Which of the following is an example of manufacturing overhead expense in a factory? a. salaries of salespersons b. wages of machine operators c. wages of factory maintenance personnel d. wages of administrators in the corporate office

C. Wages of factory maintenance personnel

Explanation:

The manufacturing overhead records only that overhead cost which is indirect in nature plus it also records all indirect cost related to the factory

It involves factory utilities + factory equipment depreciation + factory building property taxes + Indirect factory labor and indirect materials + factory maintenance personnel wages, etc.

$154.00

Explanation:

If the company is using FIFO, they would have sold off the earliest purchases first. As the sold 6 letters in October, the letter left from the first purchase is:

A to G = 7 letter

= 7 - 6

= 1 letter

Remaining inventory = 1 letter at $10.50

H - L = 5 letter

= 5 * 12.50 = $62.50

M through to R = 6 letter

= 6 * 13.50

= $81

Total ending inventory = 10.50 + 62.50 + 81

= $154.00

Note: Options are most likely for a variant of this question.