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25.. 24) Wright Company reports production costs for 2012 as follows: 24) Direct materials used Direct labor incurred Manufacturing overhead incurred Operating expenses $375,000 $250,000
25..
24) Wright Company reports production costs for 2012 as follows: 24) Direct materials used Direct labor incurred Manufacturing overhead incurred Operating expenses $375,000 $250,000 $400,000 $145,000 How much are Wright Company's inventoriable product costs for 2009? A) $605,000 B) $975,000 C) $925,000 D) $1,025,000 25) At the beginning of 2011, the Taylor Company's work in process inventory account had a balance 25) of $30,000. During 2011, labor costs were incurred. Manufacturing overhead in 2011 amounted to manufactured was $220,000 in 2011. What is the ba 31, 2011? $90,000. The cost of goods lance in work in process inventory on December A) $34,000 B) $24,000 C) $66,000 D) $6,000 26) Selected data for Young Company for 2012 is presented below: 26) Direct labor incurred Indirect labor incurred Factory depreciation Factory utilities Indirect materials used Direct materials used Property taxes on factory building Sales commissions 30,000 21,000 5,000 7,000 2,000 12,000 3,000 What is the manufacturing overhead? B) S46000 A) $38,000 O) $50.0 27) Village Company's selected cost data for 2012 are shown b Cost of goods manufactured Work in process inventory,Jan. 1, 2012 Work in process inventory, Dec. 31, 2012Step by Step Solution
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