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Remaining Time: 40 minutes, 56 seconds. * Question Completion Status: Selected accounts with some amounts omitted (X) are as follows Work in Process Oct 1
Remaining Time: 40 minutes, 56 seconds. * Question Completion Status: Selected accounts with some amounts omitted (X) are as follows Work in Process Oct 1 X Balance 20,000 Oct 31 Goods finished 31 Direct materials 97,000 31 Direct labor 201.000 31 Factory overhead Finished Goode Oct 1 Balance 52.000 31 Goods finished 360,000 If the balance of Work in Process at October 31 is $21,000, what was the amount of factory overhead applied in October? 575.000 $63,000 521.000 $42,000 Question 1726 Question 17 0.96154 points Save A The cost of goods sold for Michaels Manufacturing in the current year was $233.000. The finished goods inventory balance increased by 37.000 from January 1 to December 31. Costul goed manufactured during the period was $225,000 5240,000 $200.000 O $233.000 Remaining Time: 36 minutes, 49 seconds. Question Completion Status: Work in Process Aug 1 Balance 275.000 Aug 31 Goods finished 1,030,000 31 Direct materials 31 Direct labor 450,000 31 Factory overhead Factory Overhead Aug 1-31 Costs incurred Balance 15,000 145,000 Aug 1 31 Applied (30% of direct labor cout) X If the balance of Work in Process at August 31 is $220,000, what was the amount debited to Work in Process for direct materials in August? O $170,000 $580,000 $525.000 $390,000 Question 19 Which of the following costs incurred by a tool manufacturer would not be included in conversion costs? raw steel machine operator's wages factory supervisor's salary O factory maintenance personnel supplies
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