Homework Answers
| 1 | Beck Manufacturing | ||
| SCHEDULE OF COST OF GOODS MANUFACTURED | |||
| FOR YEAR ENDED DECEMBER 31, 2019 | |||
| $ | $ | ||
| Direct materials: | |||
| Beginning Raw materials inventory | 10,000.00 | ||
| Add: Raw materials purchases | 45,000.00 | ||
| Raw materials available for use | 55,000.00 | ||
| Less: Ending Raw materials inventory | (8,500.00) | ||
| Direct materials used | 46,500.00 | ||
| Direct labor | 27,500.00 | ||
| Manufacturing Overhead | 55,000.00 | ||
| Total manufacturing costs | 129,000.00 | ||
| Add: Beginning Work in process inventory | 14,000.00 | ||
| Total cost of work in process | 143,000.00 | ||
| Less: Ending Work in process inventory | (12,000.00) | ||
| Cost of goods manufactured | 131,000.00 | ||
| 2 | Beck Manufacturing | ||
| PARTIAL INCOME STATEMENT | |||
| FOR YEAR ENDED DECEMBER 31, 2019 | |||
| $ | |||
| Beginning Finished Goods | 16,000.00 | ||
| Add: Cost of goods manufactured | 131,000.00 | ||
| Cost of goods available for sale | 147,000.00 | ||
| Less: Ending Finished Goods | (18,000.00) | ||
| Cost of goods sold | 129,000.00 | ||
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Beck Manufacturing reports the following information in T-account form for 2019. Raw...
8 Assignment Beck Manufacturing reports the following information in T-account form for 2019 Raw Materials Inventory...
8 Assignment Beck Manufacturing reports the following information in T-account form for 2019 Raw Materials Inventory Begin. Inv. 11,700 Purchases 59,000 Avail. for use 70,7ee DM used 51, eee End. Inv. 19,700 Work in Process Inventory Begin. Inv. 16,80e DM used 51,eee Direct labor 30,300 Overhead 65,500 Manuf. costs 163,600 Cost of goods 149,500 manuf End. Inv. 14,100 Finished Goods Inventory Begin. Iny. 21,100 Cost of goods manuf. 149,500 Avail. for sale 178,600 Cost of Goods Sold 158,600 End. Inv....
Beck Manufacturing reports the following information in T-account form for 2019 Begin. Inv. Purchases Avail. for...
Beck Manufacturing reports the following information in T-account form for 2019 Begin. Inv. Purchases Avail. for use 47,500 End. Inv. Raw Materials Inventory 11,800 49,500 61,300 DM used 13,800 Work in Process Inventory 14,200 47,500 33,100 61,000 155,800 Cost of goods manuf. 14,700 Begin. Inv. DM used Direct labor Overhead Manuf. costs End. Inv. 141,100 Begin. Inv. Cost of goods manuf. Avail. for sale Finished Goods Inventory 19,300 141, 100 160,400 Cost of Goods Sold 19,400 End. Inv. 141,000 Required:...
Beck Manufacturing reports the following information in T-account form for 2019. 11.11 points 48,000 eBook Hint...
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Beck Manufacturing reports the following information in T-account form for 2019. Begin. Inv. Purchases Avail. for...
Beck Manufacturing reports the following information in T-account form for 2019. Begin. Inv. Purchases Avail. for use 51,500 End. Inv. Raw Materials Inventory 10,900 45,500 56,400 DM used 4,900 Work in Process Inventory 17,200 51,500 28,300 66,000 163,000 Cost of goods manuf. 14,300 Begin. Inv. DM used Direct labor Overhead Manuf. costs 148,700 End. Inv. Begin. Inv. Cost of goods manuf. Avail. for sale Finished Goods Inventory 17,200 148,700 165,900 Cost of Goods Sold 19,300 146,600 End. Inv. Required: 1....
Beck Manufacturing reports the information below for 2017 50,500 Raw Materials Inventory Begin. Inv. 12,800 Purchases...
Beck Manufacturing reports the information below for 2017 50,500 Raw Materials Inventory Begin. Inv. 12,800 Purchases 59,000 Avail. for use 71,800 DM used End. Inv. 21,300 Work in Process Inventory Begin. Inv. 17,800 DM used 50,500 Direct labor 29,700 Overhead 58,000 Avail. for mig. 156,000 Cost of goods mfg End. Inv. 15,000 Finished Goods Inventory Begin. Inv. 21,700 Cost of goods mig 141,000 Avail. for sale 162,700 Cost of Goods Sold End. Inv. 19,100 141,000 143,600 Required: 1. Prepare the...
Beck Manufacturing reports the information below for 2017. Raw Materials Inventory Begin. Inv. 10,800 52,500 Purchases...
