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...
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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..
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..
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