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ACC-311-R4833 Cost Accounting 22EW4 Abby Olse = Homework: 1-3 MyAccountingLab Homework: Chapters 1 and 2 Question 9, P2-42 (similar to) Part 1 of 9 HW
ACC-311-R4833 Cost Accounting 22EW4 Abby Olse = Homework: 1-3 MyAccountingLab Homework: Chapters 1 and 2 Question 9, P2-42 (similar to) Part 1 of 9 HW Score: 54.81%, 24.67 of 45 points O Points: 0 of 5 The following items (in millions) pertain to Calvin Corporation: (Click the icon to view the items.) (Click the icon to view the partial schedule of cost of goods manufactured.) Calvin's manufacturing costing system uses three-part classification of direct materials, direct manufacturing labor, and manufacturing overhead costs. Read the requirements Requirement 1. Calculate total prime costs and total conversion costs. Total prime costs million Total conversion costs million Data table For Year 2017 $ 15 Plant utilities 3 8 30 11 4 26 358 For Specific Date Work-in-process inventory, Jan 1, 2017 Direct materials inventory, Dec 31, 2017 Finished goods inventory, Dec. 31, 2017 Accounts payable, Dec 31, 2017 Accounts receivable, Jan. 1, 2017 Work-in-process inventory, Dec 31, 2017 Finished goods inventory, Jan 1, 2017 Accounts receivable, Dec. 31, 2017 Accounts payable, Jan. 1, 2017 Direct materials inventory, Jan. 1, 2017 57 13 7 Indirect manufacturing labor Depreciationplant and equipment Revenues Miscellaneous manufacturing overhead Marketing, distribution, and customer-service costs Direct materials purchased Direct manufacturing labor Plant supplies used Property taxes on plant 91 43 81 35 49 40 5 38 1 Print Done
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