Answered step by step
Verified Expert Solution
Question
1 Approved Answer
1. Assume the following information pertaining to Star Company: Prime costs $ 198,500 Conversion costs 228,000 Direct materials used 87,450 Beginning work in process 101,150
1. Assume the following information pertaining to Star Company:
Prime costs | $ 198,500 |
---|---|
Conversion costs | 228,000 |
Direct materials used | 87,450 |
Beginning work in process | 101,150 |
Ending work in process | 82,400 |
Direct labor used is calculated to be:
2. Factory overhead costs for a given period were 2 times as much as the direct material costs. Prime costs totaled $8,450. Conversion costs totaled $11,950. What are the direct labor costs for the period?
3. Direct materials and direct labor costs total $90,000 and factory overhead costs total $165 per machine hour. If 280 machine hours were used for Job #333, what is the total manufacturing cost for Job #333?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started