Question

B&T Company's production costs for May are: direct labor, $13,000; indirect labor, $6,500; direct materials, $15,000; property taxes on production facility, $800; factory heat, lights and power, $1,000; and insurance on plant and equipment, $200. B&T Company's factory overhead incurred for May is:

Answer 1

Answer:

Factory overhead= $8,500

Explanation:

Giving the following information:

B&T Company's production costs for May are: direct labor, $13,000; indirect labor, $6,500; direct materials, $15,000; property taxes on production facility, $800; factory heat, lights and power, $1,000; and insurance on plant and equipment, $200.

Factory overhead= indirect labor + property taxes + factory heat, lights and power + insurance

Factory overhead= 6,500 + 800 + 1,000 + 200= $8,500