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QUESTION: 2B PRODUCT COST CLASSIFICATIONS BARBIERI CO. MAKES ALUMINUM CANOES. THE COMPANY'S JUNE 2013 COSTS FOR MATERIAL AND LABOR WERE AS FOLLOWS: MATERIAL COSTS: JANITORIAL SUPPLIES $1,800 CHROME RIVETS TO ASSEMBLE CANOES 12, 150 SEALANT 1, 230 ALUMINUM 1,683,000 LABOR COSTS: JANITORIAL WAGES $9, 300 ALUMINUM CUTTERS 56, 160 SALESPEOPLE'S SALARIES 43,050 WELDERS 156,000 FACTORY SUPERVISORS' SALARIES 101, 250 REQUIRED: WHAT IS THE DIRECT LABOR COST FOR JUNE?

QUESTION: 2B PRODUCT COST CLASSIFICATIONS BARBIERI CO. MAKES ALUMINUM CANOES. THE COMPANY'S JUNE 2013 COSTS FOR MATERIAL AND LABOR WERE AS FOLLOWS: MATERIAL COSTS: JANITORIAL SUPPLIES $1,800 CHROME RIVETS TO ASSEMBLE CANOES 12, 150 SEALANT 1, 230 ALUMINUM 1,683,000 LABOR COSTS: JANITORIAL WAGES $9, 300 ALUMINUM CUTTERS 56, 160 SALESPEOPLE'S SALARIES 43,050 WELDERS 156,000 FACTORY SUPERVISORS' SALARIES 101, 250 REQUIRED: WHAT IS THE DIRECT LABOR COST FOR JUNE?

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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QUESTION: 2B PRODUCT COST CLASSIFICATIONS BARBIERI CO. MAKES ALUMINUM CANOES. THE COMPANY'S JUNE 2013 COSTS FOR MATERIAL AND LABOR WERE AS FOLLOWS: MATERIAL COSTS: JANITORIAL SUPPLIES $1,800 CHROME RIVETS TO ASSEMBLE CANOES 12, 150 SEALANT 1, 230 ALUMINUM 1,683,000 LABOR COSTS: JANITORIAL WAGES $9, 300 ALUMINUM CUTTERS 56, 160 SALESPEOPLE'S SALARIES 43,050 WELDERS 156,000 FACTORY SUPERVISORS' SALARIES 101, 250 REQUIRED: WHAT IS THE DIRECT LABOR COST FOR JUNE?
Transcribed Image Text:QUESTION: 2B PRODUCT COST CLASSIFICATIONS BARBIERI CO. MAKES ALUMINUM CANOES. THE COMPANY'S JUNE 2013 COSTS FOR MATERIAL AND LABOR WERE AS FOLLOWS: MATERIAL COSTS: JANITORIAL SUPPLIES $1,800 CHROME RIVETS TO ASSEMBLE CANOES 12, 150 SEALANT 1, 230 ALUMINUM 1,683,000 LABOR COSTS: JANITORIAL WAGES $9, 300 ALUMINUM CUTTERS 56, 160 SALESPEOPLE'S SALARIES 43,050 WELDERS 156,000 FACTORY SUPERVISORS' SALARIES 101, 250 REQUIRED: WHAT IS THE DIRECT LABOR COST FOR JUNE?
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