Question: I need help on this question Minstrel Manufacturing uses a job order costing system. During the month, Minstrel purchased $218,400 of raw materials on credit;

I need help on this question

I need help on this question Minstrel Manufacturing uses a job order costing system. During the month, Minstrel purchased $218,400 of raw materials on

Minstrel Manufacturing uses a job order costing system. During the month, Minstrel purchased $218,400 of raw materials on credit; issued materials to production of $212,000 of which $35,100 were indirect. Minstrel incurred a factory payroll of $160,200, of which $45,100 was indirect labor. Minstrel uses a predetermined overhead application rate of 150% of direct labor cost. Minstrel's beginning and ending Work in Process Inventory are $17,200 and $30,400 respectively. Compute the cost of jobs transferred to Finished Goods Inventory. Multiple Choice $607,800. $479,100 a predetermined overhead application rate of 150% of direct labor cost. Minstrel's beginning and ending Work in Process Inventory are $1 $30,400 respectively. Compute the cost of jobs transferred to Finished Goods Inventory. Multiple Choice $607,800. $479,100. $448,700. $451,450. $450,700

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

The traditional machine learning approach usually needs human experts to label the data examples (e.g., document, images, signals, etc.) to train a model to perform classification or regression. The...

Minstrel Manufacturing uses a job order costing system. Duringone month Minstrel purchased $198,000 of raw materials on credit;issued materials to production of $195,000 of which $30,000 were...

Minstrel Manufacturing uses a job order costing system. During the Minstrel purchased $198,000 of raw materials on credit; issued materials to production of $195,000 of which $30,000 were indirect....

Minstrel Manufacturing uses a job order costing system.During one month Minstrel purchased $198,000 of raw materials on credit; issued materials to production of $195,000 of which $30,000 were...

Financial Accounting Please answer this question Minstrel Manufacturing uses a job order costing system. During one month Minstrel purchased $198,000 of raw materials on credit: issued materials to...

$476,800 $450100 $604,900 $446,600 $448.600 MacBook Air Help Save & Exit Submit Minstrel Manufacturing uses a job order costing system. During one month, Minstrel purchased $217,200 of raw materials...

14)_ 15) Juarez Builders incurred $285,00 of labor costs for construction jobs completed during the month of August, of which $21200 has direct and $73,000 a ndect supervisory costs. The correct...

Minstrel Manufacturing uses a job order costing system. During one month, Minstrel purchased $198.000 of raw materials on credit; issued materials to production of $195,000 of which $30,000 were...

Minstrel Manufacturing uses a job order costing system. During the month, Minstrel purchased $198,000 of raw materials on credit; issued materials to production of $195,000 of which $30,000 were...

5. Marshall Enterprises charged the following amounts of overhead to jobs during the year: $20,000 to jobs proces, 560,000 to jobs completed but not sold, and $120.000 to jobs finished and sold. At...

Minstrel Manufacturing uses a job order costing system. During one month, Minstrel purchased $198,000 of raw materials on credit; issued materials to production of $195,000 of which $30,000 were...

y = 20(1/4)x Graph the equation by hand.

What are the Pros and Cons of data surveillance from varying perspectives?

An expense incurred in 2 0 2 5 is not paid until 2 0 2 6 . Using the accrual basis of accounting, the expense should appear on the: Multiple Choice 2 0 2 5 income statement 2 0 2 6 income statement...

Please show calculation for both. (b) You have been asked to design a system to store up to 100,000 images in a picture library. For each image you need to store: - The image (4 Mbytes) - The title...