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3 years ago

Assuming that the direct materials used are $1880000, compute the total manufacturing costs using the following information.

Business

1 answer:

Scilla [17]3 years ago

6 0

Answer:

D. $3240000.

Explanation:

Particulars Amount ($) Amount ($)

Direct materials used 1,880,000

Direct Labor 760,000

<u>Manufacturing Overheads </u>

Factory Utilities 150,000

Indirect Labor 50,000

Factory Depreciation <u>400,000</u> <u>600,000</u>

Total Manufacturing cost <u>$3,240,000</u>

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3 years ago

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Answer:

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Explanation:

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4 years ago

If overhead is applied to individual jobs at a rate of 50% of direct labor costs incurred per job, and $50,000 in direct materia

barxatty [35]

The total cost applied to the job is $87,500 when the direct materials are $50,000, the cost of direct labor is $25,000 and the overhead cost is 50 % of direct labor.

<h3>What is meant by total cost?</h3>

Total cost means the combined cost of materials, human labor, and the overheads incurred in the process of production.

Given values:

Cost of direct materials: $50,000

Cost of direct labor: $25,000

Cost of overheads: $12,500 ($25,000 X 50%)

Computation of total job cost:

$\rm Total \rm\ Job \rm\ Cost=\rm\ Cost \rm\ of \rm\ Direct \rm\ Materials+\rm\ Cost \rm\ of \rm\ Direct \rm\ Labor+\rm\ Cost \rm\ of \rm\ Overheads\\\rm Total \rm\ Job \rm\ Cost=\$50,000 + \$25,000 + \$12,500\\\rm Total \rm\ Job \rm\ Cost=\$87,500$

Therefore, when the direct materials are $50,000, the direct labor is $25,000 and the overhead cost is $12,500, then the total cost of the job is $87,500.

Learn more about the overhead cost in the related link:

brainly.com/question/14545063

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2 years ago

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