Question
1.) If the cost of the beginning work in process inventory is $56,000, direct materials cost is $346,000, direct labor cost is $212,000, and overhead
1.) If the cost of the beginning work in process inventory is $56,000, direct materials cost is $346,000, direct labor cost is $212,000, and overhead cost is $315,000, and the ending work in process inventory is $51,000, calculate the cost of goods manufactured:
$980,000.
$563,000.
$873,000.
$878,000.
$929,000.
2.)
Using the information below for Laurels Company; determine the manufacturing costs added during the current year: |
Direct materials used | $ 6,900 |
Direct labor | 8,900 |
Total Factory overhead | 7,000 |
Beginning work in process | 4,900 |
Ending work in process | 7,800 |
$22,800.
$19,300.
$19,900.
$15,800.
$25,700.
3.)
Using the information below for Sundar Company; determine the total manufacturing costs added during the current year:
Direct materials used | $19,200 |
Direct labor used | 24,700 |
Factory overhead | 54,100 |
Beginning work in process | 10,900 |
Ending work in process | 11,500 |
$98,000.
$43,900.
$97,400.
$43,300.
$78,200.
4.)
Craigmont Company's direct materials costs are $3,900,000, its direct labor costs total $7,810,000, and its factory overhead costs total $5,810,000. Its conversion costs total:
$11,710,000.
$9,710,000.
$13,620,000.
$5,900,000.
$17,520,000.
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