Question

Minstrel Manufacturing uses a job order costing system. During one month, Minstrel purchased $200,000 of raw materials on credit; issued materials to production of $197,000 of which $28,000 were indirect. Minstrel incurred a factory payroll of $152,000, of which $38,000 was indirect labor. Minstrel uses a predetermined overhead rate of 150% of direct labor cost. The total manufacturing costs added during the period is:

Answer 1

$520,500.

$571,000.

$588,000.

$544,000.

$503,500.