Answer to Question #63379 in Management for abdisalam

Question

a) Some selected sales and costs data for job order 515 are given below
SHS
Direct materials used 100,000
Direct labor 150,000
Factory overhead
(all indirect, 40% variable) 75,000
Selling and administration expenses
(50% direct, 60% variable) 120,000
Compute the following:
i) Prime cost
ii) Conversion cost
iii) Direct cost
iv) Indirect cost