Question: r16 Assignment Saved Help Save & During the current year, CF Manufacturing Co. incurred $370,000 of indirect labor costs, $15,000 of indirect materials costs, and
r16 Assignment Saved Help Save & During the current year, CF Manufacturing Co. incurred $370,000 of indirect labor costs, $15,000 of indirect materials costs, and $163,000 of other overhead costs. It also incurred $125,000 in rent costs on a warehouse for storing finished goods. What amount did CF Manufacturing assign to the Work in Process Inventory account from the Manufacturing Overhead account? Overhead costs assigned to production Chapter 16 Assignment 3 1.5 points Seved Help Save & Exit Sub Check my work mode: This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. A company that assembles trucks produces 60 trucks during the current year and incurs $4.5 million of material, labor, and overhead costs. Fifty-three trucks were sold during the year and each is allocated the same amount of costs. How much of the $4.5 million assembly costs should appear on the company's income statement for the current year? (Enter your answers in dollars and not in millions of dollars.) Answer is complete but not entirely correct. Cost of goods sold $ 3,979,000 Return to
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