Question
Luna Co.'s year-end manufacturing costs were as follows: Direct Materials and Direct Labor $498,623 Depreciation on Factory Equipment $75,775 Depreciation on Factory Building $40,619 Wages
Luna Co.'s year-end manufacturing costs were as follows: Direct Materials and Direct Labor $498,623 Depreciation on Factory Equipment $75,775 Depreciation on Factory Building $40,619 Wages for Factory Janitorial Staff $41,990 Wages for Corporate Accounting Staff $60,761 Given that Luna Co. uses a Job Order Costing system, what are the total inventoriable costs for external reporting purposes?
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Using Accounting & Financial InformationAnalyzing, Forecasting, And Decision Making
Authors: Mark S. Bettner
2nd Edition
1947098683, 9781947098688
