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using the table how would you calculate prime cost Sadie's Company has the following information for last year: Raw Material Purchase $400,000 Indirect Factory Labor
using the table how would you calculate prime cost Sadie's Company has the following information for last year: Raw Material Purchase $400,000 Indirect Factory Labor $ 65,000 Direct Labor $ 150,000 Administrative Salaries $ 142,000 $ 45,000 Sales Office Salaries $ 100,000 Depreciation on Factory Equipment $ 70,000 $ 150,000 Depreciation on Factory Building Beginning Balance, Raw Material $ 35,000 Beginning Balance, WIP $ 200,000 Depreciation on Office Building Factory insurance $ 55,000 Beginning Balance, Finished $ 79,000 Goods Property taxes on Factory $ 22,000 $ 52,000 Ending Balance, Raw Materials Property taxes on Office $ 20.000 Ending Balance, WIP $ 130,000 Utilities for Factory $ 35,000 Ending Balance, Finished Goods $85,000 Utilities for Office $2,500 Advertising Expense $ 83,000 Sadie completed 300,000 units which were sold at a price of $10. Sadie paid a sales commission of 4% of sales. REQUIRED: Calculate Prime Cost
using the table how would you calculate prime cost
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