Interstate manufacturing produces brass fasteners and


Interstate Manufacturing produces brass fasteners and incurred the following costs for the year just ended:

Materials and supplies used:

Brass..................$75,000
Repair parts...............$16,000
Machine lubricants ..............$9,000
Wages and salaries Machine operators ...$128,000
Production supervisors ...........$64,000
Maintenance personnel ..........$41,000
Other factory overhead Variable .......$35,000
Fixed ..................$46,000
Sales commissions.............$20,000

Compute:

a.Total direct materials consumed
b. Total direct labor
c. Total prime cost
d. Total conversion cost

Solution Preview :

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Managerial Accounting: Interstate manufacturing produces brass fasteners and
Reference No:- TGS01280551

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