Maurice Tutor

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

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 24 Sep 2017 My Price 4.00

` Icahn, Inc

The following information is available for the first month of operations of Icahn, Inc., a manufacturer of art and craft items:
Sales $4,500,000
Gross profit 810,000
Indirect Labor 270,000
Indirect materials 117,000
Other factory overhead 54,000
Materials purchased 850,000
Materials purchased 1,530,000
Total manufacturing costs for the period 3,330,000
Materials inventory, end of period 113,400
Factory overhead was applied during the year. Using the above information, determine the following missing amounts:a. Cost of goods soldb. Direct materials costc. Direct labor cost

Answers

Maurice Tutor
(5)
Status NEW Posted 24 Sep 2017 07:09 PM My Price 4.00

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