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.

Quizplus · Accepted Answer

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