Question

Sales $ 651,000 Direct labor cost $ 80,000 Raw material purchases $ 139,000 Selling expenses $...

Sales $ 651,000 Direct labor cost $ 80,000 Raw material purchases $ 139,000 Selling expenses $ 104,000 Administrative expenses $ 47,000 Manufacturing overhead applied to work in process $ 209,000 Actual manufacturing overhead costs $ 227,000 Raw materials $ 8,900 $ 10,800 Work in process $ 5,200 $ 20,200 Finished goods $ 74,000 $ 25,500 How do I find the total manufacturing cost

Homework Answers

Answer #1

Total manufacturing cost can be calculated as follows :

Direct materials:
Beginning raw materials inventory $8,900
Add: Purchases of raw materials 139,000
Raw materials available for use 147,900
Less: Ending raw materials inventory (10,800)
Raw materials used in production $137,100
Direct labor 80,000
Manufacturing overhead 209000
Total manufacturing costs 426,100

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