The following costs were incurred in June

by | Mar 18, 2020 | Uncategorized

  

The following costs were incurred in June:

Direct Materials $25,000

Direct Labor $20,000

Manufacturing (Factory) Overhead $25,000

Selling and Administrative Expenses $40,000

1- What is the amount of the prime costs?

2- What is the amount of the period costs?

3- What is the amount of the conversion costs?

4- What is the amount of the product costs?

  

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