Becker companys direct labor cost for the year is a

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81. Becker Company's direct labor cost for the year is a. $18,000. b. $90,000. c. $54,000. d. $72,000. 82. Becker Company's ending work in process inventory is 83. Reich Manufacturing Company developed the following data: Beginning work in process inventory $ 90,000 Direct materials used 70,000 Actual overhead 110,000 Overhead applied 80,000 Cost of goods manufactured 120,000 Ending work in process 200,000 Reich Manufacturing Company's total manufacturing costs for the period are 84. Which of the following is not used in assigning manufacturing costs to work in process inventory? 85. On the cost of goods manufactured schedule, the cost of goods manufactured agrees with the a. balance of Finished Goods Inventory at the end of the period. b. total debits to Work in Process Inventory during the period. c. amount transferred from Work in Process Inventory to Finished Goods during the period. d. debits to Cost of Goods Sold during the period. 2- 1 0
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Job Order Cost Accounting 86. Gannon Company had the following information at December 31: Finished goods inventory, January 1 $20,000 Finished goods inventory, December 31 60,000 If the cost of goods manufactured during the year amounted to $840,000 and annual sales were $1,100,000, the amount of gross profit for the year is 87. Winter Company incurred direct materials costs of $500,000 during the year. Manufactur- ing overhead applied was $90,000 and is applied at the rate of 60% of direct labor costs. Winter Company’s total manufacturing costs for the year were 88. Cost of goods sold is obtained from 89. In a job order cost system, a credit to Manufacturing Overhead will be accompanied by a debit to a. Cost of Goods Manufactured. b. Finished Goods Inventory. c. Work in Process Inventory. d. Raw Materials Inventory. 90. Debits to Work in Process Inventory are accompanied by a credit to all but one of the following accounts: 91. Which of the following is not viewed as part of accumulating manufacturing costs in a job order cost system?
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