road ranger corporation began operations early in the year, building luxury moto
ID: 2364260 • Letter: R
Question
road ranger corporation began operations early in the year, building luxury motor homes. During the year, the company started and completed 50 motor homes at a cost of $60,000 per unit. of these, 48 were sold for $95,000 each and two remain in finished goods inventory. In addition, the company had six partially completed units in its factory at year end. Total cost for the year (summarized alphabetically) were as follows:Direct materials used $ 750,000
Direct Labor $ 900,000
income tax expense $ 100,000
general and administrative expenses $ 500,000
Manufacturing overhead $ 1,800,000
Selling expenses $ 500,000
instruction
compute the following for the current year.
a. Total manufacturing costs charged to work in progress during the period.
Explanation / Answer
THERE IS A QUESTION ABOUT NEVIS TOOLS INC FROM CHAPTER 16 MANAGEMENT ACCOUNTING: A BUSINESS PARTNER. CAN YOU PLEASE POST THE QUESTION. THANK YOU
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