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ACC - Rexford Company

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Question;1-Jan31-JanFinished Goods125,000117,000Work in;process233,000251,000Raw Material132,000124,000The;following additional manufacturing data pertains to January operations.Raw material purchased192,000Direct;labor400,000Actual;manufacturing overhead165,000Acual selling;and adminstrative expenses115,000Rexford;Company applies manufacturing overhead at the rate of 60 percent of;direct-labor cost. Any overapplied or;unapplied manufacturing overhead is accumlated until the end of the year.What is the prime cost?Please sensure to explain your answer

 

Paper#41399 | Written in 18-Jul-2015

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