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Question 3 O out of 10 points Molten Metals, Inc. started operations in 2020. it uses an actual manufacturing overhead rate based on direct labor
Question 3 O out of 10 points Molten Metals, Inc. started operations in 2020. it uses an actual manufacturing overhead rate based on direct labor hours to apply its indirect X product costs to jobs. The following information has been collected for 2020: Dect materials $165,000: Direct labor- 3195,000: Sales commissions $10,000, Indirect labor - 355,000, Rent on office equipment $25,000 Depreciation factory building - $25.000 es factory - $115,000. Molten Metals used 10.000 direct labor hours and 20,000 machine hours Assume there are no beginning or ending Work in Process Inventory. If 6,000 units of a single product were manufactured in 2020 and 5.000 units were sold, what is the cost of Goods Sold Round to the nearest dollar Question 4 O out of 10 points Cobra Cola produces soft drinks and sodas. Production of 110,000 Kers was started in March, 25.000 liters, 60% completed were in ending Inventory. Product costs of 532.540 were added during the month. There were no units in beginning work in process inventory What is the total number of equivalent units added in March Question 5 0 out of 10 points The following information has been gathered for the Georgia Manufacturing Company pertaining to its fiscal year ending December 3 Actual Emanufacturing overhead costs $257,000. Actual direct labor hours -66.000 Actual direct labor costs $1,025,000, Estimated manufacturing overhead costs-5250,000: Estimated direct labor $975,000 Estimated direct labor hours -65.000. What is the predetermined manufacturing overhead rate, assuming direct labor cost is used as the activity base? Round to the nearest 50.001)
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