Homework Answers
Correct answer-----------$370,000
Working
Total manufacturing cost = Direct material + Direct labor + Overhead applied
so Direct labor = Total manufacturing cost - Direct material and overhead applied
| Total manufacturing cost | $ 730,000.00 |
| Less: Direct material | $ (144,000.00) |
| Less: Overhead applied | $ (216,000.00) |
| Total direct labor cost | $ 370,000.00 |
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Sunland Company developed the following data for the current year: Beginning work in process inventory $250000...
Sunland Company developed the following data for the current year: Beginning work in process inventory $...
Sunland Company developed the following data for the current year: Beginning work in process inventory $ 156000 Direct materials used 208000 Actual overhead 176000 Overhead applied 184000 Cost of goods manufactured 910000 Total manufacturing costs 866000 How much is Sunland Company's direct labor cost for the year? $518000 $318000 $474000 $630000
Bonita Industries developed the following data for the current year: Beginning work in process inventory $160000...
Bonita Industries developed the following data for the current
year:
Beginning work in process
inventory
$160000
Direct materials used
64000
Actual overhead
208000
Overhead applied
136000
Cost of goods manufactured
184000
Total manufacturing costs
480000
Bonita Industries's direct labor cost for the year is
$184000.
$280000.
$72000.
$136000.
Crane Company developed the following data for the current year: $36000 Beginning work in process inventory...
Crane Company developed the following data for the current year: $36000 Beginning work in process inventory Direct materials used Actual overhead Overhead applied Cost of goods manufactured Total manufacturing costs 208000 176000 184000 800000 756000 How much is Crane Company's direct labor cost for the year? $408000 $328000 $364000 $400000
Payne Company developed the following data for the current year: Beginning work in process inventory $...
Payne Company developed the following data for the current year: Beginning work in process inventory $ 68,000 Direct materials used 104,000 Actual overhead 88,000 Overhead applied 92,000 Cost of goods manufactured 450,000 Total manufacturing costs 428,000 1. How much is Payne Company's direct labour cost for the year? 2. How much is Payne Company's ending work in process inventory for the year?
Greer Company developed the following data for the current year: Beginning work in process inventory $...
Greer Company developed the following data for the current year: Beginning work in process inventory $ 102,000 Direct materials used 156,000 Actual overhead 132,000 Overhead applied 138,000 Cost of goods manufactured 675,000 Total manufacturing costs 642,000 How much is Greer Company's ending work in process inventory for the year? Is the Manufacturing Overhead Overapplied or Underapplied and by how much? Record the journal entry for Over/Under applied OH for this problem. What account will the COGM of $675,000 be transferred...
Sunland Company reported the following year-end information: Beginning work in process inventory $1080000 Beginning raw materials...
Sunland Company reported the following year-end information: Beginning work in process inventory $1080000 Beginning raw materials inventory 300000 Ending work in process inventory 900000 Ending raw materials inventory 480000 Raw materials purchased 980000 Direct labor 920000 Manufacturing overhead 740000 Sunland Company's cost of goods manufactured for the year is $2280000. $2820000. $2460000. $2640000.
Hayward Manufacturing Company developed the following data: Beginning work in process inventory $1,000,000 Direct materials used...
Hayward Manufacturing Company developed the following data: Beginning work in process inventory $1,000,000 Direct materials used 700,000 Actual overhead 1,100,000 Overhead applied 800,000 Cost of goods manufactured 1,400,000 Ending work in process 1,600,000 Hayward Manufacturing Company's total manufacturing costs added to work in process during the period is $3,000,000 O $2,000,000 $1,200,000 $800,000
Mesquite Manufacturing Company developed the following data: Beginning work in process $ 60,000 inventory Direct materials...
Mesquite Manufacturing Company developed the following data: Beginning work in process $ 60,000 inventory Direct materials used 360,000 Actual overhead 420,000 Overhead applied 405,000 Cost of goods manufactured 960,000 Ending work in process 45,000 How much are total manufacturing costs for the period? O a) $945,000 b) $1,185,000 c) $825,000 d) $915,000
1. Bu Hao Lao Shu Company developed the following data for the current year: Beginning Work...
1. Bu Hao Lao Shu Company developed the following data for the current year: Beginning Work in Process (BI, WIP) Direct materials used (DM) Actual overhead (OH) Overhead applied (est OH) Cost of goods manufactured (CGM) Total manufacturing costs (TMC) $120,000 72,000 144,000 108,000 132,000 360,000 Bu Hao Lao Shu Company's Ending Work in Process (EI, WIP) inventory is A) $348,000. B) $240,000. C) $228,000. D) $108,000. 2. Lao Shu Mfg. provided the following information from its accounting records for...
Sheffield Corp.reported the following year-end information: $1080000 300000 Beginning work in process inventory Beginning raw materials...
Sheffield Corp.reported the following year-end information: $1080000 300000 Beginning work in process inventory Beginning raw materials inventory Ending work in process inventory Ending raw materials inventory Raw materials purchased Direct labor Manufacturing overhead 900000 480000 970000 910000 730000 Sheffield Corp.'s cost of goods manufactured for the year is $2790000 $2610000 $2430000 $2250000 Save for Later Attempts: 0 of
Bonita Industries developed the following data for the current
year:
Beginning work in process
inventory
$160000
Direct materials used
64000
Actual overhead
208000
Overhead applied
136000
Cost of goods manufactured
184000
Total manufacturing costs
480000
Bonita Industries's direct labor cost for the year is
$184000.
$280000.
$72000.
$136000.
Crane Company developed the following data for the current year: $36000 Beginning work in process inventory Direct materials used Actual overhead Overhead applied Cost of goods manufactured Total manufacturing costs 208000 176000 184000 800000 756000 How much is Crane Company's direct labor cost for the year? $408000 $328000 $364000 $400000
Hayward Manufacturing Company developed the following data: Beginning work in process inventory $1,000,000 Direct materials used 700,000 Actual overhead 1,100,000 Overhead applied 800,000 Cost of goods manufactured 1,400,000 Ending work in process 1,600,000 Hayward Manufacturing Company's total manufacturing costs added to work in process during the period is $3,000,000 O $2,000,000 $1,200,000 $800,000
Mesquite Manufacturing Company developed the following data: Beginning work in process $ 60,000 inventory Direct materials used 360,000 Actual overhead 420,000 Overhead applied 405,000 Cost of goods manufactured 960,000 Ending work in process 45,000 How much are total manufacturing costs for the period? O a) $945,000 b) $1,185,000 c) $825,000 d) $915,000
Sheffield Corp.reported the following year-end information: $1080000 300000 Beginning work in process inventory Beginning raw materials inventory Ending work in process inventory Ending raw materials inventory Raw materials purchased Direct labor Manufacturing overhead 900000 480000 970000 910000 730000 Sheffield Corp.'s cost of goods manufactured for the year is $2790000 $2610000 $2430000 $2250000 Save for Later Attempts: 0 of
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