Homework Sourseezto tpx 7500 11700 3900 5900 Solution1 Calculate cost of
ezto tpx $ 7,500 $ 11,700 $3,900 $ 5,900
Solution
1) Calculate cost of goods sold :
Cost of goods sold = 135*100 = 13500
b) Finished goods inventory at the end of may = (290-135)*100 = 15500
c) Work in process at the end of may = 0
| Beginning work in process | 7500 |
| Direct material | 11700 |
| Direct labour | 3900 |
| Manufacturing overhead applied | 5900 |
| Total cost | 29000 |
| Unit manufacturing | 290 |
| Cost per unit | 100 |
