Enzo Design Corporation reports the following cost information for March: Cost of Goods Manufactured $ 85 comma 000 Finished Goods Inventory, March 1 4 comma 000 Finished Goods Inventory, March 31 2 comma 650 Work-in-Process Inventory, March 1 9 comma 680 Work-in-Process Inventory, March 31 1 comma 000 Direct Labor 36 comma 000 Direct Materials Used 16 comma 850 What is the amount of manufacturing overhead incurred by the company in March? A. $ 40 comma 320 B. $ 23 comma 470 C. $ 148 comma 530 D. $ 22 comma 470

Question

Emmett Orr

Business

4 March, 09:21

Enzo Design Corporation reports the following cost information for March: Cost of Goods Manufactured $ 85 comma 000 Finished Goods Inventory, March 1 4 comma 000 Finished Goods Inventory, March 31 2 comma 650 Work-in-Process Inventory, March 1 9 comma 680 Work-in-Process Inventory, March 31 1 comma 000 Direct Labor 36 comma 000 Direct Materials Used 16 comma 850 What is the amount of manufacturing overhead incurred by the company in March? A. $ 40 comma 320 B. $ 23 comma 470 C. $ 148 comma 530 D. $ 22 comma 470

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Kenya Wilkins · Answer 1

Cost of goods manufactured is 85000

Deduct Direct labour (36300)

Deduct Direct Material used (16900)

Add Ending WIP (1000)

Deduct Beginning WIP (9670)

⇒ Manufacturing OH (23130)