13) Study the following data Direct material used $120,000 Beginning work in progress $20,000 Ending work in progress $10,000 Direct labor $100,000 Beginning finished goods $25,000 Ending finished goods $15,000 Manufacturing overhead $150,000 Selling expenses $50,000 What is the amount of prime costs? a) $220,000 b) $395,000 c)$360,000 d) $370,000
13) Study the following data Direct material used $120,000 Beginning work in progress $20,000 Ending work in progress $10,000 Direct labor $100,000 Beginning finished goods $25,000 Ending finished goods $15,000 Manufacturing overhead $150,000 Selling expenses $50,000 What is the amount of prime costs? a) $220,000 b) $395,000 c)$360,000 d) $370,000
Chapter6: Activity-based, Variable, And Absorption Costing
Section: Chapter Questions
Problem 1EA: Steeler Towel Company estimates its overhead to be $250,000. It expects to have 100,000 direct labor...
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