what is the cost of goods manufactured if beginning inventory is $8000.Calculate the cost of goods sold using indirect method with a beginning finished hoods inventory of $12000 Estimated total fixed manufacturing overheadEstimated variable manufacturing overhead per direct labor-hourEstimated total direct labor-hours to be worked$10,0001.002,000$12,500Total actual manufacturing overhead costs incurredDirect materialsDirect labor costJob P$ 13,000Job Q$8,000$7.500$21,0001,400Actual direct labor-hours worked500

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Cost of goods manufactured is the total cost of direct material, labor and manufacturing overhead…

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the cost of goods manufactured if beginning inventory is $8000. Calculate the cost of goods sold using indirect method with a beginning finished hoods inventory of $12000

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter6: Activity-based, Variable, And Absorption Costing

Section: Chapter Questions

Problem 1EA: Steeler Towel Company estimates its overhead to be $250,000. It expects to have 100,000 direct labor...

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