Here are selected basic data for Wilson Company: Estimated manufacturing $243,750 Factory utilities $30,900 overhead Estimated labor hours 35,000 Indirect labor $22,600 Actual direct labor hours 36,000 Sales commissions $54,600 Estimated direct labor cost $325,000 Factory rent $47,800 Actual direct labor cost $320,000 Factory property $28,700 taxes Factory depreciation $65,600 Indirect materials $33,300 If the company allocates overhead based on direct labor cost, what are the total actual manufacturing overhead costs? a. $173,000 b. $283,500 c. $228,900 d. $260,900

The related data of Jean Grey Company:                                     Direct materials                                         315,600             Direct labor                                                 186,700             Depreciation on factory equipment   23,000 Other factory expenses                           87,500 Selling expenses                                        75,000 Administrative expenses                        50,200 Factory overhead applied is                  60% of the direct labor cost.                                                                                                                                                 How much is the product costs?

Given the following data for ABC Company, calculate (A) cost of goods manufactured and (B) total manufacturing costs : Direct materials used $120,000 Beginning work in process $20,000 Direct labour 100,000 Ending work in process 10,000 Manufacturing overhead 150,000 Beginning finished goods 25,000 Operating expenses 175,000 Ending finished goods 15,000

Given the following data for Glennon Company, compute (A) total manufacturing costs and (B) costs of goods manufactured: $40,000 Direct materials used Direct labor Beginning work in process Ending work in process 20,000 Manufacturing overhead Beginning finished goods 50,000 Operating expenses Ending finished goods 30,000 $240,000 100,000 300,000 350,000

Here are selected data for Wilson Company Estimated manufacturing overhead Estimated labor hours Actual direct labor hours Estimated direct labor cost Actual direct labor cost Factory depreciation $257,750 35,000 36,000 $330,400 $320,300 $65,400 If the company allocates overhead based on direct labor cost, what is the predetermined manufacturing overhead rate? OA. 78% of direct labor cost OB. 80 % of direct labor cost OC. 128% of direct labor cost OD. 103% of direct labor cost Factory utilities Indirect labor Sales commissions Factory rent Factory property taxes. Indirect materials COS $30,200 $22,400 $53,700 $47,700 $28,100 $33,000

The following cost data relate to the manufacturing activities of Chang Company during the just completed year: Manufacturing overhead costs incurred: $ 16,700 147,000 9,700 87,000 273,900 11,700 $ 546,000 Indirect materials Indirect labor Property taxes, factory Utilities, factory Depreciation, factory Insurance, factory Total actual manufacturing overhead costs incurred Other costs incurred: $ 417,000 $ 77,000 Purchases of raw materials (both direct and indirect) Direct labor cost Inventories: Raw materials, beginning Raw materials, ending Work in process, beginning Work in process, ending $ 21,700 $ 31,700 $ 41,700 $ 71,700 The company uses a predetermined overhead rate of $26 per machine-hour to apply overhead cost to jobs. A total of 21,400 machine- hours were used during the year. Required: 1. Compute the amount of underapplied or overapplied overhead cost for the year. 2. Prepare a schedule of cost of goods manufactured for the year. Complete this question by entering your…

The following cost data relate to the manufacturing activities of Chang Company during the just completed year: Manufacturing overhead costs incurred: Indirect materials Indirect labor $ 15,300 133,000 8,300 Property taxes, factory Utilities, factory 73,000 Depreciation, factory 152,100 10,300 Insurance, factory $ 392,000 Total actual manufacturing overhead costs incurred Other costs incurred: Purchases of raw materials (both direct and indirect) $ 403,000 $ 63,000 Direct labor cost Inventories: Raw materials, beginning Raw materials, ending $ 20,300 $ 30,300 Work in process, beginning $ 40,300 Work in process, ending $ 70,300 The company uses a predetermined overhead rate of $20 per machine-hour to apply overhead cost to jobs. A total of 20,000 machine-hours were used during the year. Required: 1. Compute the amount of underapplied or overapplied overhead cost for the year. 2. Prepare a schedule of cost of goods manufactured for the year.

1. The following cost data relates to Bruno Company for the year 2008: Estimated manufacturing overhead costs                     $240,000 Estimated direct labor cost                                             300,000 Estimated direct labor hours                                          30,000 Actual direct labor cost                                                   315,000 Actual direct labor hours                                                33,000 Allocation base:                                                             Direct labor cost Other expenses (Actual): Factory depreciation on equipment                                 $65,300 Factory rent                                                                      51,000 Factory utilities                                                                28,900 Factory property taxes                                                     26,000 Indirect labor                                                                   23,800…

Related Data of Clarisse Company: Direct materials                                        385,000 Dircet Labor                                             318,900 Indirect materials                                       12,500 Other factory expenses                              35,400 Selling expenses                                       125,000 Administrative expenses                           85,000 Depreciation expense - Head office        20,000 Depreciation expense - factory               30,000 Salaries expense - head office                 350,000 Salaries expense - factory officers           200,000   What is the amount of product costs?

Related Data of Clarisse Company: Direct materials                                        385,000 Dircet Labor                                             318,900 Indirect materials                                       12,500 Other factory expenses                              35,400 Selling expenses                                       125,000 Administrative expenses                           85,000 Depreciation expense - Head office        20,000 Depreciation expense - factory               30,000 Salaries expense - head office                 350,000 Salaries expense - factory officers           200,000   How much is the total period costs?