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Unformatted text preview: principles. Standard is relevance to decisions. d) MO e) MO f) DM g) DM h) MO BE20-6 a) Product costs b) Period costs c) Period costs d) Period costs e) Product costs f) Product costs BE20-7 Product Costs a) X b) X c) X d) X BE20-8 a) = DM costs + DL costs + MO costs 648,000 180,000 260,000 208,000 b) = + 673,000 648,000 25,000 BE20-9 Scheer Company Balance Sheet (partial) Current assets Cash 62,000 Accounts receivable 200,000 Inventories Finished goods 95,000 Work in process 87,000 Raw materials 68,000 250,000 Prepaid expenses 38,000 Total current assets 550,000 Direct Materials Direct Labor Factory Overhead Total manufacturing costs Total cost of work in process Total current manufacturing costs Beginning work in process inventory BE20-10 a) 125000 b) 101000 c) 134000 BE20-11 a) 159000 b) 123000 c) 248000...
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