Ask Question
12 April, 21:05

Asteroid Industries accumulated the following cost information for the year: Direct materials $15,200Indirect materials 3,200Indirect labor 7,700Factory depreciation 12,000Direct labor 36,200 Using the above information, total factory overhead costs equal: a. $74.300. b. $22,900. c. $12,000. d. $15,200. e. $51,400.

+4
Answers (1)
  1. 13 April, 00:02
    0
    b. $22,900.

    Explanation:

    The computation of the total factory overhead costs is shown below:

    = Indirect materials + indirect labor + Factory depreciation

    = $3,200 + $7,700 + $12,000

    = $22,900

    The total factory overhead costs deal with indirect costs only. It excluded the direct cost that means it does not consider the direct cost i. e direct material cost, direct labor cost, etc
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Asteroid Industries accumulated the following cost information for the year: Direct materials $15,200Indirect materials 3,200Indirect labor ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers