From the following calculate the total production cost. Indirect factory expenses $200,000 Direct labour cost $800,000 Salaries of the production function $300,000 Material used in producing products $1,000,000 Direct expenses $100,000 a) $1,900,000 b) $2,400,000 c) $1,400,000 d) $2,100,000
From the following calculate the total production cost. Indirect factory expenses $200,000 Direct labour cost $800,000 Salaries of the production function $300,000 Material used in producing products $1,000,000 Direct expenses $100,000 a) $1,900,000 b) $2,400,000 c) $1,400,000 d) $2,100,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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- From the following calculate the total production cost.
Indirect factory expenses $200,000
Direct labour cost $800,000
Salaries of the production function $300,000
Material used in producing products $1,000,000
Direct expenses $100,000
- a) $1,900,000
- b) $2,400,000
- c) $1,400,000
- d) $2,100,000
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