Question

The following data are given for a period (all amounts are in dollars): Raw (direct) materials: 1,000 at beginning, 1,500 at end Work-in-process: 3,000 at beginning, 2,400 at end Finished goods 6,000 at beginning, 9,300 at end Purchase of raw (direct) material: 4,000 during period Direct labor: 5,000 Manufacturing overhead: 7,000 The amount of total manufacturing cost for the period is:

Answer 1

$17,500

Step-by-step explanation:

Give that

Direct raw materials at the beginning = $1,000

End work in process =$3,000

Beginning work in process = $3,000

End finished goods = $2,400

Beginning finished goods = $6,000

Total manufacturing cost = (Direct materials + Direct labor + Overhead applied) + Beginning work in process inventory - Ending work in process inventory

= ($4,000 + $5,000 + $7,000) + $3,000 - $1,500

= $17,500