Exercise Algo Manufacturing cost flows LO P P P
Telstar uses job order costing. The Taccounts below summarize its production activity for the year.
tableRaw Materials InventoryDebitCredit
tabletableFactory Wages PayableDebit
tableFactory OverheadDebitCredit
tableWork in Process Inventory,DebitCredit
Compute the amount for each of the following.
a Direct materials used
b Indirect materials used
c Direct labor used
d Indirect labor used
e Cost of goods manufactured
f Cost of goods sold before closing over or underapplied overhead
Compute the amount that overhead is overapplied or uriderapplied.
Complete this question by entering your answers in the tabs below.
Required
Compute the amount for each of the following.
tablea Direct materials used,$b Indirect materials used,$c Direct labor used,$d Indirect labor used,$e Cost of goods manufactured,$
