Direct materials:                Beginning inventory                                                   $25,000                Purchases                                                                  77,000                Ending inventory                                                        13,000             Direct manufacturing labor                                             20,000             Manufacturing overhead                                                15,000             Ending work-in-process inventory                                   5,000             Beginning work-in-process inventory                               1,000             Ending finished good inventory                                       20,000             Beginning finished goods inventory                                 30,000 What is the cost of direct materials used? What is the cost of goods manufactured during What is the  conversion costs What is cost of goods sold during 2000

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter5: Process Costing
Section: Chapter Questions
Problem 1PB: The following product costs are available for Stellis Company on the production of erasers: direct...
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 Direct materials:

               Beginning inventory                                                   $25,000

               Purchases                                                                  77,000

               Ending inventory                                                        13,000

            Direct manufacturing labor                                             20,000

            Manufacturing overhead                                                15,000

            Ending work-in-process inventory                                   5,000

            Beginning work-in-process inventory                               1,000

            Ending finished good inventory                                       20,000

            Beginning finished goods inventory                                 30,000

What is the cost of direct materials used?

What is the cost of goods manufactured during

What is the  conversion costs

What is cost of goods sold during 2000

 

 

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