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Rabid Manufacturing Company has the following data:
Direct labor $145,000
Direct materials used 151,000
Total manufacturing overhead 208,000
Beginning work in process 26,000
Compute total manufacturing costs.
Total manufacturing costs $_________
Compute total cost of work in process.
Total cost of work in process $__________

Sagot :

Answer:

Total manufacturing costs $504,000

Total cost of work in process $530,000

Explanation:

Calculation for Total manufacturing costs

Direct labor $145,000

Direct materials used 151,000

Total manufacturing overhead 208,000

Total manufacturing costs $504,000

Calculation for Total cost of work in process

Direct labor $145,000

Direct materials used 151,000

Total manufacturing overhead 208,000

Beginning work in process 26,000

Total cost of work in process $530,000

Therefore Total manufacturing costs is $504,000 and Total cost of work in process is $530,000