Prime costs during the month totaled


Problem:

The following costs were incurred in March:

Direct materials                 35,000
Direct labor                       26,000
Manufacturing overhead     14,000
Selling expenses                 8,000
Administrative expenses    16,000

Prime costs during the month totaled:

(a) 75,000
(b) 61,000
(c) 40,000
(d) 99,000

Solution Preview :

Prepared by a verified Expert
Accounting Basics: Prime costs during the month totaled
Reference No:- TGS01937809

Now Priced at $20 (50% Discount)

Recommended (97%)

Rated (4.9/5)