Ethen Co.'s manufacturing costs are as follows: Direct material and direct labor Other variable manufacturing costs Depreciation of factory manufacturing equipment $802,000 $206,000 building and $199,000 $33,000 Other fixed manufacturing overhead What amount should be considered product costs for external reporting purposes if the company uses absorption costing?
Ethen Co.'s manufacturing costs are as follows: Direct material and direct labor Other variable manufacturing costs Depreciation of factory manufacturing equipment $802,000 $206,000 building and $199,000 $33,000 Other fixed manufacturing overhead What amount should be considered product costs for external reporting purposes if the company uses absorption costing?
Chapter5: Process Costing
Section: Chapter Questions
Problem 1PB: The following product costs are available for Stellis Company on the production of erasers: direct...
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Ethen Co
Transcribed Image Text:Ethen Co.'s manufacturing costs are as follows:
Direct material and direct labor
Other variable manufacturing costs
Depreciation
of factory
manufacturing equipment
$802,000
$206,000
building
and $199,000
$33,000
Other fixed manufacturing overhead
What amount should be considered product costs for
external reporting purposes if the company uses absorption
costing?
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