The following accounts are from last year's books of Sharp Manufacturing: Bal (a) Bal (f) Raw Materials 0 (b) 164,500 10,300 Multiple Choice Finished Goods (g) 510,800 49,800 Cost of Goods Sold 461,000 O $164.500 $154,200 $132.100 154,200 Bal (b) (c) (e) $168,200 461,000 (b) (c) (d) Work In Process 0 (f) 132, 100 168, 200 210,500 Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. What is the amount of direct materials used for the year? Manufacturing Overhead 22,100 (e) 26,100 156,200 510,800 210,500 6,100
The following accounts are from last year's books of Sharp Manufacturing: Bal (a) Bal (f) Raw Materials 0 (b) 164,500 10,300 Multiple Choice Finished Goods (g) 510,800 49,800 Cost of Goods Sold 461,000 O $164.500 $154,200 $132.100 154,200 Bal (b) (c) (e) $168,200 461,000 (b) (c) (d) Work In Process 0 (f) 132, 100 168, 200 210,500 Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. What is the amount of direct materials used for the year? Manufacturing Overhead 22,100 (e) 26,100 156,200 510,800 210,500 6,100
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Transcribed Image Text:The following accounts are from last year's books of Sharp Manufacturing:
Bal
(a)
Bal
(f)
Raw Materials
0 (b)
164,500
10,300
Multiple Choice
Finished Goods
(g)
510,800
49,800
Cost of Goods Sold
461,000
O $164.500
$154,200
$132.100
154,200 Bal
(b)
(c)
(e)
$168,200
461,000 (b)
(c)
(d)
Work In Process
0 (f)
132,100
168, 200
210,500
Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor
costs. What is the amount of direct materials used for the year?
Manufacturing Overhead.
22,100 (e)
26,100
156,200
510,800
210,500
6,100
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