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Brandt Company manufactures wood file cabinets. The following information is available for June 2001: Beginning Ending Raw Material Inventory $6,000 $7,500 Work in Process
Brandt Company manufactures wood file cabinets. The following information is available for June 2001: Beginning Ending Raw Material Inventory $6,000 $7,500 Work in Process Inventory 17,300 11,700 Finished Goods Inventory 21,000 16,300 Required: 1. Refer to Brandt Company. Direct labor is $9.60 per hour and overhead for the month was $9,600. Compute total manufacturing costs for June, if there were 1,500 direct labor hours and $21,000 of raw material was purchased. 2. Refer to Brandt Company. Direct labor is paid $9.60 per hour and overhead for the month was $9,600. What are prime costs and conversion costs, respectively if there were 1,500 direct labor hours and $21,000 of raw material was purchased? 3. Refer to Brandt Company. Direct labor is paid $9.60 per hour and overhead for the month was $9,600. If there were 1,500 direct labor hours and $21,000 of raw material purchased, Cost of Goods Manufactured is: 4. Refer to Brandt Company. Direct labor is paid $9.60 per hour and overhead for the month was $9,600. If there were 1,500 direct labor hours and $21,000 of raw material purchased, how much is Cost of Goods Sold?
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