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View Full Version : Calculate the cost of services sold


kimmie17
Jan 24, 2010, 09:54 PM
# of designs completed and sold - 700
Beginning inventory of direct materials - $20,000
Beginning inventory of designs in process - $60,000
Ending inventory of direct materials - $0
Ending inventory of designs in process - $100,000
Purchases, direct materials - $40,000
Direct labor - $800,000
Manufacturing overhead - $100,000
Admin. Exp. - $150,000
Selling Exp. - $60,000

Calculate the cost of services sold.

morgaine300
Jan 26, 2010, 06:31 PM
Please see the guidelines on posting homework problems:
https://www.askmehelpdesk.com/finance-accounting/announcement-font-color-ff0000-u-b-read-first-expectations-homework-help-board-b-u-font.html