Sandpaper $ 4.000 Materials-handling cost 140.000 Lubricants and collants 10.000 Miscellaneous indirect manufacturing labor 80.000 Direct manufacturing labor 600.000 Direct materials, Jan. 1, 2022 80.000 Direct materials, Dec. 31.2022 100.000 Finished goods, Jan. 1, 2022 200.000 Finished googs, Dec. 31 2022 Work in process, Jan. 1, 2022 Work in process, Dec, 31, 2022 Plant-leasing costs Depreciation plant equipment Property taxes on plant equipment Fire insurance on plant equipment Direct materials purchased Revenues 300.000 20.000 28.000 108.000 72.000 8.000 6.000 920.000 2.720.000 Marketing promotions Marketing salaries 120.000 200.000 Distributions costs 140.000 Customer-service costs 200.000

Sandpaper $ 4.000 Materials-handling cost 140.000 Lubricants and collants 10.000 Miscellaneous indirect manufacturing labor 80.000 Direct manufacturing labor 600.000 Direct materials, Jan. 1, 2022 80.000 Direct materials, Dec. 31.2022 100.000 Finished goods, Jan. 1, 2022 200.000 Finished googs, Dec. 31 2022 Work in process, Jan. 1, 2022 Work in process, Dec, 31, 2022 Plant-leasing costs Depreciation plant equipment Property taxes on plant equipment Fire insurance on plant equipment Direct materials purchased Revenues 300.000 20.000 28.000 108.000 72.000 8.000 6.000 920.000 2.720.000 Marketing promotions Marketing salaries 120.000 200.000 Distributions costs 140.000 Customer-service costs 200.000

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 8MC: What is the conversion cost to manufacture insulated travel cups if the costs are: direct materials,...

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