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Petzke Perfumes started the month with Raw Material inventories of $45,000, during the month they made purchases of $139,000 and finished the month with$31,000 in Raw Materials. Work in Process (WIP) was $20,000 on the 1st of the month and $15,000 on the last day of the month. Finished goods inventory opened with a balance of $56,000 and closed with $35,000. Direct labour is charged at $20 per hour and 1,500 hours were worked during the month. Manufacturing overhead is applied using normal costing at the rate of $36 per direct labour hour.
Petzke Perfumes conversion costs for the month were?
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Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..
Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.
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