Dagostino Corporation uses a job-order costing system. The following data relate to the just completed month's operations.
Question:
Dagostino Corporation uses a job-order costing system. The following data relate to the just completed month's operations.
(1) Direct materials requisitioned for use in production, $154,000
(2) Indirect materials requisitioned for use in production, $45,000
(3) Direct labor wages incurred, $94,000
(4) Indirect labor wages incurred, $119,000
(5) Depreciation recorded on factory equipment, $44,000
(6) Additional manufacturing overhead costs incurred, $83,000
(7) Manufacturing overhead costs applied to jobs, $236,000
(8) Cost of jobs completed and transferred from Work in Process to Finished Goods, $458,000
Use the following T-accounts to answer the following questions.
| Work In Process | |||
| Bal. | $48,000 | ||
| Manufacturing Overhead | |||
The total amount of manufacturing overhead actually incurred was:
Multiple Choice
$246,000
$291,000
$236,000
$247,000
Expert Answer:
Financial and Managerial Accounting the basis for business decisions
ISBN: 978-1259692406
18th edition
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
