Boston Enterprises produces LCD touch screen products The company reports the following information at December 31, 2008 Boston began operations on January 30, 2008 1 What is the cost of direct materials used The cost of indirect materials used 2 What is the cost of direct labor The cost of indirec...

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Boston Enterprises produces LCD touch screen products. The company reports the following information at December 31, 2008.

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Boston Enterprises produces LCD touch screen products. The company reports the following information at December 31, 2008. Boston began operations on January 30, 2008.

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1. What is the cost of direct materials used? The cost of indirect materials used?

2. What is the cost of direct labor? The cost of indirect labor?

3. What is the cost of goods manufactured?

4. What is cost of goods sold (before adjusting for any under- or overallocated manufacturing overhead)?

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Accounting

ISBN: 9780132439602

7th Edition

Authors: Charles T. Horngren, Walter T. Harrison

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Boston Enterprises produces LCD touch screen products. The company reports the following information at December 31, 2008.

Question:

Finished Goods Inventory Manufacturing Wages Manufacturing Overhead 125,000 125,000 110,000 72,000 72,000 3,000 54,000 12,000 37,000 Materials Inventory 52,000 33,000 Work in Process Inventory 30,000 60,000 54,000

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Accounting

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