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Fundamentals of Cost Accounting 2nd Edition by William Lanen, Carolyn Wells, Michael Maher
Edition 2ISBN: 978-0077274993Fundamentals of Cost Accounting 2nd Edition by William Lanen, Carolyn Wells, Michael Maher
Edition 2ISBN: 978-0077274993 Exercise 3
Cost Concepts
The following information comes from the accounting records for Santa Cruz, Inc., for March:
Required
Compute, for the month of March:
a. Total prime costs.
b. Total conversion costs.
c. Total manufacturing costs.
d. Cost of goods manufactured.
e. Cost of goods sold.
The following information comes from the accounting records for Santa Cruz, Inc., for March:
Required
Compute, for the month of March:
a. Total prime costs.
b. Total conversion costs.
c. Total manufacturing costs.
d. Cost of goods manufactured.
e. Cost of goods sold.
Explanation
Verified
Verified
a.
Calculate Prime cost :
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Fundamentals of Cost Accounting 2nd Edition by William Lanen, Carolyn Wells, Michael Maher
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