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Calculate the following amounts for the month of November, using the information below: a. prime costs b. conversion costs c. total manufacturing costs d. cost
Calculate the following amounts for the month of November, using the information below: a. prime costs b. conversion costs c. total manufacturing costs d. cost of goods manufacturing e. cost of goods sold Sales Revenue 99,000 Selling & Admin Exp 11,000 Work in process, nov. 1 4500 Work in process, nov 30 3000 Manufacturing overhead 20,000 Direct labor 14,000 Finished goods inventory,nov. 1 13,500 Finished goods inventory, nov 3 18,000 Raw materials purchases 22,000 Raw materials inventory, jan 1 9000 Raw materials inventory, dec 31 8500
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