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Arden Company reported the following costs and expenses for the most recent month: Direct materials $ 71,000 Direct labor $ 33,000 Manufacturing overhead $ 11,000
| Arden Company reported the following costs and expenses for the most recent month: |
| Direct materials | $ | 71,000 | |
| Direct labor | $ | 33,000 | |
| Manufacturing overhead | $ | 11,000 | |
| Selling expenses | $ | 14,000 | |
| Administrative expenses | $ | 26,000 | |
| Required: |
| 1. | What is the total amount of product costs? |
| 2. | What is the total amount of period costs? |
| 3. | What is the total amount of conversion costs? |
| 4. | What is the total amount of prime costs? |
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The Logistics Audit Methods Organization And Practice
Authors: Piotr Buła, Bartosz Niedzielski
1st Edition
1032461268, 978-1032461267
