68,700 51,300 77,200 97,500 223,900 151,600 15,000 30,400 33,000 130% Secure I h

Question

68,700
51,300
77,200
97,500
223,900
151,600
15,000
30,400
33,000
130%

Secure I https/ erTest.aspx7tesld 1816035488centerwinzyes ACCT 202 - Routh, Summer 2018 (oniline) Test: Exam (Module 1 - ch. 1, 2, 3) This Question: 8 pts 5 of 10 (8 complete) Cost ofl materials purchases on account 558,70D 551,300 Cost of materials requistãoned fincludes $4 600 af inSrect) Diredt labor costs Incuned Marofacturing ovarhead costs incurred, including indirect matarials Cost of goods manufactured Cest of goods sold Beginning ra materiala invemary Begihning work in process invemory Beginning frished goods inventor Predetermined manufacuring overhead rate (as % tl dred labor cost, 577,200 $97,500 223,900 5151,600 $15,000 530,400 $33,000 s the balance in work in process inventory at the and of the y? C 550 70o

Explanation / Answer

Answer is A. $ 30760 Explanation: Beginning Work in process inventory 30400 Add: Current cost of manufacturing: Cost of direct material incurred (51300-4600) 46700 Direct labour cost 77200 Manufacturing OH (77200*130%) 100360 Total cost of manufacturing 254660 Less: Cost of Goods manufactured 223900 Ending Inventory of work in process 30760

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