The amount of direct manufacturing labor cost in 2014. Given information: 2014, Manufacturing overhead allocated is $4,100,000. Rate of allocation is 250%.

Question

Want to see the full answer?

Answer 1

Question

Chapter 4, Problem 4.35P

(1)(a)

To determine

To compute: The amount of direct manufacturing labor cost in 2014.

Given information:

2014,

Manufacturing overhead allocated is $4,100,000.

Rate of allocation is 250%.

(b)

To determine

To compute: The cost of direct material used in 2014.

Given information:

2014,

Manufacturing overhead allocated is $4,100,000.

Total manufacturing cost is $8,300,000.

Direct manufacturing labor cost is $1,640,000.

2.

To determine

To compute: The closing work in progress (WIP) inventory in 2014.

Given information:

2014,

Opening work in progress inventory is $420,000.

Total manufacturing cost is $8,300,000.

Cost of finished goods is $8,100,000.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Students have asked these similar questions

Martinez Company plans to sell 8,500 orange beach umbrellas during May, 6,800 in June, and 8,500 during July. The company keeps 16.75% of the next month's sales as ending inventory. How many units should Martinez produce during June? (Rounding to whole units since you can't produce partial umbrellas). a. 5,374 b. 6,200 c. 7,157 d. Not enough information to determine.

No WRONG ANSWER

Solve question and accounting question

Answer 2

Question

Chapter 4, Problem 4.35P

(1)(a)

To determine

To compute: The amount of direct manufacturing labor cost in 2014.

Given information:

2014,

Manufacturing overhead allocated is $4,100,000.

Rate of allocation is 250%.

(b)

To determine

To compute: The cost of direct material used in 2014.

Given information:

2014,

Manufacturing overhead allocated is $4,100,000.

Total manufacturing cost is $8,300,000.

Direct manufacturing labor cost is $1,640,000.

2.

To determine

To compute: The closing work in progress (WIP) inventory in 2014.

Given information:

2014,

Opening work in progress inventory is $420,000.

Total manufacturing cost is $8,300,000.

Cost of finished goods is $8,100,000.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 3

Question

Chapter 4, Problem 4.35P

(1)(a)

To determine

To compute: The amount of direct manufacturing labor cost in 2014.

Given information:

2014,

Manufacturing overhead allocated is $4,100,000.

Rate of allocation is 250%.

(b)

To determine

To compute: The cost of direct material used in 2014.

Given information:

2014,

Manufacturing overhead allocated is $4,100,000.

Total manufacturing cost is $8,300,000.

Direct manufacturing labor cost is $1,640,000.

2.

To determine

To compute: The closing work in progress (WIP) inventory in 2014.

Given information:

2014,

Opening work in progress inventory is $420,000.

Total manufacturing cost is $8,300,000.

Cost of finished goods is $8,100,000.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 4

Question

Chapter 4, Problem 4.35P

(1)(a)

To determine

To compute: The amount of direct manufacturing labor cost in 2014.

Given information:

2014,

Manufacturing overhead allocated is $4,100,000.

Rate of allocation is 250%.

(b)

To determine

To compute: The cost of direct material used in 2014.

Given information:

2014,

Manufacturing overhead allocated is $4,100,000.

Total manufacturing cost is $8,300,000.

Direct manufacturing labor cost is $1,640,000.

2.

To determine

To compute: The closing work in progress (WIP) inventory in 2014.

Given information:

2014,

Opening work in progress inventory is $420,000.

Total manufacturing cost is $8,300,000.

Cost of finished goods is $8,100,000.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 5

Chapter 4, Problem 4.35P

(1)(a)

To determine

To compute: The amount of direct manufacturing labor cost in 2014.

Given information:

2014,

Manufacturing overhead allocated is $4,100,000.

Rate of allocation is 250%.

(b)

To determine

To compute: The cost of direct material used in 2014.

Given information:

2014,

Manufacturing overhead allocated is $4,100,000.

