Homework Answers
Solution:
Option (D) is correct Answer
Direct Material Used ($51,800 - $4,600) = $47,200
Direct labor = $77,400
Overhead applied ($77,400*140%) = $108,360
Total Manufacturing cost = $232,960
Beginning work in process = $30,600
Total Cost of work in process = $263,560
Less: Cost of goods manufactured = ($223,400)
Ending work in process = $40,160
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accounting class
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accounting class
Here is some basic data for Delta Manufacturing: Cost of materials purchases on account Cost of materials requisitioned (includes $2,000 of indirect) Direct labor costs incurred Manufacturing overhead costs incurred, including indirect materials Cost of goods completed Cost of goods sold Beginning raw materials inventory Beginning work in process inventory Beginning finished goods inventory Predetermined manufacturing overhead rate (as % of direct labor cost) $ 77,000 45,000 80,000 98,000 276,600 149,000 19,000 35,000 25,000 120% O A. credit...
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