hw 6 accounting

# hw 6 accounting - \$58 500 Less Ending work in process(\$23...

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Carolina Araico Tenorio 513357 25 de Febrero del 2016 Homework 6 1. Calculate the total cost of direct materials used in production. Direct Materials: Beginning Inventory \$50 800 Add: Purchases \$150 000 Materials Available \$200 800 Less: Ending Inventory (\$21 500) Direct Materials Used in Production \$ 179 300 2.Calculate the cost of goods manufactured. Calculate the unit manufacturing cost. Direct Materials Used in Production \$ 179 300 Direct Labor \$ 200 000 Manufacturing overhead \$ 324 700 Total Manufacturing Cost Added \$704 000 Add: Beginning work in process

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Unformatted text preview: \$58 500 Less: Ending work in process (\$23 500) Cost of goods manufactured \$739 000 Unit manufacturing cost: \$179 300 = \$1.793 per unit 100 000 3.Of the unit manufacturing cost calculated in requirement 2, assume \$1.7 is direct materials and \$3.24 is overhead. What is the prime cost per unit? Conversion cost per unit? Direct Labor \$200 000 =\$2.00 100 000 Prime Cost Per Unit: Direct Material + Direct Labor = \$2 + \$1.7 = \$3.7 Conversion cost per unit: Fact. Overhead + Direct Labor= \$3.24 + \$2 = \$5.24...
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