Frontline Industries has the following beginning and ending inventories for the month of June. Production data for the month of June is: Frontline uses one overhead control account and charges overhead to production at 70% of direct labor cost.The company does not formally recognize over- or underapplied overhead until year-end. (a) What was the cost of the materials used by Frontline in June? (b) What is Frontline's total manufacturing cost for June? (c) What is Frontline's cost of goods transferred to ﬁnished goods inventory for June? (d) What is Frontline's cost of goods sold for June?

Question

Frontline Industries has the following beginning and ending inventories for the month of June.  Production data for the month of June is:  Frontline uses one overhead control account and charges overhead to production at 70% of direct labor cost.The company does not formally recognize over- or underapplied overhead until year-end. (a) What was the cost of the materials used by Frontline in June? (b) What is Frontline's total manufacturing cost for June? (c) What is Frontline's cost of goods transferred to ﬁnished goods inventory for June? (d) What is Frontline's cost of goods sold for June?

Quizplus · Accepted Answer

The Answer of Frontline Industries has the following beginning and ending inventories for the month of June.  Production data for the month of June is:  Frontline uses one overhead control account and charges overhead to production at 70% of direct labor cost.The company does not formally recognize over- or underapplied overhead until year-end. (a) What was the cost of the materials used by Frontline in June? (b) What is Frontline's total manufacturing cost for June? (c) What is Frontline's cost of goods transferred to ﬁnished goods inventory for June? (d) What is Frontline's cost of goods sold for June?

Frontline Industries Has the Following Beginning and Ending Inventories for the Month