Question
Occi-Predictions manufactures weather forecasting circuits for meteorologists and uses a job-order costing system. During June, Occi-Predictions accounts included the following balances and transactions: Category
Occi-Predictions manufactures weather forecasting circuits for meteorologists and uses a job-order costing system. During June, Occi-Predictions accounts included the following balances and transactions: Category Category Value Value Raw Materials Inventory, beginning Raw Materials Inventory, ending $700 Direct materials $45,000 purchased 4,850 Direct labor cost 16,400 incurred Manufacturing overhead cost 9,500 Administrative expenses 13,000 applied Marketing expenses 11,000 Work in Process 7,800 Inventory, beginning Sales 98,000 Work in Process 6,600 Inventory, ending How much is the cost of direct materials issued to production during June?
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Managerial Accounting
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer
12th Edition
978-0073526706, 9780073526706
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