Ruswell Manufacturing Ltd. applied manufacturing overhead to inventory at December 31, 2020, on the basis of $3.47
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Ruswell Manufacturing Ltd. applied manufacturing overhead to inventory at December 31, 2020, on the basis of $3.47 per direct labour hour. Explain how you would evaluate the reasonableness of total direct labour hours and manufacturing overhead in the ending inventory of finished goods.
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Solution The applicable cost flow assumption used in valuation of the in...View the full answer
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Labindao Antoque
I graduated in 2018 with a Bachelor of Science degree in Psychology from Dalubhasaan ng Lungsod ng San Pablo. I tutored students in classes and out of classes. I use a variety of strategies to tutor students that include: lecture, discussions about the subject matter, problem solving examples using the principles of the subject matter being discussed in class , homework assignments that are directed towards reinforcing what we learn in class , and detailed practice problems help students to master a concept. I also do thorough research on Internet resources or textbooks so that I know what students need to learn in order to master what is being taught in class .
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