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Bridges Corporation The following information has been taken from the cost records of...

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Accounting

Bridges Corporation

The following information has been taken from the cost records of Bridges Corporation for the past year:

Raw material purchases

$346

Total manufacturing costs charged to production during the year (includes direct material, direct labor, and overhead equal to 50% of direct labor cost)

711

Cost of goods available for sale

851

Selling and Administrative expenses

35

Inventories

Beginning

Ending

Raw Material

$80

$ 90

Work in Process

85

25

Finished Goods

80

105

5. Prime costs were:

a.

$586
b.

$742
c.

$581
d.

$816

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