Homework Answers
Answer
· [a]
Total manufacturing costs = Direct Material used + Direct Labor +
Manufacturing overhead
= $ 188000 + $ 248000 + $ 253000
= $ 689,000 Answer
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* Brief Exercise 19-07 a-b (Part Level Submission) Coronado Company has the following data: direct labor...
pt.b *Brief Exercise 19-07 a-b (Part Level Submission) Coronado Company has the following data: direct labor $248,0...
pt.b
*Brief Exercise 19-07 a-b (Part Level Submission) Coronado Company has the following data: direct labor $248,000, direct materials used $188,000, total manufacturing overhead $253,000, and beginning work in process $36,000. *(a) Your answer is correct. Compute total manufacturing costs. Total manufacturing costs $1689,000 Attempts: 2 of 3 used *(b) Your answer is incorrect. Try again. Compute total cost of work in process. Total cost of work in process o 472,000 Attempts: 1 of 3 used Copyright © 2000-2019 by...
Brief Exercise 160 (Part Level Submission) Raynor Company has the following data: Direct labor Direct materials...
Brief Exercise 160 (Part Level Submission) Raynor Company has the following data: Direct labor Direct materials used Total manufacturing overhead Ending work in process Beginning work in process $76,000 84,000 65,000 30,000 45,000 (a) Compute total manufacturing costs. Total manufacturing costs
*Exercise 19-12 a-b (Part Level Submission) Sunland Corporation has the following cost records for June 2020....
*Exercise 19-12 a-b (Part Level Submission) Sunland Corporation has the following cost records for June 2020. Indirect factory labor Direct materials used Work in process, 6/1/20 Work in process, 6/30/20 Finished goods, 6/1/20 Finished goods, 6/30/20 $5,420 22,300 3,620 4,630 5,310 8,420 Factory utilities Depreciation, factory equipment Direct labor Maintenance, factory equipment Indirect materials Factory manager's salary $410 1,560 42,630 1,990 2,120 3,150 *(a) Prepare a cost of goods manufactured schedule for June 2020. SUNLAND CORPORATION Cost of Goods Manufactured...
Exercise 19-14 a-c (Part Level Submission) The following information is available for Sunland Company. January 1,...
Exercise 19-14 a-c (Part Level Submission)
The following information is available for Sunland
Company.
January 1, 2020
2020
December 31, 2020
Raw materials inventory
$22,250
$32,860
Work in process inventory
15,470
18,560
Finished goods inventory
30,780
21,290
Materials purchased
$154,500
Direct labor
225,290
Manufacturing overhead
183,120
Sales revenue
902,310
Compute cost of goods manufactured.
Sunland Company Cost of Goods Manufactured Schedule HA
pt. B *Exercise 19-12 a-b (Part Level Submission) Sunland Corporation has the following cost records for...
pt. B
*Exercise 19-12 a-b (Part Level Submission) Sunland Corporation has the following cost records for June 2020. Indirect factory labor $5,420 Factory utilities Direct materials used 22,300 Depreciation, factory equipment Work in process, 6/1/20 3,620 Direct labor Work in process, 6/30/20 4,630 Maintenance, factory equipment Finished goods, 6/1/20 5,310 Indirect materials Finished goods, 6/30/20 8,420 Factory manager's salary $410 1,560 42,630 1,990 2,120 3,150 *(a) Your answer is correct. Prepare a cost of goods manufactured schedule for June 2020....
Question 1 Francum Company has the following data: direct labor $250,000, direct materials used $197,000, total...
Question 1 Francum Company has the following data: direct labor $250,000, direct materials used $197,000, total manufacturing overhead $234,000, and beginning work in process $36,000 Compute total manufacturing costs. Total manufacturing costs Compute total cost of work in process. Total cost of work in process
Exercise 16-10 (Part Level Submission) Overton Company has gathered the following information. Units in beginning work...
Exercise 16-10 (Part Level Submission)
Overton Company has gathered the following information.
Units in beginning work in process
20,000
Units started into production
164,000
Units in ending work in process
24,000
Percent complete in ending work in process:
Conversion costs
60
%
Materials
100
%
Costs incurred:
Direct materials
$101,200
Direct labor
$164,800
Overhead
$184,000
(a)
Compute equivalent units of production for materials and for
conversion costs.
Materials
Conversion Costs
The equivalent units of production
Exercise 3-10 (Part Level Submission) Overton Company has gathered the following information. 20,700 236,800 25,500 60...
Exercise 3-10 (Part Level Submission) Overton Company has gathered the following information. 20,700 236,800 25,500 60 % Units in beginning work in process Units started into production Units in ending work in process Percent complete in ending work in process: Conversion costs Materials Costs incurred: Direct materials Direct labor Overhead 100 % $ 103,000 $530,170 $ 187,000 (a) Compute equivalent units of production for materials and for conversion costs. Materials Conversion Costs The equivalent units of production
Exercise 19-04 a-c (Part Level Submission) Bonita Company reports the following costs and expenses in May....
Exercise 19-04 a-c (Part Level Submission)
Bonita Company reports the following costs and expenses in
May.
Factory utilities
$16,400
Direct labor
$72,100
Depreciation on factory equipment
13,350
Sales salaries
47,500
Depreciation on delivery trucks
4,200
Property taxes on factory building
2,600
Indirect factory labor
50,600
Repairs to office equipment
2,300
Indirect materials
85,000
Factory repairs
2,880
Direct materials used
142,700
Advertising
16,900
Factory manager’s salary
8,600
Office supplies used
3,420
From the information:
(a)
Determine the total amount of manufacturing...
