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Kilbuck Manufacturing operates in a lean manufacturing environment. Kilbuck's actual conversion costs for the month of May follow: Direct and indirect labor $150,000 Machine depreciation
Kilbuck Manufacturing operates in a lean manufacturing environment. Kilbuck's actual conversion costs for the month of May follow:
| Direct and indirect labor | $150,000 |
| Machine depreciation | 85,000 |
| Maintenance and supplies | 60,000 |
| Total conversion costs | $295,000 |
The journal entry to record May's conversion costs will include:
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Market Contact Audit
Authors: Gerardus Blokdyk
2nd Edition
0655179771, 978-0655179771
