Please provide this general accounting question What is the cost of goods manufactured if••.•beginning work in process was $30,000,ending work in process was $30,000,raw materials used were $60,000,direct labor was $50,000, andmanufacturing overhead was $20,000?a) $130,000b) $160,000c) $110,000d) $190,000

Step 1: Define Manufacturing CostsManufacturing costs include all the costs that might be direct or…

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Principles of Accounting Volume 2

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ISBN:9781947172609

Author:OpenStax

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Chapter5: Process Costing

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Problem 8MC: What is the conversion cost to manufacture insulated travel cups if the costs are: direct materials,...

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What is the cost of goods manufactured if beginning work in process was $30,000, ending work in process was $30,000, raw materials used were $60,000, direct labor was $50,000, and manufacturing overhead was $20,000? $130,000 $160,000 $110,000 $190,000
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If direct materials cost $200,000; direct labour costs $150,000 and manufacturing overhead costs $100,000 how much is the total conversion cost?
1. The prime cost for company XYZ was $20,000, while the conversion cost was $25,000. Assume that direct labor cost is three times the direct materials cost and that the manufacturing overhead cost was two times the direct materials cost. Calculate the direct labor cost ($)? a. 30,000 b. 10,000 c. 15,000 d. 5,000 e. 45,000
The prime cost for company XYZ was $20,000, while the conversion cost was $25,000. Assume that direct labor cost is three times the direct materials cost and that the manufacturing overhead cost was two times the direct materials cost. Calculate the direct materials cost ($). O a. 15,000 O b. 5,000 O c. 10,000 O d. 30,00O O e. 45,000
A company's prime costs total $3,100,000 and its conversion costs total $7,100,000. If direct materials are $1,050,000 and factory overhead is $5,050,000, then direct labor is: Multiple Choice • $4,000,000. . • $2,050,000. $14,200,000. • $1,000,000. $3,100,000. . .
Consider the following costs: £ Production supervisor’s salary 34,000 Direct materials 27,000 Selling expenses 16,000 Indirect materials 22,000 Depreciation of factory equipment 25,000 Direct labour 23,000 Utilities for factory 9,000 Administrative expenses 21,000 What is the total amount of manufacturing overhead? a. £89,000 b. £68,000 c. £90,000 d. £140,000
The prime cost for company XYZ was $20,000, while the conversion cost was $25,000. Assume that direct labor cost is three times the direct materials cost and that the manufacturing overhead cost was two times the direct materials cost. Calculate the direct materials cost ($). O a. 15,000 O b. 30,000 O c. 10,000 O d. 5,000 O e. 45,000 JS PAGE NEXT PAGE 11:37 re to search ADA 4x ENG 22-05-2021 hp prt se 144 delete home wnd 7\ 9 + backspace num lock L. E 8 A home D. K enter 50 pause B 1 shift 11 end alt ctrl 立
Then direct labor is
13. A company's prime costs total $4,662,000 and its conversion costs total $5,680,000. If direct materials costs are $2,198,000, calculate the overhead costs: a) $3,482,000. b) $3,216,000. c) $1,018,000. d) $2,464,000. e) $2,198,000.
The prime cost for company XYZ was $20,000, while the conversion cost was $25,000. Assume that direct labor cost is three times the direct materials cost and that the manufacturing overhead cost was two times the direct materials cost. Calculate the total manufacturing cost ($). O a. 30,000 O b. 15,000 Oc 10,00O O d. 5,000 O e. 45,000

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What is the cost of goods manufactured if • • . • beginning work in process was $30,000, ending work in process was $30,000, raw materials used were $60,000, direct labor was $50,000, and manufacturing overhead was $20,000? a) $130,000 b) $160,000 c) $110,000 d) $190,000