Business
Business, 14.12.2019 01:31, kvivas54

Assuming the cost of direct materials used is $1,500,000, compute the total manufacturing costs using the information below. raw materials inventory, january1 $ 30,000 raw materials inventory, december 31 60,000 work in process, january 1 27,000 work in process, december 31 18,000 finished goods, january 1 60,000 finished goods, december 31 48,000 raw materials purchases 1,500,000 direct labor 690,000 factory utilities 225,000 indirect labor 75,000 factory depreciation 500,000 operating expenses 630,000.

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Assuming the cost of direct materials used is $1,500,000, compute the total manufacturing costs usin...

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