Solution-How much of these costs should be inventories

How much of these costs should be inventories

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Reference no: EM132986198

Question - Dexter's company's 2016 manufacturing costs were as follows:

Direct materials and direct labor 100,000

Depreciation of manufacturing equipment 70,000

Depreciation of factory building 40,000

Janitor's wages for cleaning factory premises 15,000

Required - How much of these costs should be inventories for external reporting purposes?

Reference no: EM132986198

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How much of these costs should be inventories

Reference no: EM132986198

Reference no: EM132986198

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