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Company manufactured 100,000 units in 2019 and reported the following costs: Indirect manufacturing labor 275,200 Rental costs-plant $ 384,000 Fire insurance-plant 116,000 Depreciation-plant 224,000 Property taxes-plant 32,000 Administration costs 800,000 Direct materials, 1/1/X5 384,000 Sales revenue 12,800,000 Direct manufacturing labor 2
Company manufactured 100,000 units in 2019 and reported the following costs: Indirect manufacturing labor 275,200 Rental costs-plant $ 384,000 Fire insurance-plant 116,000 Depreciation-plant 224,000 Property taxes-plant 32,000 Administration costs 800,000 Direct materials, 1/1/X5 384,000 Sales revenue 12,800,000 Direct manufacturing labor 2.176.000 Direct material purchases 3,136,000 Finished goods, 12/31/X5 1.280.000 Sales commissions 640,000 Advertising costs 480,000 Sales salaries 576,000 What is the total manufacturing overhead costs incurred in 20199 Select one: a. $ 1.031.200 b. $ 2.496.000 O c. $ 1.315,200 O d. $ 1.571.200
Expert Solution
| Answer: a. $ 1,031,200 |
Calculation:
| Particulars | $ |
| Indirect Manufacturing labor | 275,200 |
| Fire insurance- plant | 116,000 |
| Property taxes- plant | 32,000 |
| Rental costs- plant | 384,000 |
| Depreciation- plant | 224,000 |
| Total Manufacturing overhead costs | 1,031,200 |
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