Demur Inc., a manufacturing company, has provided the following data for the month of April. The balance in the Work-in-Process Inventory account was $10,000 at the beginning of the month and $22,000 at the end of the month. During the month, the company incurred direct materials cost of $63,000 and direct labor cost of $39,000. The actual manufacturing overhead cost incurred was $40,000. The manufacturing overhead cost applied to Work-in-Process was $43,000. The cost of goods manufactured for April was:
A) $133,000.
B) $142,000.
C) $145,000.
D) $130,000.
Correct Answer:
Verified
Q55: Carson Inc. has provided the following data
Q56: Pigot Corporation uses job costing and
Q57: What are the transfers from the Finished
Q58: Under Eagle Co.'s job costing system,
Q59: Which of the following accounts is debited
Q61: It is possible that the total cost
Q62: In a job costing system, the dollar
Q63: Manufacturing overhead applied on the basis of
Q64: Which of the following events or transactions
Q65: In a traditional job costing system, the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents