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Tierney Construction,Inc

question 74

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Tierney Construction,Inc.recently lost a portion of its financial records in an office theft.The following accounting information remained in the office files: Tierney Construction,Inc.recently lost a portion of its financial records in an office theft.The following accounting information remained in the office files:   Direct labor cost incurred during the period amounted to 2.5 times the factory overhead.The CFO of Tierney Construction,Inc.has asked you to recalculate the following accounts and to report to him by the end of tomorrow. What should be the amount of total manufacturing cost? A) $83,000. B) $94,000. C) $108,000. D) $75,000. = $94,000 = $24,000 Direct Materials Used + $50,000 Direct Labor + $20,000 Overhead = $94,000 Total Manufacturing Cost Where Direct Labor = 2.5($20,000) = $50,000
Direct labor cost incurred during the period amounted to 2.5 times the factory overhead.The CFO of Tierney Construction,Inc.has asked you to recalculate the following accounts and to report to him by the end of tomorrow.
What should be the amount of total manufacturing cost?


Definitions:

Transactional Work

Routine, day-to-day tasks that support the basic operations of a business, typically requiring less creativity and more process-oriented skills.

HR Department

The department within an organization responsible for activities related to employees, including hiring, training, compliance, and benefits.

Rule Based

A system or approach that applies predefined rules to decision-making, often used in programming and policy implementation.

Repetitive Activities

Actions or tasks that are performed in a similar manner on a regular basis.

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