Homework Answers
49.
Total manufacturing costs = 5500+12500+26500 = 44500
Cost of Goods manufactured
= Beginning wip + Total manufacturing costs - Ending wip
= 50,000 + 44500 - 37000
= 57500
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Question 49 2 pts Use the cost information below for Ruiz, Inc. to determine cost of...
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Question 49 2015 Use the cost information below for Ruiz, Inc. to determine cost of goods...
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Using the information below for Talking Toys, Inc., determine cost of goods manufactured for the year: Direct materials...
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Using the information below for Singing Dolls, Inc., determine cost of goods manufactured for the year:...
Using the information
below for Singing Dolls, Inc., determine cost of goods manufactured
for the year:
Work
in Process, January 1
$
50,000
Work in Process,
December 31
37,000
Total Factory
overhead
5,500
Direct materials
used
12,500
Direct labor
used
26,500
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Question 28 2 pts Dallas Company uses a job order costing system. The company's executives estimated that direct...
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Required information Use the following information for the Exercises below. [The following information applies to the...
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An incomplete cost of goods manufactured schedule is presented below for Cepeda Manufacturing Company for the...
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Question 49 23 Use the cost information below for Ruiz, Inc. to determine cost of goods manufactured for the year $ 50,000 37.000 5,500 Work in Process, January 1 Work in Process, December 31 Total factory overhead Direct materials used Direct labor used 12,500 26,500 $13,000 $44,500 $57,500 $94,500 $52,000 rused are traceable to specifcunsar Question 42 Kayak Company uses a job order costing system and allocate its head on teiste labor costs. Kayak Company's production costs for the year...
Question 49 2015 Use the cost information below for Ruiz, Inc. to determine cost of goods manufactured for the years $ 50,000 37,000 5,500 Work in Process, January 1 Work in Process, December 31 Total factory overhead Direct materials used Direct labor used 12,500 26,500 $13,000 $44,500 $57,500 $94,500 $52,000 rused are traceable to specific units of
Using the information below for Talking Toys, Inc., determine cost of goods manufactured for the year: Direct materials used... $12,500 process, January 1...... Goods in process, December 31. Total Factory overhead.... Direct labor used.. . . .. Goods in 50,000 37,000 5,500 26,500 $13,000. $44,500. $57,500 $94,500.
Using the information
below for Singing Dolls, Inc., determine cost of goods manufactured
for the year:
Work
in Process, January 1
$
50,000
Work in Process,
December 31
37,000
Total Factory
overhead
5,500
Direct materials
used
12,500
Direct labor
used
26,500
Multiple Choice $57,500. $52,000. $13,000. $44,500. $94,500.
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TB MC Qu. 14-148 Use the cost information below for Ruiz, Inc. to determine... Use the cost information below for Ruiz, Inc. to determine cost of goods manufactured for the year Work in Process, January 1 Work in Process, December 31 Total factory overhead Direct materials used Direct labor used $ 52,200 38,100 6,600 13,600 27,600 Multiple Choice $47,800 O $55.300 $61,900 < Prev 7 of 10 Next > Help Save & Exit ect materials usea ect labor used 13,...
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The following cost data relate to the manufacturing activities of Chang Company during the just completed year: $ 16.500 145.000 9,5ee 85,000 231,700 11,500 $ 499, 2ee Manufacturing overhead costs incurred: Indirect materials Indirect labor Property taxes, factory Utilities, factory Depreciation, factory Insurance, factory Total actual manufacturing overhead costs incurred Other costs incurred: Purchases of raw materials (both direct and indirect) Direct labor cost Inventories: Raw materials, beginning Raw materials, ending Work in process, beginning Work in process, ending $415.000...
Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below.] The following data is provided for Garcon Company and Pepper Company. Beginning finished goods inventory Beginning work in process inventory Beginning raw materials inventory (direct materials) Rental cost on factory equipment Direct labor Ending finished goods inventory Ending work in process inventory Ending raw materials inventory Factory utilities Factory supplies used (indirect materials) General and administrative expenses Indirect labor Repairs-Factory equipment...
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