Solution-What was direct labor, As of December 31, 2020,

What was direct labor

Assignment Help Accounting Basics

Reference no: EM133018985

Question - X Company began manufacturing operations on January 1, 2020. The following information is for the year:

Direct materials purchased $6,179

Direct materials used 5,179

Direct labor ??

Overhead 19,392

Cost of goods sold 33,550

As of December 31, 2020, all jobs were finished, but there were three jobs that were still not sold, with costs totalling $1,096. What was direct labor in 2020?

Reference no: EM133018985

Questions Cloud

Provide proof showing that each set has outer measure : Define at least 5 sets A ? R such that |A| = 5. Provide proof or solution showing that each set has outer measure 5.

Determine the Nicola required production budget : The ending desired ending finished goods balance is 1000 units and beginning finished goods balance is 700 units. Determine Nicola required production budget

Prepare the journal entries to record overhead incurred : During 2021, the company incurred actual overhead of $571,200. Prepare the journal entries to record overhead incurred

Determine net cash flows from operating activities : PPE were bought for $5,000, a half of that amount was bought on credit. Determine net cash flows from operating activities

What was direct labor : As of December 31, 2020, all jobs were finished, but there were three jobs that were still not sold, with costs totalling $1,096. What was direct labor in 2020

What is the probability : The annual volatility of the stock is 32%, and analysts predict the expected price of the stock in a year will be $55. What is the probability

Determine total cost of May raw material purchases : Simple Manufacturing Company makes units that each requires 3 pounds of material at $4 per pound. Determine total cost of May raw material purchases

Explain why these functions are s-measurable : Provide proof or solution showing that each set has outer measure 5 - Give atleast 3 s-algebras on X.

Determine value of February Expected Cash Collections : Widget has sales budgeted as $180,000 for January and $260,000 for February. Determine value of February Expected Cash Collections

User Account

All Pages

What was direct labor

Reference no: EM133018985

Reference no: EM133018985

Questions Cloud

Reviews

Write a Review

Accounting Basics Questions & Answers

How much control does fed have over this longer real rate

Coures:- fundamental accounting principles

Accounting problems

Theory of interest - term structure of interest rates

Write a report on internal controls

Prepare the bank reconciliation for company

Cost-benefit analysis

Theory of interest

Liquidity and profitability

What is the expected risk premium on the portfolio

Simple interest and compound interest

Capm and venture capital

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT