Period manufacturing costs statement

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Period manufacturing operations of a company requires 5,000 pounds in direct materials and 3,000 hours of direct labor. Unit direct material cost is $100 per pound, and unit direct labor cost is $80 per hour. Estimated overhead is $50 per each hour of direct labor. Provide the period manufacturing costs statement.

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Question asked by heena_malla

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Sushant • Mar 20 '22 • Edited

	Unit	Rate	Total
Direct Material	5,000 lbs	$100/lbs	$500,000
Add: Direct Labour	3,000 hr	$80/hr	$240,000
Add: Overhead	3,000 hr	$50/hr	$150,000
Total Manufacturing Overhead			$890,000

Hence, The Total Manufacturing Overhead for the given period is $890,000.