What is given Cost of goods sold for the month ended July 31 was $345,000 Beginning inventories, July 1 Direct materials $20,000 Work in process $40,000 Finished goods $102,000 Purchases of direct materials during July $110,000 Ending invertories, July 31 Direct mateirals $26,000 Work in...

ABC Corporation manufactured a new electronic part for Apple’s new cell phone. In particular, it manufactured 100,000 of these parts for Apple’s order. ABC wants to calculate the job cost and the cost per part. For this particular job, direct materials were $250,000 and direct labor was...

ABC Corporation manufactured a new electronic part for Apple’s new cell phone. In particular, it manufactured 100,000 of these parts for Apple’s order. ABC wants to calculate the job cost and the cost per part. For this particular job, direct materials were $250,000 and direct labor was...

Requirement 4: If the company treats that part of fringe benefits relating to direct labor as added direct labor cost, how much of Mark's wages and fringe benefits for the week will be allocated to direct labor cost and manufacturing overhead cost? (Omit the "$" sign in your response.) ...