Author Question: To follow is selected financial data from Harmon Manufacturing for the most recent year.Ending raw ... (Read 120 times)

biggirl4568 · **on:** Jan 4, 2020

To follow is selected financial data from Harmon Manufacturing for the most recent year.

Ending raw materials inventory	$19,000
Ending work in process inventory	$42,000
Ending finished goods inventory	$54,100
Amount of underallocated manufacturing overhead	$3,100
Cost of goods sold for year	$81,000
Cost of raw materials purchased during year	$45,300
Cost of direct materials requisitioned during year	$41,700
Cost of indirect materials requisitioned during year	$7,100
Cost of goods completed during year	$110,000
Manufacturing overhead allocated	$60,000
Manufacturing overhead % of direct labour cost	125%

What is the actual manufacturing overhead at Harmon Manufacturing?
◦ $60,000
◦ $3,100
◦ $56,900
◦ $63,100

ally · **Reply #1 on:** Jan 4, 2020

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