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schedule for the month ended September 30,2020. An analysis of the accounts of Lily Company reveals the following manufacturing cost data for the month ended
schedule for the month ended September 30,2020. An analysis of the accounts of Lily Company reveals the following manufacturing cost data for the month ended September 30,2020. Costs incurred; raw materials purchases $62,800, direct labor $51,300, manufacturing overhead $27,450. The specific overhead costs were indirect labor $6,800, factory insurance $5,300, machinery depreciation $6,300, machinery repairs $3,100, factory utilities $3,900, miscellaneous factory costs $2,050. Assume that alf raw materdats used were direct materiats
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