Question
In July, Noel & Vang Company purchased materials costing $23,100 and incurred direct labor cost of $19,800. Manufacturing overhead totaled $35,200 for the month. Information
In July, Noel & Vang Company purchased materials costing $23,100 and incurred direct labor cost of $19,800. Manufacturing overhead totaled $35,200 for the month. Information on inventories was as follows:
| July 1 | July 31 | |
| Materials | $6,820 | $7,810 |
| Work in process | 770 | 1,320 |
| Finished goods | 3,630 | 2,970 |
What was the total manufacturing costs in July?
| a. | $71,000 | ||
| b. | $50,000 | ||
| c. |
| ||
| d. | $77,110
|
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Accounting What The Numbers Mean
Authors: David Marshall, Wayne William McManus, Daniel Viele
7th Edition
0073011215, 9780073011219
