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Royce Company manufactures chocolate bars. The following were among Royce's 2013 manufacturing costs: Wages Machine operators $ 210,000 Selling and administrative personnel $ 66,000 Materials
Royce Company manufactures chocolate bars. The following were among Royce's 2013 manufacturing costs:
| Wages | ||
| Machine operators | $ | 210,000 |
| Selling and administrative personnel | $ | 66,000 |
| Materials used | ||
| Lubricant for oiling machinery | $ | 16,000 |
| Cocoa, sugar and other raw materials | $ | 160,000 |
| Packaging materials | $ | 100,000 |
Royce's 2013 direct materials amounted to:
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Audit And Accounting Guide State And Local Governments
Authors: AICPA
1st Edition
1945498587, 978-1945498589
