Rios Corporation reports costs for the year as follows: Direct Materials Used $465,000 Wages to Line Workers 240,000 Office Rent 72,500 Indirect Materials Used 480,000 How much is the total product costs for the year? A. $1,257,500 B. $1,185,000 C. $705,000 D. $480,000
Rios Corporation reports costs for the year as follows: Direct Materials Used $465,000 Wages to Line Workers 240,000 Office Rent 72,500 Indirect Materials Used 480,000 How much is the total product costs for the year? A. $1,257,500 B. $1,185,000 C. $705,000 D. $480,000
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter2: Basic Cost Management Concepts
Section: Chapter Questions
Problem 23E: Orinder Company provided the following information for the last calendar year: During the year,...
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Question
Rios Corporation reports costs for the year as follows:
Direct Materials Used
|
$465,000
|
Wages to Line Workers
|
240,000
|
Office Rent
|
72,500
|
Indirect Materials Used
|
480,000
|
How much is the total product costs for the year?
$1,257,500
$1,185,000
$705,000
$480,000
Click
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