Sheridan company | ||||
Cost of Goods Manufactured schedule | ||||
Opening WIP | 6,800 | |||
Direct Materials | ||||
OP. RM Inventory | 12,500 | |||
Purchases | 63,700 | |||
Total RM available for use | 76,200 | |||
Less:- Cl. RM Inventory | -11,000 | |||
DM use | 65,200 | |||
D. labour | 50,800 | |||
Mfg. OH | ||||
Indirect labour | 6900 | |||
Factory insurance | 4700 | |||
Machinery dep. | 6200 | |||
Machinery repairs | 2500 | |||
Fcatory utilities | 4000 | |||
Misc. factory costs | 1890 | |||
Total OH | 26190 | |||
Total Mfg. cost inurred | 1,42,190 | |||
Total cost of WIP | 1,48,990 | |||
Less :- Cl. WIP | -5,400 | |||
Cost of goods Manufactured | 1,43,590 | |||
Help 1 System Announcements CALCULATOR PRINTER VERSION BACK NEXT Challenge Exercise 19-02 a-b, c1 (Part Level...
Part 2 is needed. The answer for part 1 is displayed An analysis of the accounts of Waterway Company reveals the following manufacturing cost data for the month ended September 30, 2020. Inventories Raw materials Work in process Finished goods Beginning Ending $11,100 $11,600 7,000 5,300 10,200 11,400 Costs incurred: raw materials purchases $67,400, direct labor $50,500, manufacturing overhead $27,000. The specific overhead costs were: indirect labor $6,900, factory insurance $5,500, machinery depreciation $5,700, machinery repairs $2,800, factory utilities $3,400,...
Help me solve please!! CALCULATOR PRINTER VERSIONBACK An analysis of the accounts of Roberts Company reveals the following manufacturing cost data for the month ended June 30, 2017 nin Ending Raw materials Work in process 9,350 5,550 9,640 17,140 7,400 6,290 Finished goods Costs incurred: row materials purchases $55,800, direct labor $49,920, manufacturing overhead $23,710. The speofic overhead costs were: indirect labor $6,590, factory insurance $4,330, machinery depreciation $4,790, machinery repairs $2,230, factory utilities $3,900, and miscellaneous factory costs $1,870....
Aalof th uts of Steidan Company reveals the fulowlng mandacturing cost data for the month ended June 30, 202 Inveatory Beginsing Endng Raw maberlals 9,710 13,770 Werk in process 5,930 8.800 Finished goods 9.570 4,180 Costs incued ran aterials punchases 155,024, drect labor $51,740, manuacturing avehead $23,300 The specfc everhead costs were: indrect labor 16.510, factory Insurance 4,700, machinery depreciation $4,380, machinery rpairs $1,990, factery uties1,4 and miscalaneus factory cots $1,980. Asse that all raw materials uned were drect materials...
An analysis of the accounts of Waterway Company reveals the following manufacturing cost data for the month ended September 30, 2020. Inventories Raw materials Work in process Finished goods Beginning Ending $11,100 $11,600 7,000 5,300 10,200 11,400 Costs incurred: raw materials purchases $67,400, direct labor $50,500, manufacturing overhead $27,000. The specific overhead costs were: indirect labor $6,900, factory insurance $5,500, machinery depreciation $5,700, machinery repairs $2,800, factory utilities $3,400, miscellaneous factory costs $1,870. Assume that all raw materials used were...
Help System Announcements complete the cost or goous manuractured scheduie ror Cepeda Manuracturing company. CEPEDA MANUFACTURING COMPANY Cost of Goods Manufactured Schedule For the Year Ended December 31, 2020 Work in process (1/1) Direct materials $217,000 Raw materials inventory, (1/1) Raw materials purchases Total raw materials available for use 167,000 18,000 Less: Raw materials inventory (12/31) Direct materials used Direct labour $187,000 Manufacturing overhead Indirect labour Factory depreciation Factory utilities Total manufacturing overhead 15,400 37,000 68,500 120,900 Total manufacturing costs...
An analysis of the accounts of Waterway Company reveals the following manufacturing cost data for the month ended September 30, 2020. Inventories Raw materials Work in process Finished goods Beginning Ending $11,100 $11,600 7,000 5,300 10,200 11,400 Costs incurred: raw materials purchases $67,400, direct labor $50,500, manufacturing overhead $27,000. The specific overhead costs were: indirect labor $6,900, factory insurance $5,500, machinery depreciation $5,700, machinery repairs $2,800, factory utilities $3,400, miscellaneous factory costs $1,870. Assume that all raw materials used were...
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....
FULL SCREEN PRINTER VERSION BACK NEXT its accounting records, it prepares the following schedule and Indicate in which schedule or financial statement(s) different cost items will appear. E14.15 (LO 3) University Company produces collegiate apparel. F financial statements on a yearly basis. a. Cost of goods manufactured schedule. b. Income statement c. Balance sheet. The following items are found in its ledger and accompanying data. 1. Direct labor 2. Raw materials inventory, 1/1 3. Work in process inventory, 12/31 4....
Initial can be seen in first photo An analysis of the accounts of Waterway Company reveals the following manufacturing cost data for the month ended September 30, 2020. Inventories Raw materials Work in process Finished goods Beginning Ending $11,100 $11,600 7,000 5,300 10,200 11,400 Costs incurred: raw materials purchases $67,400, direct labor $50,500, manufacturing overhead $27,000. The specific overhead costs were: indirect labor $6,900, factory insurance $5,500, machinery depreciation $5,700, machinery repairs $2,800, factory utilities $3,400, miscellaneous factory costs $1,870....
An analysis of the accounts of Coronado Company reveals the following manufacturing cost data for the month ended September 30, 2020.InventoriesBeginningEndingRaw materials$ 14,000$ 13,300Work in process9,5007,000Finished goods12,00014,000Costs incurred: raw materials purchases $ 64,500, direct labor $ 53,000, manufacturing overhead $ 37,650. The specific overhead costs were: indirect labor $ 8,500, factory insurance $ 7,000, machinery depreciation $ 8,000, machinery repairs $ 4,800, factory utilities $ 5,600, miscellaneous factory costs $ 3,750. Assume that all raw materials used were direct materials.(a)Prepare the cost of goods manufactured schedule for the month ended September 30, 2020.Coronado Co.Cost of Goods Manufacturing Schedulechoose...