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: 402 Weeks Ago, 2 Days Ago
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Education

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

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 19 Aug 2017 My Price 6.00

Montreal Manufacturing Company

The Montreal Manufacturing Company incurred the following costs for the month of June:

Materials used:

  

Direct materials

$6,600

Indirect materials

1,200

Payroll costs incurred:

  

Direct labor

6,000

Indirect labor

1,700

Salaries:

  

Production

2,400

Administration

5,100

Sales

3,200

Other costs:

  

Building rent (production uses one-half of the building space)

1,400

Rent for molding machine (*per month, plus $0.50 per unit produced)

400*

Royalty paid for the use of production patents

(calculation based on units produced, $0.80 per unit) Indirect miscellaneous costs:

  

Production

2,700

Sales and administration

1,800

The beginning work-in-process inventory was $6,000; the ending work-in-process inventory was $5,000. Assume that 1,000 units were produced during the month.

1. Prepare a statement of cost of goods manufactured for the month.

2. Compute the cost to manufacture one unit of product.

Answers

Maurice Tutor
(5)
Status NEW Posted 19 Aug 2017 12:08 PM My Price 6.00

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