The Following Accounts Are from Last Year's Books of Sharp

question 88

Multiple Choice

The following accounts are from last year's books of Sharp Manufacturing: Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. What is the amount of direct materials used for the year?

• A)$93,000
• B)$69,000
• C)$87,000
• D)$82,000

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Definitions:

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A special draft that orders a bank (the drawee) to pay a specified sum of money to the payee from the drawer’s account.

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A payee’s or last endorsee’s signature on a negotiable instrument.

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