Using the information below for laurels company; determine the manufacturing costs added during the current year: direct materials used $ 6,600 direct labor 8,600 total factory overhead 6,700 beginning work in process 4,600 ending work in process 7,200 a) $18,400. b) $19,300. c) $24,500. d) $21,900. e) $15,200.

Option B) $19,300

Explanation:

Manufacturing Costs for the years are computed using the following formula

Manufacturing Costs = (Direct Materials + Direct Labor + Total Factory Overheads) +Beginning work in process - Ending work in process

Direct Materials                         $6,600  

Direct Labor                                 $8,600  

Total Factory Overheads         $6,700  

Direct Manufacturing Costs   $21,900  

Add: beginning work in process  $4,600  

Less: ending work in process  ($7,200)

Total Manufacturing Costs           $19,300  

answer; the correct answer is (0.08);

a. money supply  

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