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Tiscara Company Manufactures Insulation and Applies Manufacturing Overhead Costs to Production

question 187

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Tiscara Company manufactures insulation and applies manufacturing overhead costs to production at a budgeted indirect-cost rate of $15 per direct labor-hour.The following data are obtained from the accounting records for June 2014:  Direct materials $440,000 Direct labor (3,500 hours @ $11/ hour)  38,500 Indirect labor 15,000 Plant facility rent 50,000 Depreciation on plant machinery and equipment 35,000 Sales commissions 10,000 Administrative expenses 25,000\begin{array}{lr}\text { Direct materials } & \$ 440,000 \\\text { Direct labor }(3,500 \text { hours @ } \$ 11 / \text { hour) } & 38,500 \\\text { Indirect labor } & 15,000 \\\text { Plant facility rent } & 50,000 \\\text { Depreciation on plant machinery and equipment } & 35,000 \\\text { Sales commissions } & 10,000 \\\text { Administrative expenses } & 25,000\end{array} The actual amount of manufacturing overhead costs incurred in June 2014 totals ________.


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