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spin [16.1K]
3 years ago
6

Chmelar Manufacturing Company developed the following data: Beginning work in process inventory $ 80,000 Direct materials used 4

80,000 Actual overhead 560,000 Overhead applied 540,000 Cost of goods manufactured 1,280,000 Ending work in process 60,000 How much are total manufacturing costs for the period? Select one: a. $1,580,000 b. $1,260,000 Correct c. $1,100,000 d. $1,220,000
Business
1 answer:
Jet001 [13]3 years ago
7 0

Answer:

b. $1,260,000

Explanation:

The computation of the total manufacturing cost is shown below:

= Cost of goods manufactured + ending work in process - beginning work in progress

= $1,280,000 + $60,000 - $80,000

= $1,260,000

We simply add the ending work in progress and deduct the beginning work in progress to the cost of goods manufactured so that the accurate amount can come

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