Using the information below for singing dolls, inc., determine the total manufacturing costs incurred during the year: work in process, january 1 $ 50,600 work in process, december 31 37,300 direct materials used 12,800 total factory overhead 5,800 direct labor used 26,800 multiple choice $96,000. $13,300. $58,700. $45,400. $90,200.

$45,400.

Explanation:

The cost for the year will be the sum of the three main cost component:

the direct materials added

the factory overhead applied

and the direct labor cost

Cost Incurred during the year:

direct materials 12,800

factory overhead 5,800

Direct labor 26,800

Total cost added (or ncurred) during the month: 45,400

Beginning WIP                                                        50,600

Total cost to be accounted for                               96,000

Ending      WIP                                                        (37,300)

Cost of goods transferred out                                58,700

its simple as this, microeconomics is the study of economics at an individual, group or company level, macroeconomics on the other hand, is the study of a national economy as a whole.

hope it =^-^=

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explanation:

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