Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

ABC Inc provides the following on decembre 31st 2018: Sales (22000) 1320000$ Stock of raw materials, start. 76000$ Stock of raw materials, end ( to

image text in transcribed
ABC Inc provides the following on decembre 31st 2018:
Sales (22000) 1320000$
Stock of raw materials, start. 76000$
Stock of raw materials, end ( to be determined)
Purchase of raw materials. 232000$
Direct labour ( to be determined )
Primary costs total. 512000
Conversion costs total. 540000
Commissions ( 10% of sales )
Current product stock, start. 88000
Current product stock, end. 130000
Equipment amortization. 170000
Stock finished product, start. (6000 unites) 180000
Stock of finished product, end ( tbd )
Rent for factory. 30000
Property tax:
Factory 50000
Administration. 80000
Office salary. 242000
Prepare the manufacturing cost statement on the 31 decembre 2018. Show the production in unites and fabrication cost by unites.
ABC Inc, vous fournit les Renseignements suivants au 31 dcembre 2018: ON DEMANDE: 1. Prparez l' tat du cot de fabrication au 31 dcembre 2018. Montrez la production en units et le cot de fabrication par unit

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored 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

Recommended Textbook for

The Brain Audit Why Customers Buy And Why They Dont

Authors: Sean D'Souza, John Forde

1st Edition

0473175045, 978-0473175047

More Books

Students also viewed these Accounting questions