FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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artwell Inc. makes picture frames which are sold in a local retail store and through various websites.
Wood for frames $ 16,500
Rent for retail store 4,300
Assembly worker wages 2,650
CEO's salary 4,150
Glue and nails 850
Online sales commissions 2,100
Glass for frames 6,600
Depreciation on factory equipment 1,250
Factory utilities 700
Stain for frames 750
8. Determine the total prime cost.
9. Determine the total conversion cost.
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