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Items 8 and 9 are based on the following data: ARMIE CORPORATION manufactures plastic coated metal clips. The following were among Armie's 2011 manufacturing costs: Wages: Machine operations 1 3 Materials used 200,000 Metal wire P 500,000 5 Maintenance workers 30,000 Lubricant for oiling machinery 10,000 Factory foreman 90,000 Plastic coating 380,000 7 8 8. Armie's 2011 direct labor amounted to: A P 200,000 P 230,000 C P 290,000 D P 320,000 -1 9. Armie's 2011 direct materials amounted to: A P 890,000 B P 880,000 C P 510,000 D P 500,000 3

Items 8 and 9 are based on the following data: ARMIE CORPORATION manufactures plastic coated metal clips. The following were among Armie's 2011 manufacturing costs: Wages: Machine operations 1 3 Materials used 200,000 Metal wire P 500,000 5 Maintenance workers 30,000 Lubricant for oiling machinery 10,000 Factory foreman 90,000 Plastic coating 380,000 7 8 8. Armie's 2011 direct labor amounted to: A P 200,000 P 230,000 C P 290,000 D P 320,000 -1 9. Armie's 2011 direct materials amounted to: A P 890,000 B P 880,000 C P 510,000 D P 500,000 3

FINANCIAL ACCOUNTING
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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30 31 32 33 34 35 36 37 38 39 40 Items 8 and 9 are based on the following data: ARMIE CORPORATION manufactures plastic coated metal clips. The following were among Armie's 2011 manufacturing costs: Wages: Machine operations Materials used 200,000 Metal wire P 500,000 Maintenance workers 30,000 Lubricant for oiling machinery 10,000 Factory foreman 90,000 Plastic coating 380,000 8. Armie's 2011 direct labor amounted to: A P 200,000 P 230,000 C P 290,000 P 320,000 D 41 42 43 44 9. Armie's 2011 direct materials amounted to: A P 890,000 P 880,000 C P 510,000 D P 500,000
Transcribed Image Text:30 31 32 33 34 35 36 37 38 39 40 Items 8 and 9 are based on the following data: ARMIE CORPORATION manufactures plastic coated metal clips. The following were among Armie's 2011 manufacturing costs: Wages: Machine operations Materials used 200,000 Metal wire P 500,000 Maintenance workers 30,000 Lubricant for oiling machinery 10,000 Factory foreman 90,000 Plastic coating 380,000 8. Armie's 2011 direct labor amounted to: A P 200,000 P 230,000 C P 290,000 P 320,000 D 41 42 43 44 9. Armie's 2011 direct materials amounted to: A P 890,000 P 880,000 C P 510,000 D P 500,000
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