Inventories Raw Materials Work in process Finished goods Beginning $34,000 135,000 110,000 Ending $40,000 150,000 102,000 Other information: Plant janitorial services Administrative expenses Raw materials purchased Depreciation -Plant Building & Equipment Insurance on plant Depreciation expense on delivery truck Direct manufacturing wages Sales revenue Plant Utilities $8,000 $121,230 $41,000 $32,500 $11,500 $18,250 $144,000 $575,000 $28,000 $23,700 Sales commissions

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Selected data from Design Corporation for 206 is as follows:

Conversion Cost is:

 

(see image)

Inventories
Raw Materials
Work in process
Finished goods
Beginning
$34,000
135,000
110,000
Ending
$40,000
150,000
102,000
Other information:
Plant janitorial services
Administrative expenses
Raw materials purchased
Depreciation - Plant Building & Equipment
Insurance on plant
Depreciation expense on delivery truck
Direct manufacturing wages
$8,000
$121,230
$41,000
$32,500
$11,500
$18,250
$144,000
$575,000
$28,000
$23,700
Sales revenue
Plant Utilities
Sales commissions
Transcribed Image Text:Inventories Raw Materials Work in process Finished goods Beginning $34,000 135,000 110,000 Ending $40,000 150,000 102,000 Other information: Plant janitorial services Administrative expenses Raw materials purchased Depreciation - Plant Building & Equipment Insurance on plant Depreciation expense on delivery truck Direct manufacturing wages $8,000 $121,230 $41,000 $32,500 $11,500 $18,250 $144,000 $575,000 $28,000 $23,700 Sales revenue Plant Utilities Sales commissions
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