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Business, 24.06.2020 23:01 narutoxptheninja

Gala Sporting Goods Company manufactured 85,000 units in 2020 and reported the following costs: Glue Purchased $16,000 Plant rent $275,000
Materials handling 184,000 Depreciation-equipment 185,000
Spray paint Purchased 18,400 Salary of Plant Manager 38,000
Transportation in 10,500 Property taxes-equipment 27,000
Indirect manufacturing labor 175,200 Depreciation- Sales office computers 15,100
Direct manufacturing labor 1,925,000 Direct material purchases 2,798,000
Direct materials, 1/1/2018 284,000 Direct materials, 12/31/2018 264,200
Finished goods, 1/1/2018 546,000 Sales revenue 10,700,000
Finished goods, 12/31/2018 1,079,000 Sales commissions 107,000
Work-in-process, 1/1/2018 81,000 Sales salaries 473,000
Work-in-process, 12/31/2018 53,000 Advertising costs 390,000
Administration costs 700,000

Required:
Compute manufacturing overhead:

a. $929,100
b. $944,200
c. $933,700
d. $918,600

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Answers: 1

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