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Tanzania [10]
3 years ago
14

The following costs were incurred in May: Direct materials Direct labor Manufacturing overhead Selling expenses Administrative e

xpenses $33,000 $13,000 $ 23,000 $16,000 $34,000 Prime costs during the month totaled: $36,000 $46,000 оооо $69,000 $119,000
Business
1 answer:
Kaylis [27]3 years ago
6 0

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Direct materials= 33,000

Direct labor= 13,000

Manufacturing overhead= 23,000

The prime cost is the sum of total direct material and total direct labor. The conversion cost is the sum of direct labor and allocated overhead.

Prime cost= direct material + direct labor

Prime cost= 33,000 + 13,000= $46,000

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  • As a result of poor demand for the products
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2 years ago
What are the three main forms of legal ownership of a business
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4 0
3 years ago
To encourage employee ownership of the company's common shares, KL Corp. permits any of its employees to buy shares directly fro
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Answer:

$22,500

Explanation:

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Therefore KL will record compensation expense associated with the May purchases of $22,500

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Your firm has the opportunity to invest $90,000 in a new project opportunity but due to cash flow concerns, your boss wants to k
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Complete solution in tabular form  is given below:

4 0
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Answer:

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