1) Cost of raw material used = 17000+124000-27000 = 114000
2) Indirect material = 114000-92000 = 22000
3) Indirect labor = 184000-156000 = 28000
4) Cost of goods manufactured = 476000
5) Unadjusted cost of goods sold = 42000+476000-63000 = 455000
6) Overhead rate = 241800/156000 = 155% of labor cost
7) Applied overhead = 241800
Actual overhead = 229800
Over applied overhead = 241800-229800 = 12000
8) Ending WIP = 35800
Applied overhead = 8500*1.55 = 13175
Direct material = 35800-8500-13175 = 14125
I need somo help :) Selected T-accounts of Moore Company are given below for the just...
Selected T-accounts of Moore Company are given below for the just completed year: ? Debits Manufacturing Overhead 186,200 Credits ? Bal. 1/1 Debits Bal. 12/31 Raw Materials 33,000 Credits 156,000 43,000 Work in Process 38,000 Credits 108,000 204,000 214,200 524,000 Debits Bal. 1/1 Direct materials Direct labor Overhead Bal. 12/31 Factory Wages Payable 221,000 Bal. 1/1 Credits | Bal. 12/31 18,000 216,000 13,000 Cost of Goods Sold Finished Goods 58,000 Credits ? Debits 21 Bal. 1/1 Debits Bal. 12/31 87,000...
Selected T-accounts of Moore Company are given below for the just completed year: Manufacturing Overhead 203,200 Credits ? Debits ? Bal. 1/1 Debits Bal. 12/31 Raw Materials 25,000 Credits 140,000 35,000 Work in Process 30,000 Credits 100,000 180,000 223,200 500,000 Debits Bal. 1/1 Direct materials Direct labor Overhead Bal. 12/31 Factory Wages Payable 205,000 Bal. 1/1 Credits Bal. 12/31 14,000 200,000 9,000 Cost of Goods Sold Finished Goods 50,000 Credits ? Debits Bal. 1/1 Debits Bal. 12/31 75,000 Required: 1....
Selected T-accounts of Moore Company are given below for the just completed year: Manufacturing Overhead 188,400 Credits Debits Bal. 1/1 Debits Bal. 12/31 530,000 Debits Bal. 1/1 Direct materials Direct labor Overhead Bal. 12/31 Raw Materials 35,000 Credits 160,000 45,000 Work in Process 40,000 Credits 110,000 210,000 218,400 ? Finished Goods 60,000 Credits ? 90,000 Factory Wages Payable 225,000 Bal. 1/1 Credits Bal. 12/31 19,000 220,000 14,000 Cost of Goods Sold ? Debits Bal. 1/1 Debits Bal. 12/31 Required: 1....
Selected T-accounts of Moore Company are given below for the just completed year: Manufacturing Overhead 188,400 Credits 2 Debits ? Bal. 1/1 Debits Bal. 12/31 530,000 Debits Bal. 1/1 Direct materials Direct labor Overhead Bal. 12/31 Raw Materials 35,000 Credits 160,000 45,000 Work in Process 40,000 Credits 110,000 210,000 218,400 ? Finished Goods 60,000 Credits ? 90,000 Factory Wages Payable 225,000 Bal. 1/1 Credits Bal. 12/31 19,000 220,000 14,000 Cost of Goods Sold ? Debits Bal. 1/1 Debits Bal. 12/31...
Selected T-accounts of Moore Company are given below for the just completed year: Manufacturing Overhead 196,800 Credits ? Debits Bal. 1/1 Debits Bal. 12/31 Raw Materials 29,000 Credits 148,000 39,000 Work in Process 34,000 Credits 104,000 192,000 220,800 512,000 Debits Bal. 1/1 Direct materials Direct labor Overhead Bal. 12/31 Factory Wages Payable 213,000 Bal. 1/1 Credits | Bal. 12/31 16,000 208,000 11,000 Cost of Goods Sold Finished Goods 54,000 Credits ? Debits Bal. 1/1 Debits Bal. 12/31 81,000 Required: 1....
Selected T-accounts of Moore Company are given below for the just completed year: Raw Materials Bal. 1/1 25,000 Credits ? Debits 140,000 Bal. 12/31 35,000 Manufacturing Overhead Debits 203,200 Credits ? Work in Process Bal. 1/1 30,000 Credits 500,000 Direct materials 100,000 Direct labor 180,000 Overhead 223,200 Bal. 12/31 ? Factory Wages Payable Debits 205,000 Bal. 1/1 14,000 Credits 200,000 Bal. 12/31 9,000 Finished Goods Bal. 1/1 50,000 Credits ? Debits ? Bal. 12/31 75,000 Cost of Goods Sold Debits...
Selected T-accounts of Moore Company are given below for the just completed year: Manufacturing Overhead 194,100 Credits ? Debits Bal. 1/1 Debits Bal. 12/31 Raw Materials 32,000 Credits 154,000 42,000 Work in Process 37,000 Credits 107,000 201,000 221,100 521,000 Debits Bal. 1/1 Direct materials Direct labor Overhead Bal. 12/31 Factory Wages Payable 219,000 Bal. 1/1 Credits | Bal. 12/31 17,500 214,000 12,500 Cost of Goods Sold Finished Goods 57,000 Credits ? Debits ? Bal. 1/1 Debits Bal. 12/31 ? 85,500...
Selected T-accounts of Moore Company are given below for the just completed year: Raw Materials Bal. 1/1 15,000 Credits ? Debits 120,000 Bal. 12/31 25,000 Manufacturing Overhead Debits 230,000 Credits ? Work in Process Bal. 1/1 20,000 Credits 470,000 Direct materials 90,000 Direct labor 150,000 Overhead 240,000 Bal. 12/31 ? Factory Wages Payable Debits 185,000 Bal. 1/1 9,000 Credits 180,000 Bal. 12/31 4,000 Finished Goods Bal. 1/1 40,000 Credits ? Debits ? Bal. 12/31 60,000 Cost of Goods Sold Debits...
Selected T-accounts of Moore Company are given below for the just completed year: Raw Materials Bal. 1/1 26,000 Credits ? Debits 142,000 Bal. 12/31 36,000 Manufacturing Overhead Debits 202,260 Credits ? Work in Process Bal. 1/1 31,000 Credits 503,000 Direct materials 101,000 Direct labor 183,000 Overhead 223,260 Bal. 12/31 ? Factory Wages Payable Debits 207,000 Bal. 1/1 14,500 Credits 202,000 Bal. 12/31 9,500 Finished Goods Bal. 1/1 51,000 Credits ? Debits ? Bal. 12/31 76,500 Cost of Goods Sold Debits...
Selected T-accounts of Moore Company are given below for the just completed year: Manufacturing Overhead 210,800 Credits Debits Bal. 1/1 Debits Bal. 12/31 Raw Materials 21,000 Credits 132,000 31,000 Work in Process 26,000 Credits 96,000 168,000 226,800 488,000 Debits Bal. 1/1 Direct materials Direct labor Overhead Bal. 12/31 Factory Wages Payable 197,000 Bal. 1/1 Credits | Bal. 12/31 12,000 192,000 7,000 Cost of Goods Sold Finished Goods 46,000 Credits 2 ? Debits Bal. 1/1 Debits Bal. 12/31 69,000 Required: 1....