Question

Comet Company accumulated the following account information for the year: Beginning raw materials inventory $ 5,100 Indirect materials cost 1,100 Indirect labor cost 4,100 Maintenance of factory equipment 1,900 Direct labor cost 6,100 Using the above information, total factory overhead costs equal:

Answer 1

See below

Step-by-step explanation:

Given that ;

Beginning raw materials inventory

= $5,100

Indirect materials cost = $1,100

Indirect labor cost = $4,100

Maintenance of factory equipment = $1,900

Direct labor cost = $6,100

Factory overhead = Indirect materials + indirect labor + maintenance of factory equipment

Factory overhead = $1,100 + $4,100 + $1,900

Factory overhead = $7,100