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Question 4 Not yet answered Marked out of 0.33 Flag question Countertops Unlimited, a manufacturer of kitchen and bath countertops, had the following information for production last period: Beginning Work in Process Inventory $50,000 Ending Work in Process Inventory Beginning Materials Inventory 60,000 32.000 Materials Purchased Ending Materials Inventory Direct Labor 28.000 410,000 130.000 Indirect Labor 40,000 Indirect Materials Used 110,000 Factory Rent 70.000 Factory Utilities 30,000 Office Supplies Administrative Salaries 20,000 210.000 Assuming that all manufacturing overhead was applied to Work in Process Inventory. Total Manufacturing Costs for the period was: Select one: a. $250,000 b. $684.000 c. None of the listed amounts d. $734.000 e. $434,000

Question 4 Not yet answered Marked out of 0.33 Flag question Countertops Unlimited, a manufacturer of kitchen and bath countertops, had the following information for production last period: Beginning Work in Process Inventory $50,000 Ending Work in Process Inventory Beginning Materials Inventory 60,000 32.000 Materials Purchased Ending Materials Inventory Direct Labor 28.000 410,000 130.000 Indirect Labor 40,000 Indirect Materials Used 110,000 Factory Rent 70.000 Factory Utilities 30,000 Office Supplies Administrative Salaries 20,000 210.000 Assuming that all manufacturing overhead was applied to Work in Process Inventory. Total Manufacturing Costs for the period was: Select one: a. $250,000 b. $684.000 c. None of the listed amounts d. $734.000 e. $434,000

FINANCIAL ACCOUNTING
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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Question 4 Not yet answered Marked out of 0.33 Flag question Countertops Unlimited, a manufacturer of kitchen and bath countertops, had the following information for production last period: Beginning Work in Process Inventory $50,000 Ending Work in Process Inventory Beginning Materials Inventory 60,000 32.000 Materials Purchased Ending Materials Inventory Direct Labor 28.000 410,000 130.000 Indirect Labor 40,000 Indirect Materials Used 110,000 Factory Rent 70.000 Factory Utilities 30,000 Office Supplies Administrative Salaries 20,000 210.000 Assuming that all manufacturing overhead was applied to Work in Process Inventory. Total Manufacturing Costs for the period was: Select one: a. $250,000 b. $684.000 c. None of the listed amounts d. $734.000 e. $434,000
Transcribed Image Text:Question 4 Not yet answered Marked out of 0.33 Flag question Countertops Unlimited, a manufacturer of kitchen and bath countertops, had the following information for production last period: Beginning Work in Process Inventory $50,000 Ending Work in Process Inventory Beginning Materials Inventory 60,000 32.000 Materials Purchased Ending Materials Inventory Direct Labor 28.000 410,000 130.000 Indirect Labor 40,000 Indirect Materials Used 110,000 Factory Rent 70.000 Factory Utilities 30,000 Office Supplies Administrative Salaries 20,000 210.000 Assuming that all manufacturing overhead was applied to Work in Process Inventory. Total Manufacturing Costs for the period was: Select one: a. $250,000 b. $684.000 c. None of the listed amounts d. $734.000 e. $434,000
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