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26 December, 20:51

Francum Company has the following dа ta: direct labor $237,300, direct materials used $192,900, total manufacturing overhead $250,060, and beginning work in process $30,450.

Compute (a) total manufacturing costs and (b) total cost of work in process.

Total manufacturing costs

Total cost of work in process

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Answers (1)
  1. 26 December, 21:10
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    (a) $680,260

    (b) $710,710

    Explanation:

    Given that,

    Direct labor = $237,300

    Direct materials used = $192,900

    Total manufacturing overhead = $250,060

    Beginning work in process = $30,450

    (a) Total manufacturing costs:

    = Direct materials used + Direct labor + Total manufacturing overhead

    = $192,900 + $237,300 + $250,060

    = $680,260

    (b) Total cost of work in process:

    = Beginning work in process + Total manufacturing costs - Closing work in process

    = $30,450 + $680,260 + $0

    = $710,710
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