# 8 student answer large cases 900000 12000 75 per

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8 Student Answer: Large cases: \$900,000 / 12,000 = \$75 per machine hour Medium cases: \$1,404,480 / 15,960 = \$88 per machine hour Small cases: \$1,350,000 / 12,000 = \$112.50 per machine hour Instructor Explanation: Large Cases - \$900,000/12,000 = \$75.00 per machine hour Medium Cases - \$1,404,480/15,960 = \$88.00 per machine hour Small Cases - \$1,350,000/12,000 = \$112.50 per machine hour
Points Received: 30 of 30 Comments: Great Answer Question 7. Question : (TCO 2) Fred Co. incurred costs of \$800,000 for direct materials (raw) purchased. Direct labor was \$5,000 and factory overhead was \$15,000 for March. Inventories were as follows: Raw materials beginning \$2,000; raw materials ending \$4,000; Work-in-process beginning \$210,000; work-in-process ending \$190,000; Finished goods beginning \$13,000; finished goods ending \$12,500; What is the cost of goods manufactured? Please show your work.