900	$7,600
Work in process	44,500	37,800
Finished goods	36,580	61,300

Raw material purchased during the period cost $40,800;overhead incurred and paid or accrued for the period was $21,750;and 23,600 direct labor hours were incurred at a rate of $13.75 per hour.

Quizplus · Accepted Answer

The Answer of From the following information for the Bentwater Company,compute prime costs and conversion costs for the current period.

inventories	Begining	Ending
Raw material	$9,900	$7,600
Work in process	44,500	37,800
Finished goods	36,580	61,300

Raw material purchased during the period cost $40,800;overhead incurred and paid or accrued for the period was $21,750;and 23,600 direct labor hours were incurred at a rate of $13.75 per hour.

From the Following Information for the Bentwater Company,compute Prime Costs