Ask Experts Questions for FREE Help!
 
Free Answers in 3 Easy Steps

Register Now		 3 Steps
 
Ask QuestionsprogressAnswer QuestionsprogressBuild ReputationprogressBecome an Expert
 
At Ask Me Help Desk you can ask questions in any topic and have them answered for free by our experts. To ask questions or participate in answering them you must register for a free account. By registering you will be able to:
  • Get free answers from experts in any of our 300+ topics.
  • Accept money for answers that you provide.
  • Communicate privately with other members (PM).
  • See fewer ads.
  Answer this Question    Ask about Accounting    Ask about another Subject  
 
PDA

ShanJ
Mar 16, 2009, 10:09 PM
I am having issues figuring out what is a part of the manufacturing overhead.

Raw material is $50,000 (Jan 1) and 35,000 (Dec 31), Work in process is $130,000 (Jan 1) and 170,000 (Dec 31) and Finished goods is 280,000 (Jan 1) and 255,000 (Dec 31). Raw materials is $100,000, $340,000 Direct labor. Manuf. overhead is $450,000; sales $1,560,000; selling and admin expenses $90,000; income tax of 30%.

I get a little lost at this point.
satyakhohal
Mar 17, 2009, 01:17 AM
what is WIP accounting procedure
satyakhohal
Mar 17, 2009, 01:22 AM
what is difference between cost accounting & General accounting