Questions: A company incurred the following costs: 6,000 for indirect labor; 26,000 for direct labor; 2,500 for utilities for the factory building; 10,300 for factory equipment depreciation; 8,700 for office equipment depreciation. The total overhead costs reported on the schedule of cost of goods manufactured is

To determine the total overhead costs reported on the schedule of cost of goods manufactured, we need to identify and sum up all the manufacturing overhead costs. Manufacturing overhead includes all indirect costs associated with the production process, excluding direct labor and direct materials.

From the given costs:

1. Indirect labor: $6,000$ - This is a manufacturing overhead cost.
2. Direct labor: $26,000$ - This is not included in manufacturing overhead; it is a direct cost.
3. Utilities for the factory building: $2,500$ - This is a manufacturing overhead cost.
4. Factory equipment depreciation: $10,300$ - This is a manufacturing overhead cost.
5. Office equipment depreciation: $8,700$ - This is not a manufacturing overhead cost; it is an administrative expense.

Now, we sum up the manufacturing overhead costs:

• Indirect labor: $6,000
• Utilities for the factory building: $2,500
• Factory equipment depreciation: $10,300

Total manufacturing overhead costs = $6,000 + $2,500 + $10,300 = $18,800

Therefore, the total overhead costs reported on the schedule of cost of goods manufactured is $18,800.