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Author Question: Addison Company uses a job costing system. Addison Company's schedule of cost of goods manufactured ... (Read 230 times)

moongchi

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Addison Company uses a job costing system. Addison Company's schedule of cost of goods manufactured showed the following amounts for the month ended August 31.

Cost of goods manufactured$101,000
Cost of direct materials used38,000
Cost of direct labour ($25 per hour)80,000
Work in process inventory, August 112,000

Manufacturing overhead cost is allocated at the rate of $10 per direct labour hour. Actual manufacturing overhead costs for August amount to $42,000.


What is the amount of allocated manufacturing overhead costs for August at Addison Company?
◦ $101,000
◦ $60,000
◦ $80,000
◦ $32,000


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Marked as best answer by moongchi on Jan 4, 2020

carolinefletcherr

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