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Karo-lina-s [1.5K]
2 years ago
14

Direct materials used for the period cost $66,000; Direct labor cost $80,000; Applied overhead was $60,000; Beginning work in pr

ocess inventory was $27,000; and Ending work in process inventory was $25,000. Calculate the cost of goods manufactured.
Business
1 answer:
liberstina [14]2 years ago
6 0

Answer:

$208,000

Explanation:

The computation of the cost of goods manufactured is shown below:

Cost of goods manufactured = Opening work in process + Manufacturing cost - ending work in process

where manufacturing cost equal to

= Direct material used + Direct labor cost + Manufacturing Overhead cost

= $66,000 + $80,000 + $60,000

= $206,000

Now the cost of goods manufactured is

= $27,000 + $206,000 - $25,000

= $208,000

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elena55 [62]

Answer:

The correct answer is D.

Explanation:

Giving the following information:

Total Cost Production (units)

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May 92,000 162,800

June 99,000 238,000

<u>To calculate the variable cost per unit and the total fixed cost, we need to use the following formula:</u>

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (119,400 - 92,000) / (281,300 - 162,800)

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3 years ago
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sweet [91]

Answer: $5,500

Explanation:

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2 years ago
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Alenkasestr [34]
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Answer:

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