Question
SBOproducts, inc. manufacturers liquefied oxygen and packs them in metal tanks. for 2015, the following data are summarized: a. Number of oxygen tanks produced 18,000.
SBOproducts, inc. manufacturers liquefied oxygen and packs them in metal tanks. for 2015, the following data are summarized:
a. Number of oxygen tanks produced 18,000.
b. Materials placed in production, P64,000, including P8,000 of indirect materials.
c. Total factory payroll, P143,000, of which the indirect labor portion amounts to P24,000.
d. Total factory overhead costs, P100,000
d. Otherfactory overhead costs, P100,000
e. Operating expenses, P135,400.
The prime costs to process amounted to?
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Prime Cost for SBOproducts in 2015 Prime cost refers to the direct costs of materials and labor invo...
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College Accounting Chapters 1-30
Authors: John Price, M. David Haddock, Michael Farina
14th edition
978-1259284861, 1259284867, 77862392, 978-0077862398
