Cash | Raw Materials | |||||||
Beg.bal | Beg.bal | |||||||
76,900 | a. | a. | 76,900 | |||||
150,100 | c. | 72,700 | b. | |||||
125,800 | d. | |||||||
end bal | 352,800 | end bal | 4,200 | |||||
Work in process | finished goods | |||||||
Beg.bal | Beg.bal | |||||||
b. | 66,800 | f. | 318,600 | |||||
c. | 133,500 | 318,600 | g. | |||||
e. | 118,300 | |||||||
318,600 | f. | |||||||
end bal | 0 | end bal | 0 | |||||
Manufacturing overhead | cost of goods sold | |||||||
Beg.bal | beg bal | 0 | ||||||
b. | 5,900 | g. | 318,600 | |||||
c. | 16,600 | h. | 30,000 | |||||
d. | 125,800 | |||||||
118,300 | e | |||||||
30,000 | h | |||||||
End bal | 0 | end bal | 348,600 | |||||
Adjusted cost of goods sold | 348,600 | |||||||
Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions...
Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during a recent month is shown below. a $76,900 in raw materials were purchased for cash. b. $72,700 in raw materials were used in production. Of this amount, $66,800 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $150,100 were incurred and paid. Of this amount, $133,500 was for direct labor and the remainder...
Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during a recent month is shown below. a. $76,900 in raw materials were purchased for cash. 6.572,200 in raw materials were used in production of this amount, $65,100 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $152,300 were incurred and paid. Of this amount, $133,700 was for direct labor and the remainder was...
Jurvin Enterprises is a manufacturing company that had no
beginning inventories. A subset of the transactions that it
recorded during a recent month is shown below.
Exercise 3-2 (Algo) Prepare T-Accounts [LO3-2, LO3-4] Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during a recent month is shown below. a. $76,400 in raw materials were purchased for cash. b. $71,800 in raw materials were used in production. Of this amount,...
Jurvin Enterprises is a manufacturing company that had no
beginning inventories. A subset of the transactions that it
recorded during a recent month is shown below.
$76,000 in raw materials were purchased for cash.
$71,600 in raw materials were used in production. Of this
amount, $65,800 was for direct materials and the remainder was for
indirect materials.
Total labor wages of $150,100 were incurred and paid. Of this
amount, $133,400 was for direct labor and the remainder was for
indirect...
Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during a recent month is shown below. $76,600 in raw materials were purchased for cash. $72,300 in raw materials were used in production. Of this amount, $65,400 was for direct materials and the remainder was for indirect materials. Total labor wages of $150,300 were incurred and paid. Of this amount, $133,900 was for direct labor and the remainder was for indirect...
Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during a recent month is shown below. $76,500 in raw materials were purchased for cash. $72,400 in raw materials were used in production. Of this amount, $66,200 was for direct materials and the remainder was for indirect materials. Total labor wages of $151,100 were incurred and paid. Of this amount, $133,700 was for direct labor and the remainder was for indirect...
Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during a recent month is shown below. $75,700 in raw materials were purchased for cash. $73,000 in raw materials were used in production. Of this amount, $66,100 was for direct materials and the remainder was for indirect materials. Total labor wages of $152,300 were incurred and paid. Of this amount, $133,300 was for direct labor and the remainder was for indirect...
Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during a recent month is shown below. $75,300 in raw materials were purchased for cash. $71,500 in raw materials were used in production. Of this amount, $67,000 was for direct materials and the remainder was for indirect materials. Total labor wages of $152,200 were incurred and paid. Of this amount, $134,800 was for direct labor and the remainder was for indirect...
Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during a recent month is shown below. $94,000 in raw materials were purchased for cash. $89,000 in raw materials were used in production. Of this amount, $78,000 was for direct materials and the remainder was for indirect materials. Total labor wages of $132,000 were incurred and paid. Of this amount, $112,000 was for direct labor and the remainder was for indirect...
Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during a recent month is shown below. $75,300 in raw materials were purchased for cash. $71,900 in raw materials were used in production. Of this amount, $65,800 was for direct materials and the remainder was for indirect materials. Total labor wages of $151,800 were incurred and paid. Of this amount, $133,100 was for direct labor and the remainder was for indirect...