WebGreen Company's costs for the month of August were as follows: Direct materials $27,000 Direct labor $24,000 Sales salaries $14,000 Indirect labor $10,000 Indirect materials … Web11 the high low method of cost esimaion, the total ixed cost are a, c, b, d, 12 variable cost per unit is a. c. b. d. Last year, Abner Company incurred the following costs Direct materials P50, Direct labor 20, Factory overhead 130, Selling expense 40, Administraive expense 36, Units produced and sold 10,000 units at a price P each 13.
Assignment 2 - sfsf - MULTIPLE CHOICE Indirect material cost
Web9 mrt. 2024 · Prime cost is the aggregate of direct material cost, direct labor cost, and direct expenses. It is also known as ‘flat cost,’ ‘first cost,’ or ‘direct cost.’ Once the cost … Web1 dec. 2024 · The prime cost to produce the table is $350 ($200 for the raw materials + (50 x 3 hours of labor = $150 in direct labor). To generate a profit, the table's price should be … progressive era newspaper headlines
Cost Accounting - Quiz 2 Cost Behavior Analysis 1. Direct materials …
WebThe total of direct costs is known as the prime cost. Indirect costs. Indirect costs are costs which cannot be directly identified with aspecific cost unit or cost centre. Examples of indirect costs includethe following: indirect materials – these include materials that cannot be traced to an individual shirt, for example, cotton WebMaterials put into production amounts to P300, 000, 75% were direct materials DM = 225 000 IDM = 75 000 (No beginning or ending materials inventory) Labor costs were P350, 000, 40% was for indirect labor DM = 210 000 IDM = 140 000 Factory overhead costs other than indirect material and indirect labor were the following: Heat, light, water … Web9 jun. 2024 · The wage of a timekeeper in the factory would be classified as a. prime cost b. direct labor c. indirect labor d. administrative expense; ... (30,000) 90, Direct Labor 60, Prime Cost 150, Direct Materials Purchases 430, Less: Increase in raw materials 15,000 415, Direct Labor 200, Factory Overhead 300, Manufacturing Cost 915, Add ... progressive era meat packing industry