Bonita Industries reported the following information for December: Beginning balance, Raw Materials Inventory $187500 Beginning balance,...
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Bonita Industries reported the following information for December: Beginning balance, Raw Materials Inventory $187500 Beginning balance, Work in Process Inventory 306000 Beginning balance, Finished Goods Inventory 107150 Manufacturing overhead applied 528000 Purchases of raw materials 336300 Factory electricity 62800 Direct labor payroll 199000 Depreciation on factory equipment 218950 Insurance on factory building 52000 Indirect materials used in production 43100 Total raw materials used in production 407300 Indirect labor payroll 159000 Cost of goods manufactured 1249000 Cost of Goods Sold 1312900 How much manufacturing overhead was incurred by Bonita during December? $492750 $483850 $473050 $535850 Bonita Industries reported the following information for December: Beginning balance, Raw Materials Inventory $187500 Beginning balance, Work in Process Inventory 306000 Beginning balance, Finished Goods Inventory 107150 Manufacturing overhead applied 528000 Purchases of raw materials 336300 Factory electricity 62800 Direct labor payroll 199000 Depreciation on factory equipment 218950 Insurance on factory building 52000 Indirect materials used in production 43100 Total raw materials used in production 407300 Indirect labor payroll 159000 Cost of goods manufactured 1249000 Cost of Goods Sold 1312900 How much manufacturing overhead was incurred by Bonita during December? $492750 $483850 $473050 $535850
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MANUFACTURING OVERHEAD ALL INDIRECT OVERHEAD RELATED TO MANUFACTUR... View the full answer
Related Book For
Principles of Accounting
ISBN: 9780077300456
1st edition
Authors: Robert Libby, Patricia Libby, Fred Phillips, Stacey Whitecotton
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