Complete the following table. Note: Round "Direct-labor hours" answer to 1 decimal place. Direct labor cost per unit Direct labor-hours worked, March Direct labor wage rate per direct labor-hour Direct materials cost per unit Direct materials cost per pound of direct material Direct materials inventory (cost), March 31 Direct materials inventory (pounds), March 31 Finished goods inventory (cost), March 31 Finished goods inventory (units), March 31 Manufacturing overhead cost per unit Operating profit, March Production (units), March Sales revenue, March Sales (units), March Sales price per unit Selling, general, and administrative costs per unit S 55 S $ $ $ S S S 50 20 40 8 2,240 17,856 158 7,705 47,265 96 hours pounds units units units

Complete the following table. Note: Round "Direct-labor hours" answer to 1 decimal place. Direct labor cost per unit Direct labor-hours worked, March Direct labor wage rate per direct labor-hour Direct materials cost per unit Direct materials cost per pound of direct material Direct materials inventory (cost), March 31 Direct materials inventory (pounds), March 31 Finished goods inventory (cost), March 31 Finished goods inventory (units), March 31 Manufacturing overhead cost per unit Operating profit, March Production (units), March Sales revenue, March Sales (units), March Sales price per unit Selling, general, and administrative costs per unit S 55 S $ $ $ S S S 50 20 40 8 2,240 17,856 158 7,705 47,265 96 hours pounds units units units

Name: am. 30. Guilford Boards started operations on March 3. There were no d
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Description: am. 30. Guilford Boards started operations on March 3. There were no direct materials in inventory as of March 2. Data for the month of Marchinclude the following:Required:Complete the following table.Note: Round "Direct-labor hours" answer to 1 deci

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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