European Styles, Inc., manufactures women's blouses of one quality, which are produced in lots to fill...
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European Styles, Inc., manufactures women's blouses of one quality, which are produced in lots to fill each special order. Its customers are department stores in various cities. European Styles sews the particular stores' labels on the blouses. During November, the company worked on three orders, for which the month's job-cost records disclose the following data. Lot Number 22 23 24 Boxes in Lot 1,200 Material Used (yards) Hours Worked 26,500 5,970 1,900 41,320 1,400 30,845 9,550 6,310 The following additional information is available: 1. The firm purchased 90,000 yards of material during November at a cost of $102,100. 2. Direct labor during November amounted to $240,130. According to payroll records, production employees were naid $11.00 per hour European Styles, Inc., manufactures women's blouses of one quality, which are produced in lots to fill each special order. Its customers are department stores in various cities. European Styles sews the particular stores' labels on the blouses. During November, the company worked on three orders, for which the month's job-cost records disclose the following data. Lot Number 22 23 24 Boxes in Lot 1,200 Material Used (yards) Hours Worked 26,500 5,970 1,900 41,320 1,400 30,845 9,550 6,310 The following additional information is available: 1. The firm purchased 90,000 yards of material during November at a cost of $102,100. 2. Direct labor during November amounted to $240,130. According to payroll records, production employees were naid $11.00 per hour
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