Muscat company has provided the following data for the month in January. Direct labor $900 Raw materials, Beginning $1,500 Raw materials, Purchase $800 Raw materials, Ending $900 WIP, Beginning WIP, Ending $1,000 $2,800 $7,000 Applied MOH Actual MOH $6,500 The cost of goods manufactured for January was a. $9,350 b. $13,100 c. $7,000 d. $7,500
Muscat company has provided the following data for the month in January. Direct labor $900 Raw materials, Beginning $1,500 Raw materials, Purchase $800 Raw materials, Ending $900 WIP, Beginning WIP, Ending $1,000 $2,800 $7,000 Applied MOH Actual MOH $6,500 The cost of goods manufactured for January was a. $9,350 b. $13,100 c. $7,000 d. $7,500
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter2: Basic Cost Management Concepts
Section: Chapter Questions
Problem 23E: Orinder Company provided the following information for the last calendar year: During the year,...
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