Missing data. $haheen Plastics, Inc.s selected data for the month of August 2007 are pre sented below
Question:
Missing data. $haheen Plastics, Inc.’s selected data for the month of August 2007 are pre¬
sented below (in millions):
Work-in-process inventory 8/1/2007 $240 Direct materials inventory 8/1/2007 108 Direct materials purchased 432 Direct materials used 450 Variable manufacturing overhead 300 Total manufacturing overhead 576 Total manufacturing costs 1,920 Cost of goods manufactured 1,980 Cost of goods sold 2,040 Finished goods inventory 8/1/2007 150 Required Calculate the following costs:
1. Direct materials inventory 8/31/2007 2. Fixed manufacturing overhead costs for August 3. Direct manufacturing labour costs for August 4. Work-in-process inventory 8/31/2007 5. Goods available for sale in August 6. Finished goods inventory 8/31/2007 COLLABORATIVE LEARNING PROBLEMS
Step by Step Answer:
Cost Accounting A Managerial Emphasis
ISBN: 9780131971905
4th Canadian Edition
Authors: Charles T. Horngren, George Foster, Srikant M. Datar, Howard D. Teall