Exercise 175 (Part Level Submission) The following inventory information is available for Ricci Manufacturing Corporation for...
Exercise 175 (Part Level Submission) The following inventory information is available for Ricci Manufacturing Corporation for the year ended December 31, 2017: Beginning Ending Inventories: Ra maials Work in process Finished goods $17,000 $19,000 9,000 14,000 11,000 8,000 $37,000 $41,000 In addition, the following transactions occurred in 2017: . Raw materials purchased on account, $75,000 2. Incurred factory labor, $80,000, all is direct labor. (Credit Factory Wages Payable) 3. Incurred the following overhead costs during the year: Utilities $6,800, Depreciation...
pt.b
*Brief Exercise 19-07 a-b (Part Level Submission) Coronado Company has the following data: direct labor $248,000, direct materials used $188,000, total manufacturing overhead $253,000, and beginning work in process $36,000. *(a) Your answer is correct. Compute total manufacturing costs. Total manufacturing costs $1689,000 Attempts: 2 of 3 used *(b) Your answer is incorrect. Try again. Compute total cost of work in process. Total cost of work in process o 472,000 Attempts: 1 of 3 used Copyright © 2000-2019 by...
Brief Exercise 160 (Part Level Submission) Raynor Company has the following data: Direct labor Direct materials used Total manufacturing overhead Ending work in process Beginning work in process $76,000 84,000 65,000 30,000 45,000 (a) Compute total manufacturing costs. Total manufacturing costs
*Exercise 19-12 a-b (Part Level Submission) Sunland Corporation has the following cost records for June 2020. Indirect factory labor Direct materials used Work in process, 6/1/20 Work in process, 6/30/20 Finished goods, 6/1/20 Finished goods, 6/30/20 $5,420 22,300 3,620 4,630 5,310 8,420 Factory utilities Depreciation, factory equipment Direct labor Maintenance, factory equipment Indirect materials Factory manager's salary $410 1,560 42,630 1,990 2,120 3,150 *(a) Prepare a cost of goods manufactured schedule for June 2020. SUNLAND CORPORATION Cost of Goods Manufactured...
Exercise 19-14 a-c (Part Level Submission)
The following information is available for Sunland
Company.
January 1, 2020
2020
December 31, 2020
Raw materials inventory
$22,250
$32,860
Work in process inventory
15,470
18,560
Finished goods inventory
30,780
21,290
Materials purchased
$154,500
Direct labor
225,290
Manufacturing overhead
183,120
Sales revenue
902,310
Compute cost of goods manufactured.
Sunland Company Cost of Goods Manufactured Schedule HA
pt. B
*Exercise 19-12 a-b (Part Level Submission) Sunland Corporation has the following cost records for June 2020. Indirect factory labor $5,420 Factory utilities Direct materials used 22,300 Depreciation, factory equipment Work in process, 6/1/20 3,620 Direct labor Work in process, 6/30/20 4,630 Maintenance, factory equipment Finished goods, 6/1/20 5,310 Indirect materials Finished goods, 6/30/20 8,420 Factory manager's salary $410 1,560 42,630 1,990 2,120 3,150 *(a) Your answer is correct. Prepare a cost of goods manufactured schedule for June 2020....
Question 1 Francum Company has the following data: direct labor $250,000, direct materials used $197,000, total manufacturing overhead $234,000, and beginning work in process $36,000 Compute total manufacturing costs. Total manufacturing costs Compute total cost of work in process. Total cost of work in process
Exercise 16-10 (Part Level Submission)
Overton Company has gathered the following information.
Units in beginning work in process
20,000
Units started into production
164,000
Units in ending work in process
24,000
Percent complete in ending work in process:
Conversion costs
60
%
Materials
100
%
Costs incurred:
Direct materials
$101,200
Direct labor
$164,800
Overhead
$184,000
(a)
Compute equivalent units of production for materials and for
conversion costs.
Materials
Conversion Costs
The equivalent units of production
Exercise 3-10 (Part Level Submission) Overton Company has gathered the following information. 20,700 236,800 25,500 60 % Units in beginning work in process Units started into production Units in ending work in process Percent complete in ending work in process: Conversion costs Materials Costs incurred: Direct materials Direct labor Overhead 100 % $ 103,000 $530,170 $ 187,000 (a) Compute equivalent units of production for materials and for conversion costs. Materials Conversion Costs The equivalent units of production
Exercise 19-04 a-c (Part Level Submission)
Bonita Company reports the following costs and expenses in
May.
Factory utilities
$16,400
Direct labor
$72,100
Depreciation on factory equipment
13,350
Sales salaries
47,500
Depreciation on delivery trucks
4,200
Property taxes on factory building
2,600
Indirect factory labor
50,600
Repairs to office equipment
2,300
Indirect materials
85,000
Factory repairs
2,880
Direct materials used
142,700
Advertising
16,900
Factory manager’s salary
8,600
Office supplies used
3,420
From the information:
(a)
Determine the total amount of manufacturing...
Exercise 175 (Part Level Submission) The following inventory information is available for Ricci Manufacturing Corporation for the year ended December 31, 2017: Beginning Ending Inventories: Ra maials Work in process Finished goods $17,000 $19,000 9,000 14,000 11,000 8,000 $37,000 $41,000 In addition, the following transactions occurred in 2017: . Raw materials purchased on account, $75,000 2. Incurred factory labor, $80,000, all is direct labor. (Credit Factory Wages Payable) 3. Incurred the following overhead costs during the year: Utilities $6,800, Depreciation...
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