cost term

cost term - Beth Rothrock AC-315 Cost Accounting Mid-Term...

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Beth Rothrock AC-315 Cost Accounting Mid-Term Exam 21. Messinger Manufacturing Company Cost of Goods Manufactured Schedule March 31 Direct Materials Used $378,000 Direct Manufacturing Labor 480,000 Property Taxes on Bldg $28,800 Depreciation of manufacturing equipment 264,000 Indirect manufacturing labor 186,000 Misc plant Overhead 135,000 Indirect materials 84,000 Plant Utilities 92,400 790,200 Manufacturing Cots incurred 1,648,200 Add beginning work in progress inventory 140.400 Total Manufacturing Costs 1,788,600 Less ending work in progress inventory 171,000 Cost of Goods Manufactured $1617,600 b. Cost of Goods Sold Messinger Manufacturing Company Cost of Goods sold Schedule March 31 Beginning finished goods inventory $ 540,000 Cost of goods manufactured 1,617,600 Cost of goods available for sale 2,157,600 Less Ending finished goods inventory 510,000 Cost of goods sold $1,647,600
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21.) a. Contribution Margin for each product 21.b. Break-even points in units of both X and Y if the sales mix is 3 units of X for every unit
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This note was uploaded on 11/02/2010 for the course AC 311 taught by Professor Munual during the Spring '10 term at Park.

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cost term - Beth Rothrock AC-315 Cost Accounting Mid-Term...

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