Period manufacturing costs statement


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.

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.