Question
The following accounts are from the previous year's books of Kord Industries: Raw Materials Debit Credit Balance 0 (b) 156,800 (a) 171,000 14,200 Work In
The following accounts are from the previous year's books of Kord Industries:
| Raw Materials | |||
|---|---|---|---|
| Debit | Credit | ||
| Balance | 0 | (b) | 156,800 |
| (a) | 171,000 | ||
| 14,200 | |||
| Work In Process | |||
|---|---|---|---|
| Debit | Credit | ||
| Balance | 0 | (f) | 521,200 |
| (b) | 133,400 | ||
| (c) | 170,800 | ||
| (e) | 217,000 | ||
| 0 | |||
| Finished Goods | |||
|---|---|---|---|
| Debit | Credit | ||
| Balance | 0 | (g) | 474,000 |
| (f) | 521,200 | ||
| 47,200 | |||
| Manufacturing Overhead | |||
|---|---|---|---|
| Debit | Credit | ||
| (b) | 23,400 | (e) | 217,000 |
| (c) | 27,400 | ||
| (d) | 158,800 | ||
| 7,400 | |||
| Cost of Goods Sold | |||
|---|---|---|---|
| Debit | Credit | ||
| (g) | 474,000 | ||
Kord Industries uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. What is the amount of direct materials used for the year?
Options:
- $170,800
- $133,400
- $171,000
- $156,800
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Management And Cost Accounting
Authors: Colin Drury
6th Edition
1844807037, 978-1844807031
