Question & Answer: Jenkins Company had the following information for the year: Jenkins Company used a predetermined overhea…..

connect apte. Quiz instructions I help Question 4 (of 6) save & Exit ll submit Time remaining: 0:03:28 Jenkins Company had the following information for the year: Direct materials used Direct labor incurred (9,200 hours) Actual manufacturing overhead incurred S 297,700 $251,300 $352,600 g estimated overhead of $378,400 and 8,600 estimated direct labor hours. Assume the only inventory balance is an ending Finished Goods Inventory balance of $19,500. What was cost of goods manufactured? O $901,600 O $907900 O $927400 O $953.800

Jenkins Company had the following information for the year: Jenkins Company used a predetermined overhead rate using estimated overhead of $378,400 and 8,600 estimated direct labor hours. Assume the only inventory balance is an ending Finished Goods Inventory balance of $19,500. What was cost of goods manufactured? $901,600 $907,900 $927,400 $953,800

Expert Answer

 

Cost of goods manufactured=Direct materials cost+Direct labor+Manufacturing overhead incurred

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=$297,700+$251,300+$352,600

=$901,600

So the option isA.

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