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The entry would be Debit - finished goods inventory Credit - Work in Process Inventory |
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The following accounts are from last year's books at Sharp Manufacturing: Mork In Process Bal (a)...
The following accounts are from last year's books at Sharp Manufacturing: Bal (a) 517,200 Raw Materials...
The following accounts are from last year's books at Sharp Manufacturing: Bal (a) 517,200 Raw Materials (b) 168,500 12,700 155,800 Bal (b) (c) (e) Work In Process @ (f) 132,900 169,800 214,500 Finished Goods Bal (f) (9) 214,500 Manufacturing Overhead 22,900(e) 26,900 157,800 469,000 (b) (c) (d) 517,200 48,200 6,900 (9) Cost of Goods Sold 469,000 Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. What is the amount of cost of goods manufactured...
The following accounts are from last year's books of Sharp Manufacturing: Bal (a) Raw Material 0...
The following accounts are from last year's books of Sharp Manufacturing: Bal (a) Raw Material 0 (b) 169,000 13,000 156,000 Bal 518,000 (b) (c) (e) Work In Process 0 (£) 133,000 170,000 215,000 0 Manufacturing Overhead 23,000(e) 27,000 158,000 Finished Goods 0 (9) Bal (f) 470,000 (b) 215,000 (c) 518,000 48,000 (d) 7,000 Cost of Goods Sold 470,000 Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. What is the amount of direct materials...
The following accounts are from last year's books at Sharp Manufacturing: Raw Materials Bal ol (b)...
The following accounts are from last year's books at Sharp Manufacturing: Raw Materials Bal ol (b) 87,000 93,000 5,000 251,000 Bal (b) (c) (e) Work In Process 01 (f) 69,000 82,000 100,000 Bal 226,000 Finished Goods 0 (g) 251,000 25,000 (f) 100,000 (b) (c) Manufacturing Overhead 18,000 (e) 12,000 67,000 3,000 (h) 3,000 Cost of Goods Sold 226,000 (h) 223,000 3,000 Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. What is the amount...
The following accounts are from last year's books of Sharp Manufacturing: Bal 156,600 Bal 520,400 Raw...
The following accounts are from last year's books of Sharp Manufacturing: Bal 156,600 Bal 520,400 Raw Materials (b) 170,500 13,900 (a) Work In Process (f) 133,300 170,600 216,500 .000 Finished Goods (9) 520,400 47,400 216,500 Manufacturing Overhead 23,300 (e) 27,300 158,600 7,300 Cost of Goods Sold 473,000 Sharp uses job-order costing and apples manufacturing overhead to jobs based on direct labor costs. What is the amount of direct materials used for the year? 'élé dop delete return shift = 00...
The following accounts are from last year's books at Sharp Manufacturing: 526,000 Bal (a) Raw Materials...
The following accounts are from last year's books at Sharp Manufacturing: 526,000 Bal (a) Raw Materials 0 (b) 174,000 16,000 158,000 Bal (b) (c) (e) Work In Process 0 (f) 134,000 172,000 220,000 0 1 Manufacturing Overhead 24,000(e) 28,000 160,000 Bal 480,000 220,000 _() Finished Goods 0(g) 526,000 46,000 (b) (c) (d) 8,000 (9) Cost of Goods Sold 480,000 Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. What is the manufacturing overhead overapplied...
The following accounts are from last year’s books at Sharp Manufacturing: Raw Materials Bal 0 (b)...
The following accounts are from last year’s books at Sharp Manufacturing: Raw Materials Bal 0 (b) 155,600 (a) 168,000 12,400 Work In Process Bal 0 (f) 516,400 (b) 132,800 (c) 169,600 (e) 214,000 0 Finished Goods Bal 0 (g) 468,000 (f) 516,400 48,400 Manufacturing Overhead (b) 22,800 (e) 214,000 (c) 26,800 (d) 157,600 6,800 Cost of Goods Sold (g) 468,000 Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. What is the amount of...
The following accounts are from last year's books at Sharp Manufacturing: 156,400 519,600 Bal (a) Raw...
The following accounts are from last year's books at Sharp Manufacturing: 156,400 519,600 Bal (a) Raw Materials 0 (b) 170,000 13,600 Bal (b) (c) (e) Work In Process 0 (f) 133,200 170,400 216,000 0 472,000 216,000 Bal (f) Finished Goods 0(g) 519,600 47,600 (b) (c) (d) Manufacturing Overhead 23,200 | (e) 27,200 158,400 7,200 Cost of Goods Sold (9) 472,000 Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. What is the manufacturing overhead...
The following accounts are from last year's books at Sharp Manufacturing: 522,800 Bal (a) Raw Materials...
The following accounts are from last year's books at Sharp Manufacturing: 522,800 Bal (a) Raw Materials (b) 172,000 14,800 157,200 Bal (b) (c) (e) Work In Process (f) 133,600 171,200 218,000 0 Manufacturing Overhead 23,600(e) 27,600 159,200 218,000 Bal (f) Finished Goods (g) 522,800 46,800 476,000 (b) (c) (d) 7,600 Cost of Goods Sold 476,000 (9) Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. What is the manufacturing overapplied or underapplied for the...
