Question

Use the following data to compute total factory overhead costs for the month: ales comm15510ns Direct labor Indirect materials Factory manager salaries Factory supplies Indirect labor Depreciation-office equipment Direct materials Corporate office salaries Depreciation-factory equipment $11,800 40,600 16,200 8,200 10,000 7,300 6,000 41,500 43,500 8,500 Multiple Cholce $150100. $132.300. $50,200.Mustang Corporation has accumulated the following accounting data for the month of April: Finished goods inventory, April 1 Finished goods inventory, April 30 Total cost of goods manufactured $ 31,400 25,600 119,200 The cost of goods sold for the year ls: Multiple Cholce $174.200 $113.400 $62,200. $125,000

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Answer

  • All working forms part of the answer
  • Answer #1

Factory Overhead are the indirect manufacturing expenses.

Correct Answer is Option #3 $ 50,200

Indirect Materials

$16,200

Factory manager salaries

$8,200

Factory Supplies

$10,000

Indirect Labor

$7,300

Depreciation Factory Equipment

$8,500

Total Factory Overheads

$50,200 = Answer

  • Answer #2

Correct Answer = Option #4: $ 125,000

Finished Goods April 1

$31,400

Cost of Goods manufactured

$119,200

Finished Goods April 30

($25,600)

Cost of Goods Sold

$125,000

Add a comment
Know the answer?
Add Answer to:
Use the following data to compute total factory overhead costs for the month: ales comm15510ns Direct...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Nixon Company has been experiencing significant turnover lately. The new hire needs your help in calculating...

    Nixon Company has been experiencing significant turnover lately. The new hire needs your help in calculating total factory overhead costs for the month. Sales commissions Direct labor Indirect materials Factory manager salaries Factory supplies Indirect labor Depreciation-office equipment Direct materials Corporate office salaries Depreciation-factory equipment $11,800 40,600 16,200 8,200 10,000 7,300 6,000 41,500 43,500 8,500 Multiple Choice $132,300 $50.200 $61300 Nixon Company has been experiencing significant turnover lately. The new hire needs your help in calculating total factory overhead costs...

  • Use the following data to compute total manufacturing costs for the month: Sales commissions Direct labor...

    Use the following data to compute total manufacturing costs for the month: Sales commissions Direct labor Indirect materials Factory manager salaries Factory supplies Indirect labor Depreciation office equipment Direct materials Corporate office salaries Depreciation-factory equipment $12,800 41,600 17,200 9,200 11,000 8,300 7,000 42,500 44,500 9,500 Ο $159,100. Ο $139,300. Ο $55,200. Ο $96,800. Ο $64,300.

  • Labels Actual factory overhead Depreciation of equipment Direct labor used Direct materials used Factory overhead applied...

    Labels Actual factory overhead Depreciation of equipment Direct labor used Direct materials used Factory overhead applied Factory rent Factory utilities Indirect labor Indirect materials Required information (The following information applies to the questions displayed below. Marcelino Co.'s March 31 inventory of raw materials is $84,000. Raw materials purchases in April are $550,000, and factory payroll cost in April is $382,000. Overhead costs incurred in April are: indirect materials, $58,000; indirect labor, $27,000; factory rent, $39,000; factory utilities, $24,000; and factory...

  • JUVENIL Suomi Rehnquist Company has hired a new intern. Help the intern calculate total manufacturing costs...

    JUVENIL Suomi Rehnquist Company has hired a new intern. Help the intern calculate total manufacturing costs for the month at Rehnquist Company Sales commissions Direct labor Indirect materials Factory manager salaries Pactory supplies Indirect labor Depreciation office equipment Direct materials Corporate office salaries Depreciation-factory equipment $10,900 39,700 15,300 7,300 9,100 6,400 5,100 40,600 42,600 7,600 Multiple Choice $58,600 $85,400. Next > 16 of 36 !!! < Prey

  • Almerinda Company estimates that total factory overhead costs will be $1,694,000 for the year. Direct labor...

    Almerinda Company estimates that total factory overhead costs will be $1,694,000 for the year. Direct labor hours are estimated to be 484,000. Required: A. For Almerinda Company, determine the predetermined factory overhead rate using direct labor hours as the activity base. B. During April, Almerinda Company accumulated 21,100 hours of direct labor costs on Job 50 and 25,200 hours on Job 51. Determine the amount of factory overhead applied to Jobs 50 and 51 in April. C. Prepare the journal...

  • Compute conversion costs given the following data: direct materials, $367,700; direct labor, $204,900; factory overhead, $217,900...

    Compute conversion costs given the following data: direct materials, $367,700; direct labor, $204,900; factory overhead, $217,900 and selling expenses, $40,600. a. $422,800 Ob. $177,300 Oc. $585,600 Od. $790,500

  • Kennedy Company reports the following costs and expenses in May. Factory utilities $ 16,500 Direct labor...

    Kennedy Company reports the following costs and expenses in May. Factory utilities $ 16,500 Direct labor $79,100 Depreciation on factory equipment 12,650 Sales salaries 48,400 Property taxes on factory building 2,500  Depreciation on delivery trucks 3,800       Indirect factory labor                                               48,900      Repairs to office equipment 1,300 Indirect materials                                                      70,800       Factory repairs                                                                  2,000 Direct materials used                                            157,600 Advertising                                                                       23,000 Factory manager's salary                                          8,000      Office supplies used                                                        4,640 Instructions From the information, determine the total amount of: (a)    Manufacturing overhead. (b)    Product costs. (c)    Period costs.

  • Coronado Company reports the following costs and expenses in May. Factory utilities $17,000 Direct labor $70,400...

    Coronado Company reports the following costs and expenses in May. Factory utilities $17,000 Direct labor $70,400 Depreciation on factory equipment 13,550 Sales salaries 50,700 Depreciation on delivery trucks 4,300 Property taxes on factory building 3,200 Indirect factory labor 53,200 Repairs to office equipment 2,400 Indirect materials 85,600 Factory repairs 2,960 Direct materials used 137,700 Advertising 15,600 Factory manager’s salary 8,700 Office supplies used 3,510 From the information: (a) Determine the total amount of manufacturing overhead. Manufacturing overhead $

  • Factory utilities $ 13,500 Direct labor $79,100 12,650 Depreciation on factory equipment Factory manager's salary 8,000...

    Factory utilities $ 13,500 Direct labor $79,100 12,650 Depreciation on factory equipment Factory manager's salary 8,000 Factory repairs 2,000 Indirect factory labor 48,900 2,640 Administrative office supplies used Indirect materials Sales salaries 48,400 Direct materials used 157,600 Advertising 23,000 How much is the manufacturing overhead in May? 1) $145,850 2) $36,150 3) $155,850 04) $158,490 Factory utilities $ 13,500 Direct labor $79,100 Depreciation on 12,650 Factory manager's factoryequipment salary Factory repairs 2,000 Indirect factory labor 48,900 Administrative office 2,640 supplies...

  • Exercise 15-4 Knight Company reports the following costs and expenses in May. Factory utilities Depreciation on...

    Exercise 15-4 Knight Company reports the following costs and expenses in May. Factory utilities Depreciation on factory equipment $16,100 14,350 $70,000 50,400 4,000 Direct labor Sales salaries Property taxes on factory building Repairs to office equipment Factory repairs Advertising Office supplies used Depreciation on delivery trucks Indirect factory labor Indirect materials Direct materials used Factory manager's salary 3,000 50,200 85,300 139,700 8,700 1,900 3,030 16,000 3,580 From the information: Determine the total amount of manufacturing overhead. Manufacturing overhead LINK TO...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT