Figure 5 - 4 Lanyard Company uses a job-order costing system to account for product costs. The following information pertains to 2014:
Factory overhead rate is $18 per direct labor hour.
Refer to Figure 5-4. What is the total amount credited to Materials Inventory for Lanyard in 2014?

Question

Figure 5 - 4 Lanyard Company uses a job-order costing system to account for product costs. The following information pertains to 2014:
 Factory overhead rate is $18 per direct labor hour.
Refer to Figure 5-4. What is the total amount credited to Materials Inventory for Lanyard in 2014?

Quizplus · Accepted Answer

The Answer of Figure 5 - 4 Lanyard Company uses a job-order costing system to account for product costs. The following information pertains to 2014:
 Factory overhead rate is $18 per direct labor hour.
Refer to Figure 5-4. What is the total amount credited to Materials Inventory for Lanyard in 2014?

Figure 5 - 4 Lanyard Company Uses a Job-Order Costing