Question
JobBeginning BalanceDirect Materials added during March Direct Labor added during March Direct Labor Hours added during March 134 $118,700 $4,000$8,400150158 121,6502,60012,140390212 21,80086,60036,8003,480287 34,25071,60031,9002,770301 19,10021,8951,370Total $296,400$183,900$111,1358,160
JobBeginning
BalanceDirect Materials
added during
March
Direct Labor
added during
March
Direct Labor Hours
added during
March
134
$118,700
$4,000$8,400150158
121,6502,60012,140390212
21,80086,60036,8003,480287
34,25071,60031,9002,770301
19,10021,8951,370Total
$296,400$183,900$111,1358,160
Jobs 134 and 158 were started in January, Jobs 212 and 287 were started in February, and Job 301 was started in March. During March, workers completed Jobs 134, 158, and 212. Jobs 134 and 212 were delivered to customers during March.
Actual overhead for the month of March was $177,000. The manufacturing overhead account is disposed of annually, not monthly.
Calculate the total manufacturing cost for March.
Total Manufacturing Cost$
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Financial Statement Analysis And Security Valuation
Authors: Stephen H Penman
4th Edition
0073379662, 9780073379661
