overhead cost for July.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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QUESTION 11
Test Company reported the following information for July.
Prime cost
$250,000
Direct materials
100,000
Conversion cost
325,000
Determine overhead cost for July.
Note: Give your answer using dollar signs and commas but not decimal points (cents)
QUESTION 12
Test Company reported the following information for July.
Direct materials
$20,000
Conversion cost
80,000
Overhead cost
45,000
Determine prime cost for July.
Note: Give your answer using dollar signs and commas but not decimal points (cents).
Transcribed Image Text:QUESTION 11 Test Company reported the following information for July. Prime cost $250,000 Direct materials 100,000 Conversion cost 325,000 Determine overhead cost for July. Note: Give your answer using dollar signs and commas but not decimal points (cents) QUESTION 12 Test Company reported the following information for July. Direct materials $20,000 Conversion cost 80,000 Overhead cost 45,000 Determine prime cost for July. Note: Give your answer using dollar signs and commas but not decimal points (cents).
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