Manufacturing overhead includes all manufacturing costs except direct materials and direct labor.
举一反三
- Manufacturing overhead includes direct materials, direct labor and other manufacturing costs.
- When a job is complete: A: Work-in-Process Control is debited B: Finished Goods Control is credited C: the cost of the job is transferred to Manufacturing Overhead Control D: actual direct materials, actual direct manufacturing labor, and allocated manufacturing overhead will comprise the total cost of the job
- Throughput costing considers only direct materials and direct manufacturing labor to be truly variable costs.
- All indirect labor costs are treated as variable manufacturing overhead with respect to the volume of output.
- 中国大学MOOC: Operating budget for a manufacturer consists of sales budget, ending inventory budget, production budget, direct materials budget, direct labor budget, manufacturing overhead budget as well as selling and administrative expense budget