Homework Answers
Direct Materials = $220,000
Direct Labor = $280,000
Manufacturing Overhead applied = $210,000
Total Manufacturing Cost = $710,000
Cost of goods produced per unit = $710,000 / 5000 units
Cost of goods produced per unit = $142 per unit
Finished goods = Units produced - units sold = 5,000 - 3,000 = 2,000 units
Cost of finished goods = 2,000 units * $142 per unit
Cost of finished goods = $284,000
Option '4' is correct
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--/1 Question 32 View Policies Current Attempt in Progress The following information is available for completed...
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Question 12 of 15 -/3.25 E View Policies Current Attempt in Progress The following information is available for completed Job No. 402: Direct materials, $70000; direct labor, $130000; manufacturing overhead applied, $60000; units produced, 4000 units; units sold, 3000 units. The cost of the finished goods on hand from this job is $195000. $260000 $50000 $65000 Save for Later Attempts: 0 of 1 used Submit Answer
Current Attempt in Progress The following information is available for completed Job No. 402: Direct materials....
Current Attempt in Progress The following information is available for completed Job No. 402: Direct materials. $20000; direct labor, $80000; manufacturing overhead applied $10000; units produced, 8000 units; units sold, 6000 units. The cost of the finished goods on hand from this job is $25000 O $110000 $27500. $82500 Save for Later Attempts: 0 of 1 used Submit Answer MacBook Air esc 2 3 % 5 &
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the cost of the finished goods on hand from this job is? View Policies Current Attempt...
the cost of the finished goods on hand from this job is?
View Policies Current Attempt in Progress The following information is available for completed Job No. 402: Direct materials, $20000; direct labor, $80000; manufacturing overhead applied, $10000; units produced, 8000 units; units sold, 6000 units. The cost of the finished goods on hand from this job is $82500. $25000 $110000. $27500 Save for Later
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Current Attempt in Progress The following information is available for completed Job No. 402: Direct materials. $20000; direct labor, $80000; manufacturing overhead applied $10000; units produced, 8000 units; units sold, 6000 units. The cost of the finished goods on hand from this job is $25000 O $110000 $27500. $82500 Save for Later Attempts: 0 of 1 used Submit Answer MacBook Air esc 2 3 % 5 &
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the cost of the finished goods on hand from this job is?
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