bi kip vo cong - of Goods manufactured 4 Conversion cost =...

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1) Prime costs during the month totaled = Direct material + Direct labor 2) What was the total amount of the period costs listed above for the period? Total amount of the period costs = Selling expense + administrative expense 3) Sale – Cost of goods sold = Gross profit Finished Goods inventory (beginning) = Cost of Goods Sold + Finished Goods Inventory (ending) - Cost
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Unformatted text preview: of Goods manufactured 4) Conversion cost = Direct labor + Manufacturing overhead Beginning raw materials inventory + raw materials purchased = raw materials available for use-ending raw materials inventory = raw materials used + Direct labor + manufacturing overhead =total manufacturing costs...
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This note was uploaded on 06/04/2011 for the course ACCT 1212 taught by Professor Tuck during the Spring '11 term at

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