Question

The following information is available from the records of Kamond Cut, Inc.:Direct Materials-Assembly Department $10,000

Direct Materials-Finishing Department 15,000
Direct Labor-Assembly Department 11,000
Direct Labor-Finishing Department 20,000
Applied Overhead-Assembly Department 11,000
Applied Overhead-Finishing Department 20,000
Actual Overhead-Assembly Department 12,500
Actual Overhead-Finishing Department 17,500
What are the "total costs to account for" in the Assembly Department?

Answer 1

Answer: The answer is $32000.

Explanation: To calculate "total costs to account for" in the Assembly Department we have to take into account all the direct costs of this department and overhead costs APPLIED.

Direct Materials - Assembly Department $10,000

Direct Labor - Assembly Department $11,000

Applied Overhead - Assembly Department $11,000

TOTAL COST ASSEMBLY DEPARTMENT = $32000