Exercise 144 Knight Company reports the following costs and

Exercise 14-4 Knight Company reports the following costs and expenses in May $16,400 Direct labor Factory utilities Depreciation on factory equipment Depreciation on delivery trucks $73,800 13,550 Sales salaries 46,700 3 Property taxes on factory Indirect factory labor Indirect materials Direct materials used Factory manager\'s salary building Repairs to office equipment Factory repairs 2,700 1,500 2,680 17,100 3,230 51,300 83,500 138,700 Advertising 8,300 Office supplies used From the information: Your answer is incorrect. Try again Determine the total amount of manufacturing overhead Manufacturing overhead 168780 LINK TO TEXT

Solution

1 Factory utilities 16400 Depreciation on factory equipment 13550 Indirect factory labor 51300 Indirect materials 83500 Factory manager’s salary 8300 Property taxes on factory building 2700 Factory repairs 2680 Manufacturing Overhead 178430 2 Direct materials 138700 Direct labor 73800 Manufacturing Overhead 178430 Product costs 390930