Homework Answers
Answer
--Equation to be used = Beginning balance + Transferred In - Transferred out = Ending Balance
| A | B | C | |
| Beginning Balance | $14,200 | $33,500 | $17,000 |
| Ending balance | $12,400 | $28,000 | $16,000 |
| Transferred In | $44,000 | $79,500 | $18,000 |
| Transferred Out | $45,800 | $85,000 | $19,000 |
--Working
| A | B | C | |
| Beginning Balance | 14200 | 33500 | 17000 |
| Ending balance | 12400 | 28000 | 16000 |
| Transferred In | 44000 | =28000+85000-33500 | =19000+16000-17000 |
| Transferred Out | =14200+44000-12400 | 85000 | 19000 |
Add Answer to:
Fill in the missing items for the following inventories: в с $ $ $ А 14,200...
value: 2.00 points Fill in the missing items for the following inventories: $ $ Beginning balance...
value: 2.00 points Fill in the missing items for the following inventories: $ $ Beginning balance Ending balance Transferred in Transferred out $ А 52,300 47,000 52,700 в 29,700 23,300 с 65,400 57,500 94,900 170,500
Fill in the missing items for the following inventories: B C $ A 39,000 32,000 Beginning...
Fill in the missing items for the following inventories: B C $ A 39,000 32,000 Beginning balance Ending balance $ 21,300 18,600 66,000 Transferred in 50,000 52,000 54,000 Transferred out 70,000
Fill in the missing items for the following inventories: A B C Beginning balance $52,200...
Fill in the missing items for the following inventories: A B C Beginning balance $52,200 $28,900 $68,500 Ending balance 46,600 25,700 54,200 Transferred in 52,400 Transferred out 93,100 170,600
nred help please Fill in the missing items for the following inventories: А B C $...
nred help please
Fill in the missing items for the following inventories: А B C $ 53,600 $ 29,600 $ 67,200 Beginning balance Ending balance 46,800 26,400 57,200 Transferred in 50,200 Transferred out 90,100 169,100 Save & ERI Subi In December, Sara's Sodas produced 4.0 million liters of the beverage. Manufacturing overhead was $1,390,000 and the cost per liter was $0.49. Labor costs were 20 percent of materials cost. Required: a. Calculate the materials cost for December. (Enter your answer...
Fill in the blanks in the following separate income statements a through e. a b с...
Fill in the blanks in the following separate income statements a through e. a b с d e Sales $ 71,000 $ 44,300 $ 49,000 $ 24,400 7,200 16,800 5,500 7,900 4,400 31,000 6,300 44,000 5,200 8,300 Cost of goods sold Merchandise inventory beginning Total cost of merchandise purchases Merchandise inventory ending Cost of goods sold Gross profit Expenses Net income (loss) 2,600 17,000 33,000 7,700 19,000 14,650 44,900 13,100 4,000 1,550 $ 40,900 10,000 $ 17,300 $ 7,000
fill in the missing blank (1 thru 8) for Company X, Company Y and Company Z. Indicate negative...
fill in the missing blank (1 thru 8) for Company X, Company Y and Company Z. Indicate negative amounts with parenthesis.Company X Company Y Company ZSales $16,000 $48,000 (6)Cost of Good SoldInventory (beginning) $16,000 (4) $22,000Purchases of merchandise (1) $19,000 $30,000Inventory (ending) $24,000 $17,000 (7)Cost of Goods sold $32,000 $22,000 $24,000Gross Profit (2) $26,000 $29,000Expenses $12,000 $15,000 (8)Net Income (loss) (3) (5) $7,000
Fill in the blanks in the following separate income statements a through e. a b с...
Fill in the blanks in the following separate income statements a through e. a b с d e Sales $ 71,000 $ 44,000 $ 37,000 $ 26,900 8,600 16,970 5,100 4,320 58,000 7,100 25,000 5,900 5,800 2,600 8,700 Cost of goods sold Merchandise inventory beginning Total cost of merchandise purchases Merchandise inventory ending Cost of goods sold Gross profit Expenses Net income (loss) 33,650 16,000 7,700 14,250 29,000 11,690 $ 16,310 $ 6,900 42,800 3,600 $ 39,200 12,900 1,350
Understanding the Relationship between Cost Flows, Inventories, and cost of Goods Sold Ivano Company has collected...
Understanding the Relationship between Cost Flows, Inventories, and cost of Goods Sold Ivano Company has collected cost accounting information for the following subset of items for Years 1 and 2. Required: Calculate the values of the missing items. Year 1 Year 2 Item: Direct materials used in production $50,000 Direct materials: Beginning inventory $10,000 45,000 Direct materiais purchases Direct materials: Ending inventory 15,000 17,000 Direct labor used in production 53,000 Manufacturing overhead costs used in production 80,000 76,000 Work in...
Connect Assignment Que points xercise 6-27 Basic Cost Flow Model (LO 6-3) ill in the missing...
Connect Assignment Que points xercise 6-27 Basic Cost Flow Model (LO 6-3) ill in the missing items for the following inventories Beginning balance Ending balance Transferred in Transferred out S 39,000$21,300 18,600 66,000 50,000 52,000 54,000 32.000 70,000 Reterences eBook & Resources Worksheet Dimiculty 2 Medium Exercise 6-27 Basic Cost Flow Model (LO 6-3) Leaming Objective: 06-03 Explain how a basic pro system works
Supply the missing data in the following cases. Each case is independent of the others. (45...
Supply the missing data in the following cases. Each case is independent of the others. (45 marks) CASE 1 2 3 4 Direct materials 14,500 60,000 5,000 23,000 Direct labour ? 23,000 7,000 14,000 Manufacturing overhead 25,000 44,000 ? 19,000 Total manufacturing costs 58,500 ? 20,000 ? Beginning work-inprocess inventory 3,500 ? 3,000 ? Ending work-in-processinventory ? 4,000 4,000 8,500 Cost of goods manufactured 58,000 131,000 ? ? Sales 80,000 201,000 36,000 90,000 Beginning finished goods inventory 10,000 12,500 ?...
value: 2.00 points Fill in the missing items for the following inventories: $ $ Beginning balance Ending balance Transferred in Transferred out $ А 52,300 47,000 52,700 в 29,700 23,300 с 65,400 57,500 94,900 170,500
Fill in the missing items for the following inventories: B C $ A 39,000 32,000 Beginning balance Ending balance $ 21,300 18,600 66,000 Transferred in 50,000 52,000 54,000 Transferred out 70,000
nred help please
Fill in the missing items for the following inventories: А B C $ 53,600 $ 29,600 $ 67,200 Beginning balance Ending balance 46,800 26,400 57,200 Transferred in 50,200 Transferred out 90,100 169,100 Save & ERI Subi In December, Sara's Sodas produced 4.0 million liters of the beverage. Manufacturing overhead was $1,390,000 and the cost per liter was $0.49. Labor costs were 20 percent of materials cost. Required: a. Calculate the materials cost for December. (Enter your answer...
Fill in the blanks in the following separate income statements a through e. a b с d e Sales $ 71,000 $ 44,300 $ 49,000 $ 24,400 7,200 16,800 5,500 7,900 4,400 31,000 6,300 44,000 5,200 8,300 Cost of goods sold Merchandise inventory beginning Total cost of merchandise purchases Merchandise inventory ending Cost of goods sold Gross profit Expenses Net income (loss) 2,600 17,000 33,000 7,700 19,000 14,650 44,900 13,100 4,000 1,550 $ 40,900 10,000 $ 17,300 $ 7,000
Fill in the blanks in the following separate income statements a through e. a b с d e Sales $ 71,000 $ 44,000 $ 37,000 $ 26,900 8,600 16,970 5,100 4,320 58,000 7,100 25,000 5,900 5,800 2,600 8,700 Cost of goods sold Merchandise inventory beginning Total cost of merchandise purchases Merchandise inventory ending Cost of goods sold Gross profit Expenses Net income (loss) 33,650 16,000 7,700 14,250 29,000 11,690 $ 16,310 $ 6,900 42,800 3,600 $ 39,200 12,900 1,350
Understanding the Relationship between Cost Flows, Inventories, and cost of Goods Sold Ivano Company has collected cost accounting information for the following subset of items for Years 1 and 2. Required: Calculate the values of the missing items. Year 1 Year 2 Item: Direct materials used in production $50,000 Direct materials: Beginning inventory $10,000 45,000 Direct materiais purchases Direct materials: Ending inventory 15,000 17,000 Direct labor used in production 53,000 Manufacturing overhead costs used in production 80,000 76,000 Work in...
Connect Assignment Que points xercise 6-27 Basic Cost Flow Model (LO 6-3) ill in the missing items for the following inventories Beginning balance Ending balance Transferred in Transferred out S 39,000$21,300 18,600 66,000 50,000 52,000 54,000 32.000 70,000 Reterences eBook & Resources Worksheet Dimiculty 2 Medium Exercise 6-27 Basic Cost Flow Model (LO 6-3) Leaming Objective: 06-03 Explain how a basic pro system works
Most questions answered within 3 hours.
-
Which of the following best describes tidal volume? options:
1.The amount of oxygen in the air...
asked 20 seconds ago -
1. Smaller cost distortions occur when the traditional systems'
single indirect-cost rate and the activity-cost-driver rates:...
asked 8 minutes ago -
Using either a FMECA approach or some other appropriate RCA
tool, identify five risk treatment actions...
asked 8 minutes ago -
If for a test the P-value is between 0.0025 and 0.005, what
conclusion can you draw?...
asked 20 minutes ago -
Using Python. Write a function clean2(aList) that takes a list
of integers aList as argument, and...
asked 26 minutes ago -
Intrapreneurship is defined as the
development of an enterprise culture with an existing (Nandan,
2009). An...
asked 40 minutes ago -
QUESTION 1 Tamiflu is a drug used to treat influenza. A study
found that Tamiflu reduced...
asked 44 minutes ago -
Which of the following would be less likely to be used to
allocate factory overhead when...
asked 50 minutes ago -
Transverse pulses travel with a speed of 195 m/s along a taut
copper wire whose diameter...
asked 48 minutes ago -
Sampling for Engineers Homework question 11.51
Suppose that Y1;Y2;Y3;Y4 denote a random sample from a
Poisson(θ)...
asked 52 minutes ago -
Which of the following is cleaved by regulated intramembrane
proteolysis (RIP)? Select any/all answers that apply....
asked 51 minutes ago -
Random characters You decide to create a program characters.py
that fills a two-dimensional list with random...
asked 1 hour ago