Asteroid Industries accumulated the following cost informati

Asteroid Industries accumulated the following cost information for the year: Direct materials Indirect materials $16,400 4,400 8,900 13,200 37,400 00:38-17Indirect labor Factory depreciation Direct labor Using the above information, total factory overhead costs would be: Multiple Choice $80,300. $26,500. $13,200 $17,600.

Solution

B. $26,500

Factory Overhead = Indirect Materials + Indirect Labor + Factory Depreciation

Factory Overhead = $4,400 + $8,900 + $13,200

Factory Overhead = $26,500