Pharoah Company has the following data:Direct labor$68,400 Direct materials used75,600 Total manufacturing overhead58,500 Ending work in process inventory 27,000 Beginning work in process inventory 40,500 Your answer has been saved. See score details after the due date.Compute total manufacturing costs.Total manufacturing costs $enter the total manufacturing costs in dollars Your answer has been saved. See score details after the due date.Compute cost of goods manufactured.Cost of goods manufactured$enter the cost of goods manufactured in dollars

Required informationUse the following information for the Exercise below. (Algo)Skip to question[The following information applies to the questions displayed below.]Trio Company reports the following information for its first year of operations. Direct materials $ 16 per unitDirect labor $ 20 per unitVariable overhead $ 7 per unitFixed overhead $ 390,450 per yearUnits produced 20,550 unitsUnits sold 15,500 unitsEnding finished goods inventory 5,050 unitsExercise 19-1 (Algo) Computing unit and inventory costs under absorption costing LO P11. Compute the product cost per unit using absorption costing.2. Determine the cost of ending finished goods inventory using absorption costing.3. Determine the cost of goods sold using absorption costing.

During its first month of operations, a manufacturer incurs the following costs (in dollars) related to activities within its factory:Direct materials $15,000Direct labor $30,000Manufacturing overhead $40,000What amount should be reported as cost of goods sold on the income statement if 5,000 units are produced and 4,000 are sold? $56,000 $68,000 $70,000 $85,000

From the following information, what is the cost of goods manufactured?Direct material purchased $4,100Direct material used $3,700Direct labour cost $5,200Overhead cost $2,900Beginning work in process $400Ending work in process $350

You are given the following information for the year ended 31 October 2019: Cost item Amount (Sh) Purchase of raw materials 112,000 Returns inwards 8,000 Decrease in stock of raw materials 8,000 Direct wages 42,000 Carriage outwards 4,000 Carriage inwards 3,000 Production overheads 27,000 Increase in work-in-progress 10,000 The value of factory cost of goods completed is Select one: a. Sh 202,000 b. Sh 174,000 c. Sh 183,000 d. Sh 182,000

Cost of goods manufactured is calculated as follows:Question 10Answera.Beginning WIP + direct materials used + direct labour + manufacturing overhead + ending WIPb.Direct materials used + direct labour + manufacturing overhead – beginning WIP + ending WIPc.Direct materials used + direct labour + manufacturing overhead – ending WIP – beginning WIPd.Beginning WIP + direct materials used + direct labour + manufacturing overhead – ending WIP