Maurice Tutor

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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: 401 Weeks Ago, 2 Days Ago
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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 27 Sep 2017 My Price 9.00

indirect materials

Image for Irresistible Art produces collectible pieces of art. The company's Raw Material . Inventory account includes t Image text transcribed for accessibility: Irresistible Art produces collectible pieces of art. The company's Raw Material . Inventory account includes the costs of both direct and indirect materials. Account balances for the company at the beginning and end of July 2010 follow: July 1.July31 Raw material $93200. $69600 Work in process inventory. $146400. 120000 Finished goods inventory. 72000. 104800 During the month, the company purchased $656,000 of raw material; direct material used during the period amounted to $504,000. Factory payroll costs for July were $788,000 of which 75 percent was related to direct labor. Overhead charges for depreciation, insurance, utilities, and maintenance totaled $600,000 for July. a. Prepare a schedule of cost of goods manufactured. b. Prepare a schedule of cost of goods sold.

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Maurice Tutor
(5)
Status NEW Posted 27 Sep 2017 09:09 PM My Price 9.00

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