Question
1. Given the following selected information, what would the total manufacturing cost incurred for the year be? Data: Selling Expense $ 500 Sales Revenue 2,000
1. Given the following selected information, what would the total manufacturing cost incurred for the year be?
Data:
Selling Expense $ 500
Sales Revenue 2,000
Direct Materials used 900
Manufacturing Overhead 300
Direct Labor 700
Ending Finished Goods 3,000
2. Bosco company made the following date available:
Whole units % Conversion Added this Month
Beginning WIP Inventory 500 40%
Units Started and Completed 1,000 100%
Ending WIP Inventory 200 50%
What is the Equivalent Units of Production for Conversion?
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Horngrens Financial and Managerial Accounting
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
5th edition
9780133851281, 013385129x, 9780134077321, 133866297, 133851281, 9780133851298, 134077326, 978-0133866292
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