Maurice Tutor

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

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 25 Jul 2017 My Price 5.00

Classic Coolers

Classic Coolers manufactures portable coolers adorned with college logos. During the first quarter of the year, the company had the following costs:

Direct materials used $55,500
Direct labor 30,500
Factory rent 65,500
Factory equipment depreciation 13,500
Office equipment depreciation 1,300
Marketing expenses 5,100
Administrative expenses 15,500

The company had no beginning or endingwork in process inventoryand no beginning finished-goods inventory. Although 7,000 units were started and finished during the quarter, just 4,300 were sold, for an average price of $33 each.

Answers

Maurice Tutor
(5)
Status NEW Posted 25 Jul 2017 02:07 PM My Price 5.00

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