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GL1601 - Based on Problem 16-1A Sierra Company LO P1, P2, P3, P4 Sierra Company manufactures soccer balls in two sequential processes: Cutting and Stitching. All direct materials enter production at the beginning of the Cutting process. The following information is available regarding its May inventories: Rav materials inventory Work in process inventory-Cutting Work in process inventory-Stitching Finished goods inventory Beginning Inventory $ 6,000 43,500 63,300 20,100 Ending Inventory $3,250 51.500 60.500 8,250 The following additional information describes the company's...
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GLO301 - Based on Problem 03-1A LO P1, P2, P3, P4 Walsh Company manufactures soccer balls in two sequential processes: Cutting and Stitching. All direct materials enter production at the beginning of the Cutting process. The following information is available regarding its May inventories: Raw materials Inventory Work in process inventory-Cutting Work in process inventory-stitching Finished goods Inventory Beginning Inventory $111,000 253,500 273,300 230,180 Ending Inventory $134,500 62,000 165,500 50,250 The following additional information describes the company's production activities for...
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Panzarella Company manufactures soccer balls in two sequential processes: Cutting and Stitching. All direct materials enter production at the beginning of the Cutting process. The following information is available regarding its May inventories: Raw materials inventory Work in process inventory-Cutting Work in process inventory-stitching Finished goods inventory Beginning Inventory $146,000 323,500 343,300 300,100 Ending Inventory $177,850 65,500 200,500 64,250 The following additional information describes the company's production activities for May. Direct materials Raw materials purchased on credit Direct materials used-Cutting...
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Sierra Company manufactures soccer balls in two sequential processes: Cutting and Stitching. All direct materials enter production at the beginning of the Cutting process. The following information is available regarding its May inventories Raw materials inventory Work in process inventory-Cutting Work in process inventory-stitching Finished goods inventory Beginning Inventory $ 6,000 43,500 63,300 2e, 100 Ending Inventory 1,250 $1,500 50,500 8,250 The following additional information describes the company's production activities for May Direct materials Raw materials purchased on credit Direct...
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Ch 03 GL P3-1a Saved 1 Fox Company manufactures soccer balls In two sequentlal processes: Cutting and Stitching. All direct materlals enter production at the beginning of the Cutting process. The following Information Is avallable regarding Its May Inventorles: Beginning Ending Inventory $104, 050 59, 500 15 Inventory points Raw materials inventory ork in process inventory-Cutting Work in process inventory-Stitching Finished goods inventory $ 86, 000 203, 500 223, 300 180, 100 140, 500 40, 250 еВook The following additional...
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Required information Problem 03-1A Production cost flow and measurement, journal entries LO P1, P2, P3, P4 [The following information applies to the questions displayed below.] Sierra Company manufactures soccer balls in two sequential processes: Cutting and Stitching. All direct materials enter production at the beginning of the Cutting process. The following information is available regarding its May inventories: Work in process inventory-Cutting Work in process inventory-Stitching Finished goods inventory Beginning Inventory 153,500 173,300 42,100 Ending Inventory 115, see 94.669 30,250...
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GL1501 - Based on Problem 15-1A Marcelino Company LO C2, P1, P2, P3, P4 Marcelino Co.'s March 31 inventory of raw materials is $80,000. Raw materials purchases in April are $500,000, and factory payroll cost in April is $363,000. Overhead costs incurred in April are: indirect materials, $50,000; indirect labor, $23,000; factory rent $32,000; factory utilities. $19,000; and factory equipment depreciation, $51,000. The predeterr labor cost. Job 306 is sold for $635,000 cash in April. Costs of the three jobs...
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Raw materials inventory Work in process inventory-Cutting Work in process inventory-Stitching Finished goods inventory Beginning Inventory $126,000 283,500 303,300 260,100 Ending Inventory $ 153,250 63,500 180,500 56,250 The following additional information describes the company's production activities for May. Direct materials Raw materials purchased on credit Direct materials used-Cutting Direct materials used-Stitching $ 145,000 27,750 0 Direct labor Direct labor-Cutting Direct labor-Stitching Total factory payroll paid (in cash) $ 27,600 110,400 197,800 Factory Overhead (Actual costs) Indirect materials used Indirect labor...
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Check my work 1 Fox Company manufactures soccer balls in two sequential processes: Cutting and Stitching. All direct materials enter production at the beginning of the Cutting process. The following information is available regarding its May inventories: Beginning Inventory $ 86, 000 203, 500 223, 300 180, 100 Ending Inventory $104, 050 59, 500 140, 500 40, 250 15 points Raw materials inventory Work in process inventory Cutting Work in process inventoryStitching Finished goods inventory еВook Print The following additional...
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please help find the required fields. thanks!
Amidon Company manufactures Soccer balls in two sequential processes: Cutting and Stitching. All direct materials enter production at the beginning of the Cutting process. The following information is available regarding its May inventories: Raw materials inventory Work in process inventory-Cutting Work in process inventory-stitching Finished goods inventory Beginning Inventory $ 41,000 113,500 133,300 90,100 Ending Inventory $48,700 55,000 95,500 22,250 The following additional information describes the company's production activities for May. Direct materials...
