Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Based on the following data which are incurred for a given period for ABC Co. manufacturing company answer question a. The prime cost b. Conversion

Based on the following data which are incurred for a given period for ABC Co. manufacturing company answer question

a. The prime cost

b. Conversion cost

c. The total manufacturing cost

Direct material cost.. 45,000

Direct Labor cost . 30,000

Wages of workers. . 35,000

Minor repair parts. .. 20,000

Electricity .. 10,000

Administrative Expenses .......... 25,000

Indirect labor cost.. 22,000

Fuel...5,000

Indirect materials cost . 4,000

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

Financial and Managerial Accounting

Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren

11th Edition

9780538480901, 9781111525774, 538480890, 538480904, 1111525773, 978-0538480895

More Books

Students also viewed these Accounting questions