Homework Answers
Direct labor cost = Total manufacturing cost-Direct material used-Overhead applied
= 756000-208000-184000
Direct labor cost = 364000
So answer is c) $364000
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Crane Company developed the following data for the current year: $36000 Beginning work in process inventory...
Sunland Company developed the following data for the current year: Beginning work in process inventory $...
Sunland Company developed the following data for the current year: Beginning work in process inventory $ 156000 Direct materials used 208000 Actual overhead 176000 Overhead applied 184000 Cost of goods manufactured 910000 Total manufacturing costs 866000 How much is Sunland Company's direct labor cost for the year? $518000 $318000 $474000 $630000
Bonita Industries developed the following data for the current year: Beginning work in process inventory $160000...
Bonita Industries developed the following data for the current
year:
Beginning work in process
inventory
$160000
Direct materials used
64000
Actual overhead
208000
Overhead applied
136000
Cost of goods manufactured
184000
Total manufacturing costs
480000
Bonita Industries's direct labor cost for the year is
$184000.
$280000.
$72000.
$136000.
ES Multiple Choice Question 118 Bramble Corp. developed the following data for the current year: 1...
ES Multiple Choice Question 118 Bramble Corp. developed the following data for the current year: 1 3 9 5 3 $ 66000 208000 176000 Beginning work in process inventory Direct materials used Actual overhead Overhead applied Cost of goods manufactured Total manufacturing costs 184000 830000 786000 How much is Bramble Corp.'s direct labor cost for the year? 0 $460000 O $438000 dy O $394000 O $328000
Multiple Choice Question 119 Bonita Industries developed the following data for the current year: Beginning work...
Multiple Choice Question 119 Bonita Industries developed the following data for the current year: Beginning work in process inventory Direct materials used Actual overhead Overhead applied Cost of goods manufactured Total manufacturing costs $ 96000 208000 176000 184000 860000 816000 How much is Bonita Industries's ending work in process inventory for the year? O $52000 O $124000 O $444000 O $372000 Multiple Choice Question 121 Concord Corporation had the following information at December 31: Finished goods inventory, January 1 Finished...
Sunland Company developed the following data for the current year: Beginning work in process inventory $250000...
Sunland Company developed the following data for the current year: Beginning work in process inventory $250000 Direct materials used 144000 288000 Actual overhead Overhead applied 216000 Cost of goods manufactured 264000 Total manufacturing costs 730000 Sunland Company's direct labor cost for the year is $288000. $216000 $72000 $370000
Payne Company developed the following data for the current year: Beginning work in process inventory $...
Payne Company developed the following data for the current year: Beginning work in process inventory $ 68,000 Direct materials used 104,000 Actual overhead 88,000 Overhead applied 92,000 Cost of goods manufactured 450,000 Total manufacturing costs 428,000 1. How much is Payne Company's direct labour cost for the year? 2. How much is Payne Company's ending work in process inventory for the year?
Greer Company developed the following data for the current year: Beginning work in process inventory $...
Greer Company developed the following data for the current year: Beginning work in process inventory $ 102,000 Direct materials used 156,000 Actual overhead 132,000 Overhead applied 138,000 Cost of goods manufactured 675,000 Total manufacturing costs 642,000 How much is Greer Company's ending work in process inventory for the year? Is the Manufacturing Overhead Overapplied or Underapplied and by how much? Record the journal entry for Over/Under applied OH for this problem. What account will the COGM of $675,000 be transferred...
Hayward Manufacturing Company developed the following data: Beginning work in process inventory $1,000,000 Direct materials used...
Hayward Manufacturing Company developed the following data: Beginning work in process inventory $1,000,000 Direct materials used 700,000 Actual overhead 1,100,000 Overhead applied 800,000 Cost of goods manufactured 1,400,000 Ending work in process 1,600,000 Hayward Manufacturing Company's total manufacturing costs added to work in process during the period is $3,000,000 O $2,000,000 $1,200,000 $800,000
1. Bu Hao Lao Shu Company developed the following data for the current year: Beginning Work...
1. Bu Hao Lao Shu Company developed the following data for the current year: Beginning Work in Process (BI, WIP) Direct materials used (DM) Actual overhead (OH) Overhead applied (est OH) Cost of goods manufactured (CGM) Total manufacturing costs (TMC) $120,000 72,000 144,000 108,000 132,000 360,000 Bu Hao Lao Shu Company's Ending Work in Process (EI, WIP) inventory is A) $348,000. B) $240,000. C) $228,000. D) $108,000. 2. Lao Shu Mfg. provided the following information from its accounting records for...
Mesquite Manufacturing Company developed the following data: Beginning work in process $ 60,000 inventory Direct materials...
Mesquite Manufacturing Company developed the following data: Beginning work in process $ 60,000 inventory Direct materials used 360,000 Actual overhead 420,000 Overhead applied 405,000 Cost of goods manufactured 960,000 Ending work in process 45,000 How much are total manufacturing costs for the period? O a) $945,000 b) $1,185,000 c) $825,000 d) $915,000
Bonita Industries developed the following data for the current
year:
Beginning work in process
inventory
$160000
Direct materials used
64000
Actual overhead
208000
Overhead applied
136000
Cost of goods manufactured
184000
Total manufacturing costs
480000
Bonita Industries's direct labor cost for the year is
$184000.
$280000.
$72000.
$136000.
ES Multiple Choice Question 118 Bramble Corp. developed the following data for the current year: 1 3 9 5 3 $ 66000 208000 176000 Beginning work in process inventory Direct materials used Actual overhead Overhead applied Cost of goods manufactured Total manufacturing costs 184000 830000 786000 How much is Bramble Corp.'s direct labor cost for the year? 0 $460000 O $438000 dy O $394000 O $328000
Multiple Choice Question 119 Bonita Industries developed the following data for the current year: Beginning work in process inventory Direct materials used Actual overhead Overhead applied Cost of goods manufactured Total manufacturing costs $ 96000 208000 176000 184000 860000 816000 How much is Bonita Industries's ending work in process inventory for the year? O $52000 O $124000 O $444000 O $372000 Multiple Choice Question 121 Concord Corporation had the following information at December 31: Finished goods inventory, January 1 Finished...
Sunland Company developed the following data for the current year: Beginning work in process inventory $250000 Direct materials used 144000 288000 Actual overhead Overhead applied 216000 Cost of goods manufactured 264000 Total manufacturing costs 730000 Sunland Company's direct labor cost for the year is $288000. $216000 $72000 $370000
Hayward Manufacturing Company developed the following data: Beginning work in process inventory $1,000,000 Direct materials used 700,000 Actual overhead 1,100,000 Overhead applied 800,000 Cost of goods manufactured 1,400,000 Ending work in process 1,600,000 Hayward Manufacturing Company's total manufacturing costs added to work in process during the period is $3,000,000 O $2,000,000 $1,200,000 $800,000
Mesquite Manufacturing Company developed the following data: Beginning work in process $ 60,000 inventory Direct materials used 360,000 Actual overhead 420,000 Overhead applied 405,000 Cost of goods manufactured 960,000 Ending work in process 45,000 How much are total manufacturing costs for the period? O a) $945,000 b) $1,185,000 c) $825,000 d) $915,000
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