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Star Wars Company has the following data on April 30,2018: April Manufacturing overhead $30,101.80 Decrease in ending inventories: Materials $2,430.00 Goods in Process $590.00 Increase
Star Wars Company has the following data on April 30,2018:
April Manufacturing overhead $30,101.80
Decrease in ending inventories:
Materials $2,430.00
Goods in Process $590.00
Increase in ending inventory:
Finished goods $1,320.00
The manufacturing overhead amounts to 50% of the direct labor, and the direct labor and manufacturing combined equal 50% of the total cost of manufacturing. All materials are purchased F.O.B shipping point.
required:
- how much is the conversion cost?
- how much is the prime cost?
- what is the cost of goods manufactured?
- how much is the cost of goods sold?
- how much are the total goods placed into process?
- how much is the purchases for April?
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