The yearly costs of goods sold by a small company are $1.3 million dollars. Their overhead costs are $0.6 million a year
Posted: Thu Apr 28, 2022 12:21 pm
The yearly costs of goods sold by a small company are
$1.3 million dollars. Their overhead costs are
$0.6 million a year. Direct labor costs are 73% of direct
costs.
a) What is the direct cost per year?
b) What is the direct material costs per year?
Please explain any formulas used and how you derived the
answer.
$1.3 million dollars. Their overhead costs are
$0.6 million a year. Direct labor costs are 73% of direct
costs.
a) What is the direct cost per year?
b) What is the direct material costs per year?
Please explain any formulas used and how you derived the
answer.