Question
3) In June Paul Cablesource sold 3 million cables. Manufacturing overhead was $1,560,000 and the cost per cable was .77. Labor cost was 34 percent
3) In June Paul Cablesource sold 3 million cables. Manufacturing overhead was $1,560,000 and the cost per cable was .77. Labor cost was 34 percent of material cost.
What is the material cost and labor cost for June?
What is the total cost for june? 4) Paul Cablesource starts business Jan 1. The following data are available for January for the one cable they produce: Beg Inv 0 Started in Jan 1200000 End Wip (20% comp) 300000 Cost incurred Jan Materials 779000 Labor 143500 Mfg OH 888000 a. Compute Cost of Goods Sold for Jan. b. What is the value of Wip on Jan 31st.
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Managerial Accounting Tools for business decision making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
5th edition
470506954, 471345881, 978-0470506950, 9780471345886, 978-0470477144
