McIntyre Industries Work in Process Inventory account had a $68,000 beginning balance on May 1 ($40,000 of
Question:
Direct materials used............................................................................. $106,000
Direct labour......................................................................................... 18,000
Manufacturing overhead allocated to the department........................... 154,000
Summarize the department’s “Total costs to account for.” Prepare a schedule that summarizes the department’s total costs to account for by direct materials and conversion costs.
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Related Book For
Managerial Accounting
ISBN: 978-0176223311
1st Canadian Edition
Authors: Karen Wilken Braun, Wendy Tietz, Walter Harrison, Rhonda Pyp
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