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Minstrel Manufacturing uses a job order costing system. During one month, Minstrel purchased $194,000 of raw materials on credit; issued materials to production of $209,000
Minstrel Manufacturing uses a job order costing system. During one month, Minstrel purchased $194,000 of raw materials on credit; issued materials to production of $209,000 of which $16,000 were indirect. Minstrel incurred a factory payroll of $153,000, of which $26,000 was indirect labor. Minstrel uses a predetermined overhead rate of 150% of direct labor cost. The total manufacturing costs added during the period is: Multiple Choice o $510,500. o $591,500. o $575,500. o $526,500. c $549,500
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