Santana Rey, owner of Business Solutions, diversifies her business by also manufacturing computer workstation furniture. Required 1.
Question:
Santana Rey, owner of Business Solutions, diversifies her business by also manufacturing computer workstation furniture.
Required
1. Classify the following manufacturing costs of Business Solutions as either direct (D) or indirect (I).
2. Prepare a schedule of cost of goods manufactured for Business Solutions for the month ended January 31, 2022. Assume the following manufacturing costs.
3. Refer to the data in part 2 and prepare the cost of goods sold section of a partial income statement for Business Solutions for the month ended January 31, 2022.
Manufacturing Costs Direct or Indirect 1. Monthly fee to clean workshop... 2. Laminate coverings for desktops.. 3. Taxes on assembly workshop.... 4. Glue to assemble workstation components 5. Wages of desk assembler... 6. Electricity for workshop... 7. Depreciation on manufacturing tools.....
Step by Step Answer:
Direct costs are those costs wh...View the full answer
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