Description of this paper

Wilson River Pty Ltd?s selected data for the month...

Description

Solution


Question

Wilson River Pty Ltd?s selected data for the month of August 2004 are presented below (in millions): Work-in-process inventory 1/8/2004 $ 200 Direct materials inventory 1/8/2004 90 Direct materials purchased 360 Direct materials used 375 Variable manufacturing overhead 250 Total manufacturing overhead 480 Total manufacturing costs 1,600 Cost of goods manufactured 1,650 Cost of goods sold 1,700 Finished goods inventory 1/8/2004 125 Calculate the following costs: 1. Direct materials inventory 31/8/2004 2. Fixed manufacturing overhead costs for August 3. Direct manufacturing labour costs for August 4. Work-in-process inventory 31/8/2004 5. Goods available for sale in August 6. Finished goods inventory 31/8/2004

 

Paper#11274 | Written in 18-Jul-2015

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