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Author Question: Better Products Company manufactures insulation and applies manufacturing overhead costs to ... (Read 165 times)

cookcarl

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Better Products Company manufactures insulation and applies manufacturing overhead costs to production at a budgeted indirect-cost rate of $18 per direct labor-hour. The following data are obtained from the accounting records for October 2018:

Direct materials$370,000
Direct labor (3,300 hours @ $17/hour)56,100
Indirect labor22,000
Plant facility rent53,000
Depreciation on plant machinery and equipment41,000
Sales commissions17,000
Administrative expenses29,000

The actual amount of manufacturing overhead costs incurred in October 2018 totals ________.
◦ $277,500
◦ $116,000
◦ $162,000
◦ $123,000


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Marked as best answer by cookcarl on Mar 6, 2021

Animal_Goddess

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cookcarl

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Reply 2 on: Mar 6, 2021
YES! Correct, THANKS for helping me on my review


mjenn52

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Reply 3 on: Yesterday
Excellent

 

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