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Business, 21.09.2021 23:00 chevysilveradofixit
The following information comes from the accounting records for Chelsea, Inc., for May. Direct materials inventory, May 1 $ 18,900 Direct materials inventory, May 31 14,700 Work-in-process inventory, May 1 8,100 Work-in-process inventory, May 31 5,800 Finished goods inventory, May 1 54,900 Finished goods inventory, May 31 71,800 Direct materials purchased during May 83,300 Direct labor costs, May 60,300 Manufacturing overhead, May 79,700 Required: a. Compute the total prime costs for the month of May. b. Compute the total conversion costs for the month of May. c. Compute the total manufacturing costs for the month of May. d. Compute the cost of goods manufactured for the month of May. e. Compute the cost of goods sold for the month of May.
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The following information comes from the accounting records for Chelsea, Inc., for May. Direct mater...
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