Answered step by step
Verified Expert Solution
Question
1 Approved Answer
BlueDenim Company makes blue jeans. Last week, Direct Materials (DM) costing $48,000 were put into production. Direct labor (DL) of $30,000 was incurred. Overhead (O/H)
BlueDenim Company makes blue jeans. Last week, Direct Materials (DM) costing $48,000 were put into production. Direct labor (DL) of $30,000 was incurred. Overhead (O/H) equaled $72,000. By the end of the week, BlueDenim had manufactured 30,000 pairs of jeans.
- The prime cost for BlueDenim last week was:
- $68,000
- $150,000
- $78,000
- None of the Above Answers
- Conversion Cost for BlueDenim last week was:
- $68,000
- $150,000
- $78,000
- None of the Above Answers
- Total Production Cost for BlueDenim last week was:
- $68,000
- $150,000
- $78,000
- None of the Above Answers
- Per Unit Product Cost for BlueDenim last week was:
- $8
- $5
- $78
- None of the Above Answers
- Per Unit Prime Cost for BlueDenim last week was:
- $8
- $5
- $4.20
- Cannot be determined
- Per Unit Step Cost for BlueDenim last week was:
- $8
- $17.45
- $4.20
- Cannot be determined
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started