Question
Some selected sales and costs data for job order 515 are given below SHS Direct materials used 100,000 Direct labor 150,000 Factory overhead (all indirect,
Some selected sales and costs data for job order 515 are given below
SHS
Direct materials used 100,000
Direct labor 150,000
Factory overhead
(all indirect, 40% variable) 75,000
Selling and administration expenses
(50% direct, 60% variable) 120,000
Compute the following:
Prime cost
Conversion cost
Direct cost
Indirect cost
Product cost
Period expenses
Variable cost
Fixed cost
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Payroll Accounting 2017
Authors: Bernard J. Bieg, Judith Toland
27th edition
1305675126, 1305675124, 9781305888586, 1305888588, 978-1337734776
