Brighton Manufacturing Inc. incurred the following costs during the month: Cost Item Raw materials used in production Amount $45,000 Marketing materials used by sales staff $12,000 Wages of factory workers $85,000 Salaries of sales staff $280,000 Depreciation on factory and production equipment $60,000 Depreciation on headquarters building Manufacturing overhead $35,000 $70,000 How much of these costs would have been recorded in Brighton's Work in Process Inventory account during the month? a) $270,000 b) $205,000 c) $180,000 d) $260,000
Brighton Manufacturing Inc. incurred the following costs during the month: Cost Item Raw materials used in production Amount $45,000 Marketing materials used by sales staff $12,000 Wages of factory workers $85,000 Salaries of sales staff $280,000 Depreciation on factory and production equipment $60,000 Depreciation on headquarters building Manufacturing overhead $35,000 $70,000 How much of these costs would have been recorded in Brighton's Work in Process Inventory account during the month? a) $270,000 b) $205,000 c) $180,000 d) $260,000
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter4: Activity-based Costing
Section: Chapter Questions
Problem 1E: Kennedy Appliance Inc.s Machining Department incurred 450,000 of factory overhead cost in producing...
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