During the Month of May,Bennett Manufacturing Company Purchases $43,000 of Raw

question 72

Multiple Choice

During the month of May,Bennett Manufacturing Company purchases $43,000 of raw materials.The manufacturing overhead totals $27,000 and the total manufacturing costs are $106,000.Assuming a beginning inventory of raw materials of $8,000 and an ending inventory of raw materials of $6,000,what must be the total for direct labour?

• A) $34,000.
• B) $38,000.
• C) $36,000.
• D) $45,000.DL = 106,000 - 45,000 - 27,000 = $34,000.

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Definitions:

Federal Taxes

Taxes collected by the federal government, involving income tax, payroll taxes, and various other taxes.

State And Local Taxes

Various forms of taxation imposed by state, regional, and local governments, including income, sales, property, and other taxes.

Progressive

A tax system in which the tax rate increases as the taxable amount increases, often aimed at reducing income inequality.