30. The following information has been collected from Harper Tools' accounting records for the month of April: Direct materials added to Work in Process Inventory $ 160,000 Indirect materials added to Manufacturing Overhead 40,000 Direct labor added to Work in Process Inventory 150,000 Indirect labor added to Manufacturing Overhead 65,000 Manufacturing overhead added to Work in Process Inventory 100,000 Depreciation Expense added to Manufacturing Overhead 50,000 Cost of Goods Sold 340,000 Cost of Goods Manufactured 380,000 What is the amount of the current manufacturing costs? A $410,000 . $565,000 $500,000 $550,000 In April, Walston Enterprises had the following results: Beginning finished goods inventory $17,400 Ending finished goods inventory $25,400 Sales $965,000 Gross Margin $450,000 31. 32. How much is cost of goods sold for April? A. $458,000 B. S515,000 $507.000 $423.000 Title Audio manufactures industrial sound systems and employs a job-order costing system. During June, Title Audio's transactions and accounts included the following: Raw materials purchased $126,000 Direct labor cost incurred 34,000 Total manufacturing overhead applied 42,100 Raw materials inventory, beginning 12,500 Raw materials inventory, ending 11,600 Finished goods inventory, beginning 10,400 Work in process inventory, beginning 13,000 Work in process inventory, ending 14,100 Total manufacturing overhead incurred 44,300 How much is the cost of direct materials issued to production during June? A. S126,900 B. $126,000 C. $125,100 D. None of these answer choices are correct 33. 34. Winslow Windows manufactures custom windows for high rise buildings and employs a job order costing system. During June, Winslow's transactions and accounts included the following: Raw materials purchased Direct labor cost incurred $106,000 Total manufacturing overhead applied 35,800 42.000 Raw materials inventory, beginning Raw materials inventory, ending 13,100 11.600 Finished goods inventory, beginning 9,000 Work in process inventory, beginning 13,000 Work in process inventory, ending 14,100 Total manufacturing overhead incurred 34,200 How much is the cost of goods manufactured for June? A. $185,300 B. $184,200 C. $182,600 D. $182,700 Dax Productions produces commercials for companies wishing to advertise on television. It uses job-order costing. Dax utilized annual estimates of overhead and machine hours in determining its overhead rate of $1.50 per machine hour. Data from the month of June is as follows: Factory rent $20,400 Direct labor $56,000 Factory depreciation $15,000 Administrative salaries $42.000 Indirect materials used in production $16,000 Direct materials used in production $11,500 Actual machine hours 10,000 Estimated machine hours 9,800 How much are total manufacturing costs added to work in process during the period? A. $67,500 B $151,500 C. $82,500 D. None of these answer choices are correct DynaMore applies overhead to each window cleaning job it provides to customers based on direct labor hours. Information concerning manufacturing overhead and labor for July follows: Estimated direct labor 5.000 hours @ $14.20 = $71,000 Direct labor incurred 5,100 hours @ $14.50 - $73,950 Estimated manufacturing overhead $269,800 Actual manufacturing overhead $281,400 How much is the predetermined overhead rate? A $3.80 B. $3.65 C. $53.96 D. $52.90 35
