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Conversion costs are the expenses incurred when
turning raw materials into a product. Thus, conversion
costs are all manufacturing costs except
for the cost of raw materials.
Therefore, Option C $147800 is total conversion cost.
Labor Cost | 106900 |
Applied OH | 40900 |
Conversion Cost | 147800 |
In the manufacture of 9,900 units of a product, direct materials cost incurred was $171,000, direct...
In the manufacture of 9,800 units of a product, direct materials cost incurred was $174,900, direct labor cost incurred was $111,900, and applied factory overhead was $46,400. What is the total conversion cost? a. $158,300 b. $333,200 c. $174,900 d. $46,400
1.4286 points Save Answer In the manufacture of 10,000 units of product, direct materials cast incurred was 165.000 cabe costic 105.000, and applied factory overhead w $53.000 What is the total conversion cost? Formula: Dir. Labor + Fact OH a. 553,000 6.5323.000 C. $218.000 d. 5158,000
In the manufacture of 10,000 units of a product, direct materials cost incurred was $170,500, direct labor cost incurred was $108,000, and applied factory overhead was $49,200. What is the total conversion cost? a.$157,200 b.$49,200 c.$327,700 d.$170,500 The Thomlin Company forecasts that total overhead for the current year will be $11,136,000 with 196,000 total machine hours. Year to date, the actual overhead is $7,770,000 and the actual machine hours are 80,000 hours. The predetermined overhead rate based on machine hours...
Calculator When Job 117 was completed, direct materials totaled $13,328; direct labor, $20,222; and factory overhead, $12,410. A total of 1,915 units were produced at a per-unit cost of Oa. $1,915 Ob $45.960 Oc. $33,550 Od $24 Direct labor and direct materials are Oa. period costs and expensed when incurred Ob. product costs and expensed when incurred Oc: period costs and expensed when the goods are sold Od product costs and expensed when the goods are sold
When Job 117 was completed, direct materials totaled $42,754; direct labor, $54,414; and factory overhead, $32,390. A total of 3,926 units were produced at a per-unit cost of On: 533 Ob 53,926 Oc. $129,558 Od 597,166 Smith Company reports the following information: $68,250 Cost of goods manufactured Direct materials used Direct labor incurred Work in process inventory, January 1 27,000 25,000 11,000 Factory overhead is 75% of the cost of direct labor. Work in process inventory on December 31 is...
Instructions Instructions 10 pts Question 3 In the manufacture of 8,000 units of a product, direct materials cost incurred was $154,600, direct labor cost incurred was $84,000, and applied factory overhead was $45,500. What is the total conversion cost? $284,100 $129,500 $238,600 $154,600 • Previous Next acer Question 4 5 pts The Thomlin Company forecasts that total overhead for the current year will be $15,500,000 with 250,000 total machine hours. Year to date, the actual overhead is $ 16,000,000 and...
Direct materials purchased on account Direct materials requisitioned Direct labor cost incurred Factory overhead incurred Cost of goods completed Cost of goods sold Beginning direct materials inventory Beginning WIP inventory Beginning finished goods inventory Overhead application rate, as a percent of direct - labor costs $152,000 85,000 127,000 148,000 286.000 259,000 35,000 65,000 53,000 140 percent The ending balance of work-in-process inventory is O A. $413,000 O B. $454,800 OC. $168,800 OD. $127,000
Calculator Direct labor and direct materials are Oa. period costs and expensed when incurred Ob. product costs and expensed when incurred Oc. period costs and expensed when the goods are sold Od. product costs and expensed when the goods are sold
Dent Company incurred the following costs while producing 480 units direct materials. $14 per unit direct labor $25 per unit variable manufacturing overhead $13 per un total fed manufacturing overhead costs $7680 variable Selling and administrative costs $11 per un total fixed selling and administrative st. 54320. There are no beginning inventories What is the operating income using variable costing W 420 units are sold for 5120 each? OA $12.480 OB. 516.140 OC. 511520 OD. 523 520
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Mocha Company manufactures a single product by a continuous process, involving three production departments. The records indicate that direct materials, direct labor, and applied factory overhead for Department 1 were $100,000, $125,000, and $150,000, respectively. Work in process at the beginning of the period for Department 1 was $75,000, and work in process at the end of the period totaled $60,000. The records indicate that direct materials, direct labor, and applied factory overhead for Department...