The following costs relate to Antonio Industries for the last quarter: Conversion cost Direct materials Manufacturing overhead Selling and administrative expense 1. What is Antonio's prime cost for last quarter? P 435,000 215,000 190,000 185,000

The following costs relate to Antonio Industries for the last quarter: Conversion cost Direct materials Manufacturing overhead Selling and administrative expense 1. What is Antonio's prime cost for last quarter? P 435,000 215,000 190,000 185,000

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 1PA: The following product Costs are available for Haworth Company on the production of chairs: direct...

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Concept explainers

Manufacturing Costs

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.

Question

The following costs relate to Antonio Industries for the last quarter:
Conversion cost
Direct materials
Manufacturing overhead
Selling and administrative expense
1. What is Antonio's prime cost for last quarter?
a. P 460,000
b. P 410,000
c. P 405,000
d. P 375,000
P 435,000
215,000
190,000
185,000

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