Selected data for Lemon Grass, Inc. for the year are provided below: Factory Utilities $1,000 Indirect Materials Used 34,000 Direct Materials Used 292,000 Property Taxes on Factory Building 5,900 Sales Commissions 85,000 Indirect Labor Incurred 22,000 Direct Labor Incurred 150,000 Depreciation on Factory Equipment 6,800 What is the total manufacturing overhead?

$154,700

Explanation:

Given that:

As we know that total manufacturing overhead are costs incurred to create the product or service that is not related to direct material or direct labor.

So our total manufacturing overhead in this question is:

Factory Utilities +Indirect Materials Used + Property Taxes on Factory Building + Sales Commissions + Indirect Labor Incurred + Depreciation on Factory Equipment

= 1,000 + 34,000 +5,900 + 85,000 +  22,000 + 6,800  

= 154,700

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you will have $2593.74 in 10 years if you set aside $1,000 at 10%

you will have $9321.91 in 20 years if you set aside $2000 at 8%

you will have $1469.32 in 5 years if you set aside $1000 at 8%

you will have $1296.87 in 10 years if you set aside $500 at 10%

you will have $239.66 in 15 years if you set aside $100 at 6%

you will have $4660.96 in 20 years if you set aside $1000 at 8%