The southeastern companys manufacturing costs for the, Ask an Expert

Accounting

The Southeastern Company's manufacturing costs for the third quarter of 2008 were as follows:

Depreciation and direct labor		$700,000
Other variable manufacturing costs		$100,000
Depreciation of factory building and manufaxcturing equipment		$80,000
Other fixed manufacturing costs		$18,000

What amount should be considered product costs for external reporting purposes?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9795453

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