Question
1/ Use the following data to compute total manufacturing costs for the month: Sales commissions $ 11,000 Direct labor 39,800 Indirect materials 15,400 Factory manager
1/ Use the following data to compute total manufacturing costs for the month:
Sales commissions | $ | 11,000 | |
Direct labor | 39,800 | ||
Indirect materials | 15,400 | ||
Factory manager salaries | 7,400 | ||
Factory supplies | 9,200 | ||
Indirect labor | 6,500 | ||
Depreciationoffice equipment | 5,200 | ||
Direct materials | 40,700 | ||
Corporate office salaries | 42,700 | ||
Depreciationfactory equipment | 7,700 | ||
Multiple Choice
$142,900.
$126,700.
$46,200.
$86,000.
$58,900.
2/ Using the information below for Laurels Company; determine the cost of goods manufactured during the current year:
Direct materials used | $ | 5,500 | |
Direct Labor | 7,500 | ||
Total Factory overhead | 5,600 | ||
Beginning work in process | 3,500 | ||
Ending work in process | 5,000 | ||
Multiple Choice
$15,100.
$17,100.
$20,100.
$13,000.
$18,600.
3/ manufacturing company has a beginning finished goods inventory of $14,800, raw material purchases of $18,200, cost of goods manufactured of $32,900, and an ending finished goods inventory of $18,000. The cost of goods sold for this company is:
Multiple Choice
$47,700.
$32,900.
$29,700.
$21,400.
$28,000.
4/ Romeo Corporation has accumulated the following accounting data for the year:
Finished goods inventory, January 1 | $ | 3,900 |
Finished goods inventory, December 31 | 4,700 | |
Total cost of goods sold | 5,600 | |
The cost of goods manufactured for the year is:
Multiple Choice
$6,400.
$1,700.
$10,300.
$900.
$9,500.
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