Exercise 5

 1- cost elements

Direct Material purchased  (D.M.)                250.000                    

Direct labor  (D.L.)                                          100.000

Factory overhead  (F.O.H)                              120.000

 2-Inventories;

Required;

calculating the following values:

1- Cost of goods sold.

2- prime cost.

3-Conversion cost.

Solution 5

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