Total manufacturing cost=Direct materials+Direct labor+Manufacturing overhead
350,000=98,000+Direct labor+116,000
Direct labor=350,000-98,000-116,000
=$136,000
Question 9 Sheridan Company reported total manufacturing costs of $350000, manufacturing overhead totaling $98000, and direct...
Question 7 Vaughn Manufacturing reported the following year-end information: $1080000 300000 900000 Beginning work in process inventory Beginning raw materials inventory Ending work in process inventory Ending raw materials inventory Raw materials purchased Direct labor Manufacturing overhead 480000 9200000 820000 790000 Vaughn Manufacturing's cost of goods manufactured for the year is 0 $10450000. O $10990000. O $10810000. 0 $10630000. Question 8 Concord Corporation's accounting records reflect the following inventories: Raw materials inventory Work in process inventory Finished goods inventory Dec....
Question 11 Sheffield Corp. reported total manufacturing costs of $270000, manufacturing overhead totaling $47000, and direct materials totaling $59000. How much is direct labor cost? O $211000. $164000. Cannot be determined from the information provided. O $223000. Click if you would like to Show Work for this question: Open Show Work
Bonita Industries reported total manufacturing costs of $650000, manufacturing overhead totaling $88000, and direct materials totaling $106000. How much is direct labor cost? $544000. $456000. $844000. Can not be determined from the information provided.
Roprin Co. reported total manufacturing costs of $130,000, manufacturing overhead totaling $26,000, and direct materials totaling $32,000. How much is direct labor costs?
Which of the following is not an element of manufacturing overhead? o Factory repairman's wages. Plant manager's salary. Sales manager's salary. O Product inspector's salary. Marigold Corp. reported the following year-end information: $1080000 300000 Beginning work in process inventory Beginning raw materials inventory Ending work in process inventory Ending raw materials inventory Raw materials purchased Direct labor Manufacturing overhead 900000 480000 1020000 820000 820000 Marigold Corp.'s cost of goods manufactured for the year is $2480000. O $2840000. $2660000. O $2300000....
Sheridan Company applies overhead on the basis of 200% of direct labor cost. Job No. 305 is charged with $90000 of direct materials costs and $500000 of manufacturing overhead. The total manufacturing costs for Job No. 305 is: $590000 $840000 $1090000 $680000
Multiple Choice Question 99 Oriole's Manufacturing Company can make Direct Materials Direct Labor Variable Overhead Fixed Overhead 100 units of a necessary component part with the following costs $116000 21000 47000 30000 If Oriole's Manufacturing Company purchases the component externally, $20000 of the fixed costs can be avoided. What is the maximum amount Oriole is willing to pay to purchase the 100 units? $194000 O $214000
Sheridan Company estimates that annual manufacturing overhead costs will be $902,000. Estimated annual operating activity bases are direct labor cost $400,000, direct labor hours 40,000, and machine hours 100,000. Compute the predetermined overhead rate for each activity base. (Round answers to 2 decimal places, eg. 10.50) Overhead rate per direct labor cost Overhead rate per direct labor hour $ Overhead rate per machine hour Coronado Company uses a job order cost system and applies overhead to production on the basis...
A Company incurred direct materials costs of $85000 during the year. Manufacturing overhead applied was $80000 and is applied based on direct labor costs. The predetermined overhead rate is 80%. How much are the Company’s total manufacturing costs for the year? X Your answer is incorrect. Swifty Company incurred direct materials costs of $85000 during the year. Manufacturing overhead applied was $80000 and is applied based on direct labour costs. The predetermined overhead rate is 80%. How much are Swifty...
Sheridan Company uses a job order cost system and applies overhead to production on the basis of direct labor costs. Un January 1, 2020, Job 50 was the only job in process. The costs incurred prior to January 1 on this job were as follows: direct materials $ 23,600 direct labor $ 14.160 and manufacturing overhead $ 18,880. As of January 1, Job 49 had been completed at a cost of $ 106,200 and was part of finished goods inventory....