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
Answer:
Total manufacturing cost = Direct material + Direct labor + Overhead applied
so Direct labor = Total manufacturing cost - Direct material and overhead applied
Total manufacturing cost | $ 866000 |
Less: Direct material | $ (208000) |
Less: Overhead applied | $ (184000) |
Total direct labor cost | $ 474000 |
Sunland Company developed the following data for the current year: Beginning work in process inventory $...
Crane Company developed the following data for the current year: $36000 Beginning work in process inventory Direct materials used Actual overhead Overhead applied Cost of goods manufactured Total manufacturing costs 208000 176000 184000 800000 756000 How much is Crane Company's direct labor cost for the year? $408000 $328000 $364000 $400000
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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
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...
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 $ 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...
Sunland Company reported the following year-end information: Beginning work in process inventory $1080000 Beginning raw materials inventory 300000 Ending work in process inventory 900000 Ending raw materials inventory 480000 Raw materials purchased 980000 Direct labor 920000 Manufacturing overhead 740000 Sunland Company's cost of goods manufactured for the year is $2280000. $2820000. $2460000. $2640000.
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