Question

Use the cost information below for Laurels Company to determine the manufacturing costs added during the current year:

Direct materials used $5,000
Direct labor used 7,000
Total factory overhead 5,100
Beginning work in process inventory 3,000
Ending work in process inventory 4,000

Answer 1

$17,100

Step-by-step explanation:

Calculation to determine the manufacturing costs added during the current year

Direct materials used $5,000

Add Direct Labor $7,000

Add Total Factory overhead $5,100

Total manufacturing $17,100

($5,000+$7,000+$5,100)

Therefore the manufacturing costs added during the current year is $17,100