Business, 07.10.2021 04:00 tporter00

The following information comes from the accounting records for Chelsea, Inc., for May. Direct materials inventory, May 1 $ 17,100 Direct materials inventory, May 31 15,600 Work-in-process inventory, May 1 9,400 Work-in-process inventory, May 31 5,800 Finished goods inventory, May 1 53,500 Finished goods inventory, May 31 72,600 Direct materials purchased during May 84,200 Direct labor costs, May 59,300 Manufacturing overhead, May 80,400 Required: a. Compute the total prime costs for the month of May. b. Compute the total conversion costs for the month of May. c. Compute the total manufacturing costs for the month of May. d. Compute the cost of goods manufactured for the month of May. e. Compute the cost of goods sold for the month of May.

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The following information comes from the accounting records for Chelsea, Inc., for May. Direct mater...

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