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1. The following costs were incurred in February: Direct materials $50,000 Direct labor $28,000 Manufacturing overhead $14,000 Selling expenses $13,000 Administrative expenses $29,000 Prime costs
1. The following costs were incurred in February: Direct materials $50,000 Direct labor $28,000 Manufacturing overhead $14,000 Selling expenses $13,000 Administrative expenses $29,000 Prime costs during the month totaled??? 2. Haag Inc. is a merchandising company. Last month the company's cost of goods sold was $86,000. The company's beginning merchandise inventory was $40,000 and its ending merchandise inventory was $31,000. What was the total amount of the company's merchandise purchases for the month? 3. The following costs were incurred in March: Direct materials $21,000 Direct labor $27,000 Manufacturing overhead $57,000 Selling expenses $16,000 Administrative expenses $15,000 Conversion costs during the month totaled
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