GL1601 - Based on Problem 16-1A Sierra Company LO P1, P2, P3, P4 Sierra Company manufactures soccer balls in two sequential processes: Cutting and Stitching. All direct materials enter production at the beginning of the Cutting process. The following information is available regarding its May inventories: Rav materials inventory Work in process inventory-Cutting Work in process inventory-Stitching Finished goods inventory Beginning Inventory $ 6,000 43,500 63,300 20,100 Ending Inventory $3,250 51.500 60.500 8,250 The following additional information describes the company's...
GLO301 - Based on Problem 03-1A LO P1, P2, P3, P4 Walsh Company manufactures soccer balls in two sequential processes: Cutting and Stitching. All direct materials enter production at the beginning of the Cutting process. The following information is available regarding its May inventories: Raw materials Inventory Work in process inventory-Cutting Work in process inventory-stitching Finished goods Inventory Beginning Inventory $111,000 253,500 273,300 230,180 Ending Inventory $134,500 62,000 165,500 50,250 The following additional information describes the company's production activities for...
Panzarella Company manufactures soccer balls in two sequential processes: Cutting and Stitching. All direct materials enter production at the beginning of the Cutting process. The following information is available regarding its May inventories: Raw materials inventory Work in process inventory-Cutting Work in process inventory-stitching Finished goods inventory Beginning Inventory $146,000 323,500 343,300 300,100 Ending Inventory $177,850 65,500 200,500 64,250 The following additional information describes the company's production activities for May. Direct materials Raw materials purchased on credit Direct materials used-Cutting...
Sierra Company manufactures soccer balls in two sequential processes: Cutting and Stitching. All direct materials enter production at the beginning of the Cutting process. The following information is available regarding its May inventories Raw materials inventory Work in process inventory-Cutting Work in process inventory-stitching Finished goods inventory Beginning Inventory $ 6,000 43,500 63,300 2e, 100 Ending Inventory 1,250 $1,500 50,500 8,250 The following additional information describes the company's production activities for May Direct materials Raw materials purchased on credit Direct...
Ch 03 GL P3-1a Saved 1 Fox Company manufactures soccer balls In two sequentlal processes: Cutting and Stitching. All direct materlals enter production at the beginning of the Cutting process. The following Information Is avallable regarding Its May Inventorles: Beginning Ending Inventory $104, 050 59, 500 15 Inventory points Raw materials inventory ork in process inventory-Cutting Work in process inventory-Stitching Finished goods inventory $ 86, 000 203, 500 223, 300 180, 100 140, 500 40, 250 еВook The following additional...
Required information Problem 03-1A Production cost flow and measurement, journal entries LO P1, P2, P3, P4 [The following information applies to the questions displayed below.] Sierra Company manufactures soccer balls in two sequential processes: Cutting and Stitching. All direct materials enter production at the beginning of the Cutting process. The following information is available regarding its May inventories: Work in process inventory-Cutting Work in process inventory-Stitching Finished goods inventory Beginning Inventory 153,500 173,300 42,100 Ending Inventory 115, see 94.669 30,250...
GL1501 - Based on Problem 15-1A Marcelino Company LO C2, P1, P2, P3, P4 Marcelino Co.'s March 31 inventory of raw materials is $80,000. Raw materials purchases in April are $500,000, and factory payroll cost in April is $363,000. Overhead costs incurred in April are: indirect materials, $50,000; indirect labor, $23,000; factory rent $32,000; factory utilities. $19,000; and factory equipment depreciation, $51,000. The predeterr labor cost. Job 306 is sold for $635,000 cash in April. Costs of the three jobs...
Raw materials inventory Work in process inventory-Cutting Work in process inventory-Stitching Finished goods inventory Beginning Inventory $126,000 283,500 303,300 260,100 Ending Inventory $ 153,250 63,500 180,500 56,250 The following additional information describes the company's production activities for May. Direct materials Raw materials purchased on credit Direct materials used-Cutting Direct materials used-Stitching $ 145,000 27,750 0 Direct labor Direct labor-Cutting Direct labor-Stitching Total factory payroll paid (in cash) $ 27,600 110,400 197,800 Factory Overhead (Actual costs) Indirect materials used Indirect labor...
Check my work 1 Fox Company manufactures soccer balls in two sequential processes: Cutting and Stitching. All direct materials enter production at the beginning of the Cutting process. The following information is available regarding its May inventories: Beginning Inventory $ 86, 000 203, 500 223, 300 180, 100 Ending Inventory $104, 050 59, 500 140, 500 40, 250 15 points Raw materials inventory Work in process inventory Cutting Work in process inventoryStitching Finished goods inventory еВook Print The following additional...
please help find the required fields. thanks!
Amidon Company manufactures Soccer balls in two sequential processes: Cutting and Stitching. All direct materials enter production at the beginning of the Cutting process. The following information is available regarding its May inventories: Raw materials inventory Work in process inventory-Cutting Work in process inventory-stitching Finished goods inventory Beginning Inventory $ 41,000 113,500 133,300 90,100 Ending Inventory $48,700 55,000 95,500 22,250 The following additional information describes the company's production activities for May. Direct materials...