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8) Ragtime Company had the following information for the year: Direct materials used Direct labor incurred (5,000 hours) Actual manufacturing overhead incurred $110,000 $150,000 $166,000 8) POH=$35 Applied MOH = POH X OL 35 × 5,000 = $175,000 Ragtime Company used a predetermined overhead rate of $35 per direct labor hour for th Assume the only inventory balance is an ending Work in Process Inventory balance of $17,000. What was cost of goods manufactured? A) $260,000 B) $418,000 2 C) $435,000 D) $426,000

          8) Ragtime Company had the following information for the year:
Direct materials used
Direct labor incurred (5,000 hours)
Actual manufacturing overhead incurred
$110,000
$150,000
$166,000
8)
POH=$35
Applied MOH = POH X OL
35 × 5,000 = $175,000
Ragtime Company used a predetermined overhead rate of $35 per direct labor hour for th
Assume the only inventory balance is an ending Work in Process Inventory balance of
$17,000. What was cost of goods manufactured?
A) $260,000
B) $418,000
2
C) $435,000
D) $426,000

8) Ragtime Company had the following information for the year:
Direct materials used
Direct labor incurred (5,000 hours)
Actual manufacturing overhead incurred
110,000150,000
166,000
8)
POH=35
Applied MOH = POH X OL
35 × 5,000 = 175,000
Ragtime Company used a predetermined overhead rate of35 per direct labor hour for th
Assume the only inventory balance is an ending Work in Process Inventory balance of
17,000. What was cost of goods manufactured?
A)260,000
B) 418,000
2
C)435,000
D) 426,000

Added by Rodrigo H.

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