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

Section: Chapter Questions

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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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. . .
What is the cost of goods manufacturerd solution this general accounting question
In the manufacture of 9,400 units of a product, direct materials cost incurred was $170,200, direct labor cost incurred was $110,800, and applied factory overhead was $49,000. What is the total conversion cost? a.$159,800 b.$49,000 c.$170,200 d.$330,000
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
Then direct labor is
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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.

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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