how do I calculate the overhead...
Homework Answers
Solution:
a. Raw materials purchased = $234,000
b. Cost of goods manufactured = $616,000
c. Cost of total manufacturing overhead cost = $608,000
Explanation:
a.
Raw materials purchased during the period = 234,000 which is already given in raw materials account
b.
Cost of goods manufactured during the period = 645000 + 15000 - 44000 = 616,000
c.
cost of total manufacturing overhead cost = Direct material + direct labour + Overhead
= 245000 + 165000 + 198000 * = 608,000
* Overhead = 198,000 = 616000 + 27000 - 35000 - 245000 - 165000
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