The following account balances has been extracted from Jimbob Co.'s general ledger: What was the total of manufacturing overhead?

Question

The following account balances has been extracted from Jimbob Co.'s general ledger:  What was the total of manufacturing overhead?

Quizplus · Accepted Answer

To find the total manufacturing overhead, we need to add up all the manufacturing overhead related account balances.

Manufacturing overhead related account balances:

- Depreciation on factory equipment: $50,000 
- Property taxes on factory building: $30,000 
- Rent on factory building: $80,000

Total manufacturing overhead = $50,000 + $30,000 + $80,000 = $160,000

The Following Account Balances Has Been Extracted from Jimbob Co