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Anderson Enterprises Inventories: March 1 March 31 Raw material $18,000 $15,000 Work in process $9,000 $6,000 Finished goods $27,000 $ 36,000 Additional information for March:
Anderson Enterprises
Inventories: March 1 March 31
Raw material $18,000 $15,000
Work in process $9,000 $6,000
Finished goods $27,000 $ 36,000
Additional information for March:
Raw meterial purchased $42,000
Direct labor payroll $30,000
Direct labor rate per hour $7.50
Overhead rate per direct labor hour $10.00
1) Refer to Anderson Enterprises. For March, Prime cost incurred was
2) Refer to Anderson Enterprises. For March, Conversion cost incurred was
3) Refer to Anderson Enterprises. For March, Cost of Goods Manufactured was
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