BASIC COST CONCEPT REVIEW PART 2

The beginning finished goods inventory

• 30,000

• 5,000

• 25,000

• 15,000

The total direct labor cost

• 25,000

• 35,000

• 40,000

• 30,000

The ending materials inventory

• 10,000

• 5,000

• 15,000

• 20,000

The total cost of goods sold

• 140,000

• 135,000

• 200,000

• 160,000

The total prime cost

• 45,000

• 80,000

• 100,000

• 140,000

The total conversion cost

• 60,000

• 100,000

• 40,000

• 140,000