The Huffer Manufacturing Company manufactures rubber rafts. For the month of January, it incurred the following costs:
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The Huffer Manufacturing Company manufactures rubber rafts. For the month of January, it incurred the following costs: klo8
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Materials. Labor.... Factory overhead $10,000 (80% for direct materials) 5,000 (70% for direct labor) 5,000 (for heat, light, and power) In addition to the costs of production, the company incurred selling expenses of $7,500 and general administrative expenses of $8,500. Required: Compute the cost of goods manufactured and the total operating costs.
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Related Book For
Cost Accounting Concepts And Applications For Managerial Decision Making
ISBN: 9780070103108
2nd Edition
Authors: Ralph S. Polimeni, James A. Cashin, Frank J. Fabozzi, Arthur H. Adelberg
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