Maurice Tutor

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About Maurice Tutor

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Expertise:
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Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 305 Weeks Ago, 5 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 14 Aug 2017 My Price 12.00

Brody Company

COST ASSIGNMENT METHODS

Brody Company makes industrial cleaning solvents. Various chemicals, detergent, and

water are mixed together and then bottled in 40-litre drums. Brody provided the following

information for last year:

 

 

 

Last year, Brody completed 100,000 units. Sales revenue equalled $1,200,000, and Brody paid a sales commission of 5 percent of sales.

Required:

1. Calculate the direct materials used in production for last year.

2. Calculate total prime cost.

3. Calculate total conversion cost.

4. Prepare a cost of goods manufactured statement for last year. Calculate the unit product cost.

5. Prepare a cost of goods sold statement for last year.

6. Prepare an income statement for last year. Show the percentage of sales that each line item represents.

Answers

Maurice Tutor
(5)
Status NEW Posted 14 Aug 2017 09:08 PM My Price 12.00

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