Dudek Industries uses a job costing system and applies manufacturing overhead (MOH) based on direct labor hours
Question:
Dudek Industries uses a job costing system and applies manufacturing overhead (MOH) based on direct labor hours (DLH) at a predetermined overhead rate of $8.55 per DLH. The company provided the following information for the most recent month of operations:
Direct materials purchased $49,400 Estimated DLH for the period 1,975 DLH Actual DLH worked in the period 2,200 DLH Actual direct labor cost $10.00 per DLH Actual MOH 19,100 Beginning balance Ending balance Raw materials (all direct) $4,200 $3,600 Work in process $20,000 $10,000 Finished goods $16,000 15,275
Before closing out any over or under-applied MOH, what would be the unadjusted Cost of Goods Sold balance for the month ?
Managerial Accounting
ISBN: 9780073526706
12th Edition
Authors: Ray H. Garrison, Eric W. Noreen, Peter C. Brewer