Question
Thefinancialaccounts( summarydata )ofaBluntonLtd,amanufacturingorganisation, is shown below: Directmaterials-Openinginventory 2,000 Directmaterials-Purchases 24,000 Directmaterials-Closinginventory 2,400 Directlabour 34,640 Directexpenses 13,760 Indirectproductionoverheads 56,320 Work-in-progressopening inventory 4,480 Work-in-progressclosing inventory 4,800 Finishedgoodsopeninginventory
Thefinancialaccounts(summarydata)ofaBluntonLtd,amanufacturingorganisation, is shown below:
Directmaterials-Openinginventory | 2,000 |
Directmaterials-Purchases | 24,000 |
Directmaterials-Closinginventory | 2,400 |
Directlabour | 34,640 |
Directexpenses | 13,760 |
Indirectproductionoverheads | 56,320 |
Work-in-progressopening inventory | 4,480 |
Work-in-progressclosing inventory | 4,800 |
Finishedgoodsopeninginventory | 7,520 |
Finishedgoodsclosinginventory | 8,100 |
Indirectnon-productionoverheads | 64,000 |
Thetotalfactorycostofproduction,forBluntonLtd,is: a. 192,000
b. 191,420
c. 127,420
d. 128,000
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Accounting Principles Managerial Concepts
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Kinnear, Joan E. Barlow
7th Canadian Edition
1119310296, 978-1119310297
