The following cost data relate to the manufacturing activities of Chang Company during the just completed year: Manufacturing overhead costs incurred: Indirect materials $ 15,000 Indirect labor 130,000 Property taxes, factory 8,000 Utilities, factory 70,000 Depreciation, factory 240,000 Insurance, factory 10,000 Total actual manufacturing overhead costs incurred $ 473,000 Other costs incurred: Purchases of raw materials (both direct and indirect) $ 400,000 Direct labor cost $ 60,000 Inventories: Raw materials, beginning $ 20,000 Raw materials, ending $ 30,000 Work in process, beginning $ 40,000 Work in process, ending $ 70,000 The company uses a predetermined overhead rate to apply overhead cost to jobs. The rate for the year was $25 per machine-hour. A total of 19,400 machine-hours was recorded for the year. Prepare a schedule of cost of goods manufactured for the year.

Cost of Goods  Manufactured $893,000

Explanation:

Chang Company

Schedule of Cost of Goods Manufactured

Inventories: Raw materials, beginning $ 20,000

Add Purchases of raw materials  $ 400,000

Less Raw materials, ending $ 30,000

Direct Materials Used  $390,000

Direct labor cost $ 60,000

Manufacturing overhead Costs: $ 473,000

Indirect materials $ 15,000

Indirect labor 130,000

Property taxes, factory 8,000

Utilities, factory 70,000

Depreciation, factory 240,000

Insurance, factory 10,000

Total actual Manufacturing Costs 923,000

Add Work in process, beginning $ 40,000

Cost of Goods Available For Manufacture $ 963,000

Less Work in process, ending $ 70,000

Cost of Goods  Manufactured $893,000

Applied Overhead = Rate * Hours worked

                                = 25* 19,400=  485,000

The applied overhead is subtracted or added to the cost of goods sold amount. It is not accounted for in the schedule of cost of goods manufactured.

being suspected of supplying drugs means you are much more likely to be charged. the amount of drugs found on you, and whether you have a criminal record, will be taken into account when a punishment is being decided.

decisions to prosecute are taken by the public prosecution service. the maximum sentences for intent to supply drugs are:

answer social mobility;