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A Clothing Factory purchased on March 3rd a batch of fabrics to be used in the manufacturing of women's pants. The stock of fabrics at
A Clothing Factory purchased on March 3rd a batch of fabrics to be used in the manufacturing of women's pants. The stock of fabrics at the beginning of the month was zero. The stock of finished pants at the beginning of the month was also zero. The total cost of the raw material (fabric) was $ 1500,00. In production, 70% of the fabric is used and the rest is discarded as scrap. 40 pants were produced with this batch of fabric. The stock of fabrics at the end of the month was zero. Direct Labor Total Cost was $ 2.000 in the month Indirect Total Costs was $ 2.500 in the month. IMPORTANT: An incident happened in finished products stock and 5 pants were damaged and also discarded. By the end of the month, the pants in stock were sold for a unit price of $ 220. The total cost of the sold products were: | a) $ 5.550,00 b) $ 4.856,25 c) $ 5.250,00 d) $ 6.000,00
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