Beck Manufacturing reports the information below for 2017. Raw Materials Inventory Begin. Inv. 10,800 52,500 Purchases Avail. for use 63,300 50,500 DM used 12,800 End. Inv. Work in Process Inventory 14,000 50,500 33,700 58,500 Begin. Inv. DM used Direct labor Overhead Avail. for mfg. 156,700 Cost of goods mfg 144,400 12,300 End. Inv. Finished Goods Inventory Begin. Inv. Cost of goods mfg 20,800 144,400 Avail. for sale 165,200 Cost of Goods Sold 145,700 19,500 End. Inv. Required: 1. Prepare the...
Beck Manufacturing reports the information below for 2017 begin. Inv. Purchases Avail. for use Raw Materials...
Beck Manufacturing reports the information below for 2017 begin. Inv. Purchases Avail. for use Raw Materials Inventory 11.100 45,000 56,100 Med 4,600 51.500 End. Inv. Work in Begin. Inv. DM used Direct labor Overhead 51.500 32.900 69.000 Avail for at cost of goods afg 156,500 End. Inv. 13.100 Pinished Goods Inventory 17,200 156,500 173,700 Cost of Goods Sold 18,500 Begin. Inv. Cost of goods mfg Avail. for sale TIT 155,200 End. Inv. ARA Required: 1. Prepare the schedule of cost...
costs of goods sold for beck man. up Save Exit Submit Check my work 7 Beck...
costs of goods sold for beck man.
up Save Exit Submit Check my work 7 Beck Manufacturing reports the following information in T-account form for 2019. Hints Skipped 49,500 eBook Hint Raw Materials Inventory Begin. Inv. 12,900 Purchases 54,500 Avail. for use 67,400 DM used End. Inv. 17,900 in Process Inventory Begin. Inv. 15,800 DM used 49,500 Direct labor 32,900 Overhead 68,500 Manuf. costs 166,700 Cost of goods manuf. End. Inv. 12,300 Pinished Goods Inventory Begin. Inv. 21,100 Cost of...
Beck Manufacturing reports the information below for 2017. Begin. Inv. Purchases Avail. for use 50,000 End....
Beck Manufacturing reports the information below for 2017. Begin. Inv. Purchases Avail. for use 50,000 End. Inv. Raw Materials Inventory 11,700 54,000 65, 700 DM used 15,700 Work in Process Inventory 14, 200 50,000 28,700 69,500 162,400 Cost of goods mfg 14,200 Begin. Inv. DM used Direct labor Overhead Avail. for mfg. 148,200 End. Inv. Begin. Inv. Cost of goods mfg Avail. for sale Finished Goods Inventory 18,400 148, 200 166,600 Cost of Goods Sold 20,000 146,600 End. Inv. Required:...
Beck Manufacturing reports the information below for 2017. Raw Materials Inuentor Begin. Inv. Purchases 10,300 59,000 69,300 Avail. for use DM used 49,500 End. Inv 19,800 Work in Process Inuento Begi...
Beck Manufacturing reports the information below for 2017. Raw Materials Inuentor Begin. Inv. Purchases 10,300 59,000 69,300 Avail. for use DM used 49,500 End. Inv 19,800 Work in Process Inuento Begin. Inv. DM used Direct labor Overhead Avail. for mfg 17,000 49,500 29,700 55,500 151,700 Cost of goods mf 137,600 14,100 End. Inv. Finished Goods Inventor Begin. Inv. Cost of goods mf Avail. for sale 20,800 137,600 158,400 Cost of Goods Sold 138,300 End. Inv 20,100 Required 1. Prepare the...
8 Assignment Beck Manufacturing reports the following information in T-account form for 2019 Raw Materials Inventory Begin. Inv. 11,700 Purchases 59,000 Avail. for use 70,7ee DM used 51, eee End. Inv. 19,700 Work in Process Inventory Begin. Inv. 16,80e DM used 51,eee Direct labor 30,300 Overhead 65,500 Manuf. costs 163,600 Cost of goods 149,500 manuf End. Inv. 14,100 Finished Goods Inventory Begin. Iny. 21,100 Cost of goods manuf. 149,500 Avail. for sale 178,600 Cost of Goods Sold 158,600 End. Inv....
Beck Manufacturing reports the following information in T-account form for 2019 Begin. Inv. Purchases Avail. for use 47,500 End. Inv. Raw Materials Inventory 11,800 49,500 61,300 DM used 13,800 Work in Process Inventory 14,200 47,500 33,100 61,000 155,800 Cost of goods manuf. 14,700 Begin. Inv. DM used Direct labor Overhead Manuf. costs End. Inv. 141,100 Begin. Inv. Cost of goods manuf. Avail. for sale Finished Goods Inventory 19,300 141, 100 160,400 Cost of Goods Sold 19,400 End. Inv. 141,000 Required:...
