You are given the following Company Information Company L From the point of origin Direct materials 120.000 Purchases of direct materials 228000 Direct labour costs 610000 Direct cost initial cost 780000 The stock cost of direct materials is the amount?

You are given the following Company Information Company L From the point of origin Direct materials 120.000 Purchases of direct materials 228000 Direct labour costs 610000 Direct cost initial cost 780000 The stock cost of direct materials is the amount?

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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Concept explainers

Manufacturing Costs

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.

Question

14.

You are given the following Company Information Company L
From the point of origin Direct materials 120.000
Purchases of direct materials 228000
Direct labour costs 610000
Direct cost initial cost 780000

The stock cost of direct materials is the amount?

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