Total manufacturing cost is $8,300,000.

Direct manufacturing labor cost is $1,640,000.

2.

To determine

To compute: The closing work in progress (WIP) inventory in 2014.

Given information:

2014,

Opening work in progress inventory is $420,000.

Total manufacturing cost is $8,300,000.

Cost of finished goods is $8,100,000.

Answer 6

Chapter 4, Problem 4.35P

(1)(a)

To determine

To compute: The amount of direct manufacturing labor cost in 2014.

Given information:

2014,

Manufacturing overhead allocated is $4,100,000.

Rate of allocation is 250%.

Answer 7

Chapter 4, Problem 4.35P

(1)(a)

To determine

To compute: The amount of direct manufacturing labor cost in 2014.

Given information:

2014,

Manufacturing overhead allocated is $4,100,000.

Rate of allocation is 250%.

Answer 8

(b)

To determine

To compute: The cost of direct material used in 2014.

Given information:

2014,

Manufacturing overhead allocated is $4,100,000.

Total manufacturing cost is $8,300,000.

Direct manufacturing labor cost is $1,640,000.

Answer 9

(b)

To determine

To compute: The cost of direct material used in 2014.

Given information:

2014,

Manufacturing overhead allocated is $4,100,000.

Total manufacturing cost is $8,300,000.

Direct manufacturing labor cost is $1,640,000.

Answer 10

2.

To determine

To compute: The closing work in progress (WIP) inventory in 2014.

Given information:

2014,

Opening work in progress inventory is $420,000.

Total manufacturing cost is $8,300,000.

Cost of finished goods is $8,100,000.

Answer 11

2.

To determine

To compute: The closing work in progress (WIP) inventory in 2014.

Given information:

2014,

Opening work in progress inventory is $420,000.

Total manufacturing cost is $8,300,000.

Cost of finished goods is $8,100,000.

Answer 12

Expert Solution & Answer

Answer 13

Expert Solution & Answer

Answer 14

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 15

Ch. 4 - Define cost pool, cost tracing, cost allocation,...Ch. 4 - How does a job-costing system differ from a...Ch. 4 - Why might an advertising agency use job costing...Ch. 4 - Describe the seven steps in job costing.Ch. 4 - Give examples of two cost objects in companies...Ch. 4 - Describe three major source documents used in...Ch. 4 - What is the advantage of using computerized source...Ch. 4 - Give two reasons why most organizations use an...Ch. 4 - Distinguish between actual costing and normal...Ch. 4 - Describe two ways in which a house-construction...

The amount of direct manufacturing labor cost in 2014. Given information: 2014, Manufacturing overhead allocated is $4,100,000. Rate of allocation is 250%.

To compute: The amount of direct manufacturing labor cost in 2014. Given information: 2014, Manufacturing overhead allocated is $4,100,000. Rate of allocation is 250%.

To compute: The cost of direct material used in 2014. Given information: 2014, Manufacturing overhead allocated is $4,100,000. Total manufacturing cost is $8,300,000. Direct manufacturing labor cost is $1,640,000.

To compute: The closing work in progress (WIP) inventory in 2014. Given information: 2014, Opening work in progress inventory is $420,000. Total manufacturing cost is $8,300,000. Cost of finished goods is $8,100,000.

Want to see the full answer?

Chapter 4 Solutions

To compute: The amount of direct manufacturing labor cost in 2014.

Given information:

2014,

Manufacturing overhead allocated is $4,100,000.

Rate of allocation is 250%.

To compute: The cost of direct material used in 2014.

Given information:

2014,

Manufacturing overhead allocated is $4,100,000.

Total manufacturing cost is $8,300,000.

Direct manufacturing labor cost is $1,640,000.

To compute: The closing work in progress (WIP) inventory in 2014.

Given information:

2014,

Opening work in progress inventory is $420,000.

Total manufacturing cost is $8,300,000.

Cost of finished goods is $8,100,000.