Use the cost information below for Laurels Company to determine the manufacturing costs added during the current year:

A) $12,000.
B) $16,100.
C) $17,100.
D) $18,100.
E) $13,600.

Question

Use the cost information below for Laurels Company to determine the manufacturing costs added during the current year:  A) $12,000.B) $16,100.C) $17,100.D) $18,100.E) $13,600.

Claire Jones · Accepted Answer

Final Answer : C, Explanation :  The manufacturing costs include direct materials used, direct labor and overhead costs. From the cost information provided, we can see that the direct materials used during the current year is $6,000, direct labor costs is $5,500 and overhead costs is $5,600. Therefore, the total manufacturing costs added during the current year is $6,000 + $5,500 + $5,600 = $17,100. Hence, the correct answer is (C) $17,100.

Use the cost information below for Laurels Company to determine the manufacturing costs added during the current year:

A) $12,000.
B) $16,100.
C) $17,100.
D) $18,100.
E) $13,600.

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