Beck Manufacturing reports the following information in T-account form for 2019. 11.11 points 48,000 eBook Hint Raw Materials Inventory Begin. Inv. 11,700 Purchases 48,089 Avail. for use 59,700 DM used End. Inv. 11,780 Work in Process Inventory Begin. Inv. 14,200 DM used 48,000 Direct labor 33,100 Overhead 58,500 Manuf. costs 153,800S Cost of goods manuf. End. Inv. 14,800 Finished Goods Inventory Begin. Inv. 17.800 Cost of goods manuf. 139,000 Avail. for sale 156,80 Cost of Goods Sold End. Inv. 19,700...
Beck Manufacturing reports the following information in T-account form for 2019. Begin. Inv. Purchases Avail. for use 51,500 End. Inv. Raw Materials Inventory 10,900 45,500 56,400 DM used 4,900 Work in Process Inventory 17,200 51,500 28,300 66,000 163,000 Cost of goods manuf. 14,300 Begin. Inv. DM used Direct labor Overhead Manuf. costs 148,700 End. Inv. Begin. Inv. Cost of goods manuf. Avail. for sale Finished Goods Inventory 17,200 148,700 165,900 Cost of Goods Sold 19,300 146,600 End. Inv. Required: 1....
Beck Manufacturing reports the information below for 2017 50,500 Raw Materials Inventory Begin. Inv. 12,800 Purchases 59,000 Avail. for use 71,800 DM used End. Inv. 21,300 Work in Process Inventory Begin. Inv. 17,800 DM used 50,500 Direct labor 29,700 Overhead 58,000 Avail. for mig. 156,000 Cost of goods mfg End. Inv. 15,000 Finished Goods Inventory Begin. Inv. 21,700 Cost of goods mig 141,000 Avail. for sale 162,700 Cost of Goods Sold End. Inv. 19,100 141,000 143,600 Required: 1. Prepare the...
Beck Manufacturing reports the information below for 2017. Raw Materials Inventory Begin. Inv. 10,800 52,500 Purchases Avail. for use 63,300 50,500 DM used 12,800 End. Inv. Work in Process Inventory 14,000 50,500 33,700 58,500 Begin. Inv. DM used Direct labor Overhead Avail. for mfg. 156,700 Cost of goods mfg 144,400 12,300 End. Inv. Finished Goods Inventory Begin. Inv. Cost of goods mfg 20,800 144,400 Avail. for sale 165,200 Cost of Goods Sold 145,700 19,500 End. Inv. Required: 1. Prepare the...
Beck Manufacturing reports the information below for 2017 begin. Inv. Purchases Avail. for use Raw Materials Inventory 11.100 45,000 56,100 Med 4,600 51.500 End. Inv. Work in Begin. Inv. DM used Direct labor Overhead 51.500 32.900 69.000 Avail for at cost of goods afg 156,500 End. Inv. 13.100 Pinished Goods Inventory 17,200 156,500 173,700 Cost of Goods Sold 18,500 Begin. Inv. Cost of goods mfg Avail. for sale TIT 155,200 End. Inv. ARA Required: 1. Prepare the schedule of cost...
costs of goods sold for beck man.
up Save Exit Submit Check my work 7 Beck Manufacturing reports the following information in T-account form for 2019. Hints Skipped 49,500 eBook Hint Raw Materials Inventory Begin. Inv. 12,900 Purchases 54,500 Avail. for use 67,400 DM used End. Inv. 17,900 in Process Inventory Begin. Inv. 15,800 DM used 49,500 Direct labor 32,900 Overhead 68,500 Manuf. costs 166,700 Cost of goods manuf. End. Inv. 12,300 Pinished Goods Inventory Begin. Inv. 21,100 Cost of...
Beck Manufacturing reports the information below for 2017. Begin. Inv. Purchases Avail. for use 50,000 End. Inv. Raw Materials Inventory 11,700 54,000 65, 700 DM used 15,700 Work in Process Inventory 14, 200 50,000 28,700 69,500 162,400 Cost of goods mfg 14,200 Begin. Inv. DM used Direct labor Overhead Avail. for mfg. 148,200 End. Inv. Begin. Inv. Cost of goods mfg Avail. for sale Finished Goods Inventory 18,400 148, 200 166,600 Cost of Goods Sold 20,000 146,600 End. Inv. Required:...
Beck Manufacturing reports the information below for 2017. Raw Materials Inuentor Begin. Inv. Purchases 10,300 59,000 69,300 Avail. for use DM used 49,500 End. Inv 19,800 Work in Process Inuento Begin. Inv. DM used Direct labor Overhead Avail. for mfg 17,000 49,500 29,700 55,500 151,700 Cost of goods mf 137,600 14,100 End. Inv. Finished Goods Inventor Begin. Inv. Cost of goods mf Avail. for sale 20,800 137,600 158,400 Cost of Goods Sold 138,300 End. Inv 20,100 Required 1. Prepare the...
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