Answered step by step
Verified Expert Solution
Link Copied!

Question

00
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

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions