Bard Manufacturing Uses a Job Order Cost Accounting System

question 158

Multiple Choice

Bard Manufacturing uses a job order cost accounting system. During one month Bard purchased $198,000 of raw materials on credit; issued materials to production of $195,000 of which $30,000 were indirect. Bard incurred a factory payroll of $150,000, paid in cash, of which $40,000 is classified as indirect labor. Bard uses a predetermined overhead application rate of 150% of direct labor cost. The total manufacturing costs added during the period are:

• A) $440,000.
• B) $470,000.
• C) $500,000.
• D) $570,000.
• E) $540,000.

---

Definitions:

White New England Settlers

White New England Settlers refers to the European immigrants, particularly from the British Isles, who established colonies in the northeastern part of what is now the United States during the 17th and 18th centuries.

Chesapeake

A region in the United States known for the Chesapeake Bay, significant for its history, ecology, and economy.

Infant Mortality Rate

The rate at which infants less than one year old die in a given population, typically expressed per 1,000 live births.

Family Groups

Social units consisting of individuals related by blood, marriage, or adoption, traditionally living together or in close proximity.