Time Remaining 55 minutes 42 seconds00:55:42 Item 8Item 8 Time Remaining 55 minutes 42 seconds00:55:42 Use the cost information below for Sundar Company to determine the total manufacturing costs added during the current year: Direct materials used $ 20,700 Direct labor used 26,200 Factory overhead 46,600 Beginning work in process inventory 12,400 Ending work in process inventory 13,000

Question

Jake Zimmerman

Mathematics

4 July, 00:16

Time Remaining 55 minutes 42 seconds00:55:42 Item 8Item 8 Time Remaining 55 minutes 42 seconds00:55:42 Use the cost information below for Sundar Company to determine the total manufacturing costs added during the current year: Direct materials used $ 20,700 Direct labor used 26,200 Factory overhead 46,600 Beginning work in process inventory 12,400 Ending work in process inventory 13,000

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Lynn · Answer 1

Cost of goods manufactured = Direct materials + Direct labor + Manufacturing Overhead

=$20,500 + $26,000 + $47,000

=$93,500

Manufacturing Overhead = accounting period + beginning work-in-process - ending work-in-process

= $47,600 + $12,200 - $12,800

=$47,000