What are the total manufacturing costs

Assignment Help Financial Accounting

Reference no: EM13749773

Work in process inventory on December 31, 20X8, is $42,000.

Work in process inventory increased 60% during 20X8.

Cost of goods manufactured for 20X8 amounts to $260,000.

What are the total manufacturing costs incurred in 20X8?

A) $218,000

B) $275,750

C) $233,750

D) $302,000

Reference no: EM13749773

Questions Cloud

Flexible budgeting : At the beginning of the period, the Assembly Department budgeted direct labor of $123,500 and property tax of $10,000 for 6,500 hours of production. The department actually completed 7,300 hours of production.

How does the dual court system operate in the united states : How does the dual court system operate in the United States? o How does the U.S. court system compare to court systems in other countries?

Advertising expenditures are increased and sales increase : The sales manager believes sales could be increased by 625 units of advertising expenditure were increased by 14000$. If advertising expenditures are increased and sales increas by 625 units, the effect on operating income will be a :

Describe how information systems are used : Choose a company that you are familiar with, and like the best or use very often. Describe how Information Systems are used in this company

What are the total manufacturing costs : Cost of goods manufactured for 20X8 amounts to $260,000. What are the total manufacturing costs incurred in 20X8?

What is the contribution margin ratio : Rasmussen company sells only one product at a regular price of 30$ per unit. Variable expenses are 75% of sales and fixed expenses are 44000$. Management has decided to decrease the selling price to 25.50$ in hopes of increasing its volume of sales. ..

Own payroll but rapid expansion is making demands : The owner of a small family-owned business prepares his own payroll but rapid expansion is making demands for his time in other areas. He hires you to design payroll procedures with the proper internal controls that a small payroll department can han..

The balance in the office supplies account : The balance in the office supplies account on June 1 was $5200, supplies purchased during dune were $2500, and the supplies on hand at June 30 were $2000. The amount to be used for the appropriate adjusting entry is A. $4500 B. $2500 C. $9700 D.$5700

Difference in file-oriented transaction processing system : What is the difference between file-oriented transaction processing systems and relational database systems? Discuss the advantages and disadvantages of these systems.

User Account

All Pages