Dagostino Corporation uses a job-order costing system. The following data relate to the just completed month's operations.(1) Direct materials requisitioned for use in production, $154,000(2) Indirect materials requisitioned for use in production, $45,000(3) Direct labor wages incurred, $94,000(4) Indirect labor wages incurred, $119,000(5) Depreciation recorded on factory equipment, $44,000(6) Additional manufacturing overhead costs incurred, $83,000(7) Manufacturing overhead costs applied to jobs, $236,000(8) Cost of jobs completed and transferred from Work in Process to Finished Goods, $458,000Use the following T-accounts to answer the following questionsWork In ProcessBal.$48,000                  Manufacturing

Overhead                        The total amount of manufacturing overhead actually incurred was:

A. $236,000
B. $291,000
C. $247,000
D. $246,000


Answer: B

Business

You might also like to view...

As part of the planning stage of management, capital investment needs are identified

Indicate whether the statement is true or false

Business

You work in a large office in the "bullpen," a large open area of desks, chairs and computers, where about 50 people work, separated only by low-level cubicle walls. In this area, several teams of people work together on different projects. Lately, there have been a lot of pranks played by one rowdy team upon another team (not yours), which have escalated. Yesterday, someone lowered the seat of a

worker's chair while he was out of his cubicle, and when he returned and attempted to sit down, he fell and injured his back. You believe this conduct needs to stop, but management has so far ignored the situation. What should you do and why? a. do nothing; if you report this conduct, you'll be ostracized by your co-workers; besides, its harmless horseplay b. report the behavior to management, telling them about the potential for more serious injuries, and asking them to take steps to stop it before anyone else is injured c. report the behavior to OSHA, and ask for an inspection; OSHA can't reveal your name, so no one will know (though the company may get in trouble)

Business

If you invest $1,525,000 in a business and earn a return of $775,000, what is your ROI?

A. 51% B. 42% C. 45% D. 48%

Business

What is likely to be the most credible exchange rate system?

What will be an ideal response?

Business