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Multiple Choice - 10 Marks 1. Spencer Inc's manufacturing overhead (MOH) is 60% of conversion costs. During September Spencer Inc had the following costs: Direct
Multiple Choice - 10 Marks 1. Spencer Inc's manufacturing overhead (MOH) is 60% of conversion costs. During September Spencer Inc had the following costs: Direct Materials: $65,000 Direct Labour: $90,000 What is the amount of manufacturing overhead? 1 a) $45,000 b) $155,000 c) $135,000 d) None of the above 2. Helen Inc had the following ending account balances for the month of September: Gross Margin: $800,000 Beginning Finished Goods Inventory: $90,000 Sales: $1,200,000 Ending Finished Goods Inventory: $75,000 What is the Cost of Goods Manufactured (COGM)? a) $15,000 6 $385,000 c) $415,000 d) None of the above study e orienterede via denom
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