Cost of goods sold = $45,000 + $48,000 + $39,000 + $28,000 - $18,000 + $28,000 - $18,000
= $152,000
1st option
Calculator Given the following data: Cost of materials used Direct labor costs Factory overhead Work in...
QUESTION 1 Given the following data: Cost of materials used Direct labor costs Factory overhead Work in process, beginning Work in process, ending Finished goods, beginning Finished goods, ending What is cost of goods sold? a. $152,000 b. $10,000 c. $142,000 d. $128,000 $45,000 48,000 39,000 28,000 18,000 28,000 18,000
Cost of materials used $45,000 Direct labor costs 48,000 Factory overhead 39,000 Work in process, beginning 28,000 Work in process, ending 18,000 Finished goods, beginning 28,000 Finished goods, ending 18,000 What is cost of goods sold? Group of answer choices $10,000 $142,000 $152,000 $128,000
28 of 75 MULTIPLE CHOICE Given the following data: Cost of materials used Direct labor costs Factory overhead Work in process, beginning Work in process, ending Finished goods, beginning Finished goods, ending $45,000 48,000 39,000 28,000 18,000 28,000 18,000 What is the cost of goods sold? a. $152,000 b. $142,000 C. $10,000 d. $128,000 А Type here to search 30 of 75 MULTIPLE CHOICE Given the following data: Work in process, beginning Work in process, ending Direct labor costs Cost...
QUESTION 2 Cost of Material Used $ 45,000 Direct Labor Costs $ 48,000 Factory Overhead $ 39,000 Work in Process, Beg. $ 28,000 Work in Process, End. $ 18,000 Finished Goods, Beg. $ 28,000 Finished Goods, End. $ 18,000 What is the Cost of Goods Sold? O a. $ 152,000 ob. $ 142,000 O c. $ 10,000 d. $ 128,000
Cost of Materials Used$60,000 Direct Labor costs $55,000 Factory Overhead $32,000 Work in Process, beg. $28,000 Work in Process, end. $18,000 Finished Goods,beg. $28,000 Finished Goods, end. $18,000 What is Cost of Goods Sold?
The following information is taken from the financial records of Gunner Manufacturing: Cost of materials used Direct labor costs Factory overhead Work in process, beginning Work in process, ending $45,000 48,000 39,000 18,000 28,000 What is the cost of goods manufactured? a. $178,000 b. $132,000 c. $122,000 d. $142,000 An example of a period cost is a. advertising expense b. indirect materials c. depreciation on factory equipment d. property taxes on plant facilities If the cost of a direct material...
Direct materials purchased on account Direct materials requisitioned Direct labor cost incurred Factory overhead incurred Cost of goods completed Cost of goods sold Beginning direct materials inventory Beginning WIP inventory Beginning finished goods inventory Overhead application rate, as a percent of direct - labor costs $152,000 85,000 127,000 148,000 286.000 259,000 35,000 65,000 53,000 140 percent The ending balance of work-in-process inventory is O A. $413,000 O B. $454,800 OC. $168,800 OD. $127,000
Labels Actual factory overhead Depreciation of equipment Direct labor used Direct materials used Factory overhead applied Factory rent Factory utilities Indirect labor Indirect materials Required information (The following information applies to the questions displayed below. Marcelino Co.'s March 31 inventory of raw materials is $84,000. Raw materials purchases in April are $550,000, and factory payroll cost in April is $382,000. Overhead costs incurred in April are: indirect materials, $58,000; indirect labor, $27,000; factory rent, $39,000; factory utilities, $24,000; and factory...
Sales ........ Direct labor ....... Selling & administrative costs Raw materials purchased Manufacturing overhead $72,000 10,000 7,000 20,000 13,500 Inventory_ Raw materials .... Work-in-process Finished goods Beginning $10,000 18,000 21,000 Ending $ 5,000 17,000 16,500 What were the total manufacturing costs for September? O $ $25,000 O $43,500 O $49,500 O $48,500 Sales Direct labor Selling & administrative costs Raw materials purchased Manufacturing overhead $72,000 10,000 7,000 20,000 13,500 Inventory Raw materials Work-in-process Finished goods Beginning $10,000 18,000 21,000 Ending...
1. Which of the following costs are conversion costs? a. direct materials cost and factory overhead cost b. direct labor cost and factory overhead cost c. factory overhead cost d. direct materials cost and direct labor cost 2. Given the following data: Work in process, beginning $14,000 Work in process, ending 20,000 Direct labor costs 4,000 Cost of goods manufactured 8,000 Factory overhead 8,000 Direct materials used is a. $2,000 b. $4,000 c. $14,000 d. $8,000 3. Prime...