The controller at Emporia Precision Parta aska for your help in sorting out some coat information. She is called to a meeting, but hands you the following information for June: Prime costs, June Total manufacturing costs, June $188,000 298,000 Cost of goods manufactured, June 300,000 Cost of goods sold, June 269,000 Direct material inventory, June 30 Work-in-process inventory, June 1 36,000 45,000 Finished goods inventory, June 30 110,000 Direct materials purchased, June Direct labor costs, June 125,000 95,000 Compute for the month of June: 2. Direct materials used, June. b. Direct material inventory, June 1..
The controller at Emporia Precision Parta aska for your help in sorting out some coat information. She is called to a meeting, but hands you the following information for June: Prime costs, June Total manufacturing costs, June $188,000 298,000 Cost of goods manufactured, June 300,000 Cost of goods sold, June 269,000 Direct material inventory, June 30 Work-in-process inventory, June 1 36,000 45,000 Finished goods inventory, June 30 110,000 Direct materials purchased, June Direct labor costs, June 125,000 95,000 Compute for the month of June: 2. Direct materials used, June. b. Direct material inventory, June 1..
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter2: Basic Cost Management Concepts
Section: Chapter Questions
Problem 15E: LeMans Company produces specialty papers at its Fox Run plant. At the beginning of June, the...
Related questions
Question
No Wrong Answer
![The controller at Emporia Precision Parta aska for your help in sorting out some coat information. She is called to a meeting, but hands you the following information for June:
Prime costs, June
Total manufacturing costs, June
$188,000
298,000
Cost of goods manufactured, June
300,000
Cost of goods sold, June
269,000
Direct material inventory, June 30
Work-in-process inventory, June 1
36,000
45,000
Finished goods inventory, June 30
110,000
Direct materials purchased, June
Direct labor costs, June
125,000
95,000
Compute for the month of June:
2. Direct materials used, June.
b. Direct material inventory, June 1..](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb9f76f92-7201-412e-8a2e-c503c9c203eb%2F00a3eb58-49f7-4731-938b-bfa80ba8a9e4%2F92ds25_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The controller at Emporia Precision Parta aska for your help in sorting out some coat information. She is called to a meeting, but hands you the following information for June:
Prime costs, June
Total manufacturing costs, June
$188,000
298,000
Cost of goods manufactured, June
300,000
Cost of goods sold, June
269,000
Direct material inventory, June 30
Work-in-process inventory, June 1
36,000
45,000
Finished goods inventory, June 30
110,000
Direct materials purchased, June
Direct labor costs, June
125,000
95,000
Compute for the month of June:
2. Direct materials used, June.
b. Direct material inventory, June 1..
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Recommended textbooks for you
![Cornerstones of Cost Management (Cornerstones Ser…](https://www.bartleby.com/isbn_cover_images/9781305970663/9781305970663_smallCoverImage.gif)
Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning
![Principles of Cost Accounting](https://www.bartleby.com/isbn_cover_images/9781305087408/9781305087408_smallCoverImage.gif)
Principles of Cost Accounting
Accounting
ISBN:
9781305087408
Author:
Edward J. Vanderbeck, Maria R. Mitchell
Publisher:
Cengage Learning
![Managerial Accounting](https://www.bartleby.com/isbn_cover_images/9781337912020/9781337912020_smallCoverImage.jpg)
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub
![Cornerstones of Cost Management (Cornerstones Ser…](https://www.bartleby.com/isbn_cover_images/9781305970663/9781305970663_smallCoverImage.gif)
Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning
![Principles of Cost Accounting](https://www.bartleby.com/isbn_cover_images/9781305087408/9781305087408_smallCoverImage.gif)
Principles of Cost Accounting
Accounting
ISBN:
9781305087408
Author:
Edward J. Vanderbeck, Maria R. Mitchell
Publisher:
Cengage Learning
![Managerial Accounting](https://www.bartleby.com/isbn_cover_images/9781337912020/9781337912020_smallCoverImage.jpg)
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College
![Managerial Accounting: The Cornerstone of Busines…](https://www.bartleby.com/isbn_cover_images/9781337115773/9781337115773_smallCoverImage.gif)
Managerial Accounting: The Cornerstone of Busines…
Accounting
ISBN:
9781337115773
Author:
Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:
Cengage Learning