One year is 365 days or 12 months, while one century is 100 years
Answer:
$1,702,650
Explanation:
The computation of the total manufacturing cost added to work in process is shown below:
Total manufacturing cost added to work in process
= Direct Materials + Direct Labor + Manufacturing Overhead applied
where,
Direct material $598,400
Direct labor is $520,000
And, the manufacturing overhead applied is
= Actual direct labor hours × predetermined overhead rate
= 41,000 hours × $14.25
= $584,250
So, the total manufacturing cost is
= $598,400 + $520,000 + $584,250
= $1,702,650
We simply applied the above formula
Answer:
Ending inventory= $494
Explanation:
Giving the following information:
On January 26, the company sells 350 units. 150 units remain in ending inventory on January 31.
January 1: 320 units for $3.00
January 9: 80 units for $3.20
January 25: 100 units for $3.34
Ending inventory= 100*3.34 + 50*3.2= $494
A private contractor becouse it is important
