Criba Company has the following dа ta: direct labor $560,000, direct materials used $421,000, total manufacturing overhead $206,000, and beginning work in process $47,000. Instructions Compute total manufacturing costs (include two decimal places with no commas or special characters)

Question

Business

Kade Spencer

2 February, 07:30

Criba Company has the following dа ta: direct labor $560,000, direct materials used $421,000, total manufacturing overhead $206,000, and beginning work in process $47,000. Instructions Compute total manufacturing costs (include two decimal places with no commas or special characters)

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Santino Gates · Answer 1

Total manufacturing cost = $1,234,000

Explanation:

Total manufacturing cost = Opening Work in Process + Materials cost + Labor + Overheads - Closing Work in Process

In the information provided there is no details of closing work in process.

Thus, assuming closing work in process = 0

Therefore Total Manufacturing cost = Opening Work in Process (47,000) + Materials cost (421,000) + Labor (560,000) + Overheads (206,000) - Closing Work in Process (0)

= $1,234,000