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- Direct materials issued to production $170,000Indirect materials issued to production $45,000Other manufacturing overhead $255,000Overhead allocated $240,000Direct labour costs $80,000 Is the manufacturing overhead under- or over-applied? By how much?The following costs were incurred in May: Direct materials $ 39,400 $ 34,000 $ 21,600 $ 19,700 $ 38,600 Direct labor Manufacturing overhead Selling expenses Administrative expenses 00:37:02 Conversion costs during the month totäled: Multipie CholcePlease solve this MCQs The following costs were incurred in May: Direct materials $ 43,100 Direct labor $ 24,800 Manufacturing overhead $ 18,100 Selling expenses $ 20,300 Administrative expense $ 28,700 Prime costs during the month totaled: $135,000 $86,000 $42,900 $67,900
- Direct materials $ 78,000 Direct labor $ 40,000 Manufacturing overhead $ 18,000 Selling expenses $ 21,000 Administrative expenses $ 33,000 Calculate the following: Product cost = direct labor + direct material + factory overhead = 136,000 Period cost = Conversion cost Prime costThe following costs were incurred in August: Direct materials Direct labor Manufacturing overhead Selling expense Administrative expense $127,000 $51,000 $52,000 $37,000 $75,000 $14,000 Conversion costs during the month totaled: $38,000 $10,000 $28,000S 13. In August direct labor was 60% of conversion cost. If the manufacturing overhead for the month was $54,000 and the direct materials cost was $34,000, the direct labor cost was: A. $36,000 B. $22,667 C. $51,000 D. $81,000
- ssume the following information: Milling Department Materials Conversion Total Cost of beginning work in process inventory $ 10,000 $ 15,000 $ 25,000 Costs added during the period 291,600 394,500 686,100 Total cost $ 301,600 $ 409,500 $ 711,100 Assume the equivalent units of production for materials and conversion, when using the weighted-average method, are 5,200 units and 5,000 units, respectively. If the equivalent units in ending work in process inventory for materials and conversion are 400 units and 200 units, respectively, then what is the total cost of ending work in process for the Milling Department?Assume the following information: Materials $ 10,000 291,600 $301,600 Conversion $15,000 387,000 $ 402,000 Milling Department Total Cost of beginning work in process inventory Costs added during the period $ 25,000 678,600 $703,600 Total cost ts 00:13:14 Assume the equivalent units of production for materials and conversion, when using the weighted-average method, are 5,200 units and 5,000 units, respectively. If the equivalent units in ending work in process inventory for materials and conversion are 400 units and 200 units, respectively, then what is the total cost of ending work in process for the Milling Department? Multiple Choice $29,280 $59,280 $49.280Midiul acturing overneau 1,400,00 $1,000,000 $1,110,000 Direct labor costs $1,860,000 $1,550,000 $558,000 Direct labor hours 124,000 155,000 49,600 Machine hours 496,000 620,000 148,800 The following information pertains to January 2022 for each manufacturing department. Department E K Direct materials used $173,600 $156,240 $94.720 Direct labor costs $148,800 $136,400 $46,500 Manufacturing overhead incurred $122,760 $153,760 $97,960 Direct labor hours 9,920 13,640 4,340 Machine hours 42,160 55,800 12,896.
- Direct materials $47,900 Direct labor $36,000 Manufacturing overhead $30,200 Selling expenses $20,800 Administrative expenses $32,300 Conversion costs during the month totaled: Multiple Choice $66,200 $78,100 $167,200 $83,900· Manufacturing overhead 30,800· Increase in direct materials 13, 000· Increase in work in process 9, 000· Decrease in finished goods 32,040Manufacturing overhead amounts to 50% of direct labor, and the direct labor and manufacturing overhead combined equal 50% of the total cost of manufacturing.How much is the costs of direct materials purchased?PROBLEM 15: The following quarterly cost data have been accumulated for NewDDDManufacturing, Inc.: Raw materials, 1/1/2022 10,000 units at P6.00 Purchases of raw materials 8,500 units at P7.00 11,000 units at P7.50 Raw materials transferred to work in process 21,500 units Work in process, 1/1/2022 5,600 units at P13.50 Direct labor P 250,000 Manufacturing overhead 325,000 Work in process, 3/31/2022 4,200 units at P13.75 If New Delhi uses the FIFO method for valuing raw materials inventories, compute for thecost of goods manufactured for the quarter ended March 31, 2022.
