Reference no: EM132562664
Leslie Manufacturing reported the following:
Revenue $450,000
Beginning inventory of direct materials, January 1, 2015 20,000
Purchases of direct materials 156,000
Ending inventory of direct materials, December 31, 2015 18,000
Direct manufacturing labor 21,000
Indirect manufacturing costs 42,000
Beginning inventory of finished goods, January 1, 2015 40,000
Cost of goods manufactured 114,000
Ending inventory of finished goods, December 31, 2015 45,000
Operating costs 150,000
Question 1: How much of the above would be considered period costs for Leslie Manufacturing?
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How much of the above would be considered period costs
: How much of the above would be considered period costs for Leslie Manufacturing? Ending inventory of direct materials, December 31, 2015 18,000
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