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Zhang Manufacturing Company has two departments, machining and finishing. For a given period, the following costs were incurred by the company as a whole: direct
Zhang Manufacturing Company has two departments, machining and finishing. For a given period, the following costs were incurred by the company as a whole: direct material, $200,000; direct labor, $150,000; and indirect production, $80,000. The grand total was $430,000 The machining department incurred 80% of the direct-material costs, but only 60% of the direct-labor costs. Indirect production costs amounted to $28,000 in the machining department and $52,000 in finishing. Three products were produced using the following proportions of direct material and direct labor in the two departments. E (Click the icon to view the data for the three products.) As is commonplace, indirect production costs incurred by each department were allocated to products in proportion to the direct-labor costs of products within the departments. Read the requirements. Direct labor 90,000 60,000 150,000 Data Table 28,000 52,000 80,000 Indirect production $ 278,000 $ 152,000 Total 430,000 Product Direct Material Direct Labor Alpha 10% 40% Requirement 2. Compute the total costs of each product that would be shown as finished-goods inventory if all the product Beta Begin by completing the table below to determine the total cost of producing the Alpha product. 30% 60% 50% 10% Gamma Alpha 100% 100% Direct Direct Indirect Total for the machining department Materials Labor Production Total Machining 10% 30% Alpha Beta 40% Finishing 60% 10% Gamma 50% Total 100% 100% Total added by finishing department Enter any number in the edit fields, then click Check Answer. Print Done parts remaining Cled Zhang Manufacturing Company has two departments, machining and finishing. For a given period, the following costs were incurred by the company as a whole: direct material, $200,000; direct labor, $150,000; and indirect production, $80,000. The grand total was $430,000 The machining department incurred 80% of the direct-material costs, but only 60% of the direct-labor costs. Indirect production costs amounted to $28,000 in the machining department and $52,000 in finishing. Three products were produced using the following proportions of direct material and direct labor in the two departments. E (Click the icon to view the data for the three products.) As is commonplace, indirect production costs incurred by each department were allocated to products in proportion to the direct-labor costs of products within the departments. Read the requirements. Direct labor 90,000 60,000 150,000 Data Table 28,000 52,000 80,000 Indirect production $ 278,000 $ 152,000 Total 430,000 Product Direct Material Direct Labor Alpha 10% 40% Requirement 2. Compute the total costs of each product that would be shown as finished-goods inventory if all the product Beta Begin by completing the table below to determine the total cost of producing the Alpha product. 30% 60% 50% 10% Gamma Alpha 100% 100% Direct Direct Indirect Total for the machining department Materials Labor Production Total Machining 10% 30% Alpha Beta 40% Finishing 60% 10% Gamma 50% Total 100% 100% Total added by finishing department Enter any number in the edit fields, then click Check Answer. Print Done parts remaining Cled
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