Peter's Tasty Chip Company Ltd manufactures potato chips. Suppose the company's January records include the following items – 2$ Company's director's salary 55,000 Direct labour 70,000 Factory supervisor salaries 26,500 Income tax expense 17,000 Factory cleaning cost 19,000 Work in process, 31 Jan 30,000 Finished goods, 31 Jan 40,000 Finished goods, 1 Jan 31,000 Depreciation expense on company cars used by salesforce Oil for all manufacturing 14,000 equipment in factory 15,000 Work in process, 1 Jan 20,000 Factory electricity expense 13,000 Raw materials, 31 Jan 27,000 Raw materials, 1 Jan 40,000 What is Total Manufacturing Overhead incurred in January? elect one: D a. $73,500 O b. $76,500 D c. $38,500 O d. $49,600

Peter's Tasty Chip Company Ltd manufactures potato chips. Suppose the company's January records include the following items – 2$ Company's director's salary 55,000 Direct labour 70,000 Factory supervisor salaries 26,500 Income tax expense 17,000 Factory cleaning cost 19,000 Work in process, 31 Jan 30,000 Finished goods, 31 Jan 40,000 Finished goods, 1 Jan 31,000 Depreciation expense on company cars used by salesforce Oil for all manufacturing 14,000 equipment in factory 15,000 Work in process, 1 Jan 20,000 Factory electricity expense 13,000 Raw materials, 31 Jan 27,000 Raw materials, 1 Jan 40,000 What is Total Manufacturing Overhead incurred in January? elect one: D a. $73,500 O b. $76,500 D c. $38,500 O d. $49,600

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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