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Martin Enterprises Inventories: April 1 April 30 Raw material $20,000 $17,000 Work in process 12,000 8,000...

Martin Enterprises

Inventories: April 1 April 30
Raw material $20,000 $17,000
Work in process 12,000 8,000
Finished goods 30,000 39,000
Additional information for April:
Raw material purchased $45,000
Direct labor payroll $36,000
Direct labor rate per hour $8.00
Overhead rate per direct labor hour $10.00


Refer to Martin Enterprises. For April, prime cost incurred was

Select one:

a. $45,000.

b. $84,000

c. $78,000.

d. $51,000.

Refer to Martin Enterprises. For April, Cost of Goods Manufactured was

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Answer #1

Prime Cost $84000 (i.e.Option B)

Cost of Goods Manufactured $133000

please refer the working below:-

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