Dacosta Corporation had only one job in process on May 1. The job had been charged with $1,800 of direct materials, $6,966 of direct labor, and $9,936 of manufacturing overhead cost. The company assigns overhead cost to jobs using the predetermined overhead rate of $18.40 per direct labor-hour.
During May, the following activity was recorded:
Work in process inventory on May 30 contains $3,741 of direct labor cost. Raw materials consist solely of items that are classified as direct materials.
-The cost of goods manufactured for May was:
A) $97,110
B) $110,600
C) $98,770
D) $100,535

Question

Dacosta Corporation had only one job in process on May 1. The job had been charged with $1,800 of direct materials, $6,966 of direct labor, and $9,936 of manufacturing overhead cost. The company assigns overhead cost to jobs using the predetermined overhead rate of $18.40 per direct labor-hour.
During May, the following activity was recorded:
  Work in process inventory on May 30 contains $3,741 of direct labor cost. Raw materials consist solely of items that are classified as direct materials.
-The cost of goods manufactured for May was:
A) $97,110 
B) $110,600 
C) $98,770 
D) $100,535

Quizplus · Accepted Answer

Beginning work in process inventory = $1,800 + $6,966 + $9,936 = $18,702
 11ea7761_18fa_bcd2_81a5_d50d3e5231e6_TB2580_00

Dacosta Corporation Had Only One Job in Process on May