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- May 8, 2010
Direct Material Costs / Manufacturing overhead?
I can't seem to get the right answer for this. I thought it's just costs of good manufacturing = direct material? can someone help please?
1)
Direct Labor $400
Indirect materials 375
Beginning work in process 0
Ending work in process 0
costs of goods manufactured 1,050
beginning finished goods 2,450
ending finished goods 3,400
How much direct material costs were incurred during this period?
2)
Purchases of direct materials $30,000
Indirect labor 20,000
ending direct materials inventory 10,000
beginning direct materials inventory 0
total manufacturing costs 115,000
direct labor 25,000
How much manufacturing overhead was incurred during this period?
Can you tell the answer and how you got it cuz i'm really confused right now
I can't seem to get the right answer for this. I thought it's just costs of good manufacturing = direct material? can someone help please?
1)
Direct Labor $400
Indirect materials 375
Beginning work in process 0
Ending work in process 0
costs of goods manufactured 1,050
beginning finished goods 2,450
ending finished goods 3,400
How much direct material costs were incurred during this period?
2)
Purchases of direct materials $30,000
Indirect labor 20,000
ending direct materials inventory 10,000
beginning direct materials inventory 0
total manufacturing costs 115,000
direct labor 25,000
How much manufacturing overhead was incurred during this period?
Can you tell the answer and how you got it cuz i'm really confused right now