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Homework answers / question archive / The total manufacturing costs incurred during the year were: Direct materials used $12,500 Goods in process, January 1 50,000 Goods in process, December 31 37,000 Total Factory overhead 5,500 Direct labor used 26,500 a) $44,500 b) $13,000 c) $94,500 d) $57,500
The total manufacturing costs incurred during the year were:
Direct materials used $12,500
Goods in process, January 1 50,000
Goods in process, December 31 37,000
Total Factory overhead 5,500
Direct labor used 26,500
a) $44,500
b) $13,000
c) $94,500
d) $57,500
Given,
Direct material used= 12,500
Direct labor used= 26,500
Total factory overhead= 5,500
So,
Total manufacturing cost= 12500+ 26500+ 5500
= $44500