Answer:
$62,900
Explanation:
According to the situation, the solution is as follows
The prime cost is
= Raw material + direct labor
= $39,700 + $23,200
= $62,900
It is a combination of both the raw material and direct labor therefore calculating it we simply added the raw material and direct labor in order to determine the prime cost incurred during the month
Answer:
cost of goods available for sale= $4,060
Explanation:
Giving the following information:
Beginning inventory, January 1: 400 $3.00
Purchase, January 30: 300 3.40
Purchase, May 1: 460 4.00
<u>The cost of goods available for sale is the sum of the beginning inventory and the purchases of the period:</u>
<u></u>
cost of goods available for sale= beginning inventory + purchase
cost of goods available for sale= 400*3 + 300*3.4 + 460*4
cost of goods available for sale= $4,060
They have no record of crashing
Answer:
the answer to this question is true
