cost accounting

francesmaldo · #1 Mar 14, 2008, 08:24 AM

how can I determine overhead cost and direct labor cost when the information given is

direct material biggining and ending month balance

work in process bigginning and ending month balance

finished goods begginning and ending month balance

I have cost of goods sold, amount of direct matrerial purchased during the month and that is.

Can anybody help me?

ms180sx · Mar 14, 2008, 09:57 AM

hmm,... man overhead and direct labor come in during the work in process. You can find those too togther, by taking the amount transfered into WIP + the begin WIP then subtract what was transfered to Finished goods.

post numbers to make it a bit easier.



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