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TB MC Qu. 15-148 (Algo) Minstrel Manufacturing uses a job order... Minstrel Manufacturing uses a job order costing system. During the month, Minstrel purchased $202,000
TB MC Qu. 15-148 (Algo) Minstrel Manufacturing uses a job order...
Minstrel Manufacturing uses a job order costing system. During the month, Minstrel purchased $202,000 of raw materials on credit; issued materials to production of $199,000 of which $26,000 were indirect. Minstrel incurred a factory payroll of $154,000, of which $36,000 was indirect labor. Minstrel uses a predetermined overhead rate of 150% of direct labor cost. The total manufacturing costs added during the period is:
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