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Minstrel Manufacturing uses a job order costing system. During one month, Minstrel purchased $193,000 of raw materials on credit; issued materials to production of $210,000
Minstrel Manufacturing uses a job order costing system. During one month, Minstrel purchased $193,000 of raw materials on credit; issued materials to production of $210,000 of which $15,000 were indirect. Minstrel incurred a factory payroll of $154,000, of which $25,000 was indirect labor. Minstrel uses a predetermined overhead rate of 150% of direct labor cost. The total manufacturing costs added during the period are:
Multiple Choice
- $555,000.
- $580,000.
- $532,500.
- $595,000.
- $517,500.
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