Molzahn Corporation is a manufacturer that uses job-order costing. The company closes out any overapplied or...
Molzahn Corporation is a manufacturer that uses job-order costing. The company closes out any overapplied or underapplied overhead to Cost of Goods Sold at the end of the year. The company has supplied the following data for the just completed year: Estimated total manufacturing overhead at the beginning of the year Estimated direct labor-hours at the beginning of the year $481,250 35,000 direct labor-hours Results of operations: 40,000 direct labor-hours Actual direct labor-hours Manufacturing overhead: Indirect labor cost Other manufacturing...
The following accounts are from last year's books of Sharp Manufacturing: Bal 156,600 Bal Materia (b)...
The following accounts are from last year's books of Sharp Manufacturing: Bal 156,600 Bal Materia (b) 170,500 13,900 (a) 216,500 (8) Manufacturing Overhead 23,300 (e) 27,300 158, 600 7,300 Sharp uses job-order costing and applies manufacturing overhead to jobs based or Multiple Choice $156,600 0 $170.600 0 $199.300 O $170.500 Bal Work In Process (f) 520,400 Bal (b) 473,000 133,300 (f) Finished Goods () 520,400 47,400 170,600 (c) (e) 216,500 0 1 Cost of Goods Sold 473,000 ead to jobs...
The following accounts are from last year's books at Sharp Manufacturing: Bal (a) 517,200 Raw Materials (b) 168,500 12,700 155,800 Bal (b) (c) (e) Work In Process @ (f) 132,900 169,800 214,500 Finished Goods Bal (f) (9) 214,500 Manufacturing Overhead 22,900(e) 26,900 157,800 469,000 (b) (c) (d) 517,200 48,200 6,900 (9) Cost of Goods Sold 469,000 Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. What is the amount of cost of goods manufactured...
The following accounts are from last year's books of Sharp Manufacturing: Bal (a) Raw Material 0 (b) 169,000 13,000 156,000 Bal 518,000 (b) (c) (e) Work In Process 0 (£) 133,000 170,000 215,000 0 Manufacturing Overhead 23,000(e) 27,000 158,000 Finished Goods 0 (9) Bal (f) 470,000 (b) 215,000 (c) 518,000 48,000 (d) 7,000 Cost of Goods Sold 470,000 Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. What is the amount of direct materials...
The following accounts are from last year's books at Sharp Manufacturing: Raw Materials Bal ol (b) 87,000 93,000 5,000 251,000 Bal (b) (c) (e) Work In Process 01 (f) 69,000 82,000 100,000 Bal 226,000 Finished Goods 0 (g) 251,000 25,000 (f) 100,000 (b) (c) Manufacturing Overhead 18,000 (e) 12,000 67,000 3,000 (h) 3,000 Cost of Goods Sold 226,000 (h) 223,000 3,000 Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. What is the amount...
The following accounts are from last year's books of Sharp Manufacturing: Bal 156,600 Bal 520,400 Raw Materials (b) 170,500 13,900 (a) Work In Process (f) 133,300 170,600 216,500 .000 Finished Goods (9) 520,400 47,400 216,500 Manufacturing Overhead 23,300 (e) 27,300 158,600 7,300 Cost of Goods Sold 473,000 Sharp uses job-order costing and apples manufacturing overhead to jobs based on direct labor costs. What is the amount of direct materials used for the year? 'élé dop delete return shift = 00...
The following accounts are from last year's books at Sharp Manufacturing: 526,000 Bal (a) Raw Materials 0 (b) 174,000 16,000 158,000 Bal (b) (c) (e) Work In Process 0 (f) 134,000 172,000 220,000 0 1 Manufacturing Overhead 24,000(e) 28,000 160,000 Bal 480,000 220,000 _() Finished Goods 0(g) 526,000 46,000 (b) (c) (d) 8,000 (9) Cost of Goods Sold 480,000 Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. What is the manufacturing overhead overapplied...
The following accounts are from last year's books at Sharp Manufacturing: 156,400 519,600 Bal (a) Raw Materials 0 (b) 170,000 13,600 Bal (b) (c) (e) Work In Process 0 (f) 133,200 170,400 216,000 0 472,000 216,000 Bal (f) Finished Goods 0(g) 519,600 47,600 (b) (c) (d) Manufacturing Overhead 23,200 | (e) 27,200 158,400 7,200 Cost of Goods Sold (9) 472,000 Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. What is the manufacturing overhead...
The following accounts are from last year's books at Sharp Manufacturing: 522,800 Bal (a) Raw Materials (b) 172,000 14,800 157,200 Bal (b) (c) (e) Work In Process (f) 133,600 171,200 218,000 0 Manufacturing Overhead 23,600(e) 27,600 159,200 218,000 Bal (f) Finished Goods (g) 522,800 46,800 476,000 (b) (c) (d) 7,600 Cost of Goods Sold 476,000 (9) Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. What is the manufacturing overapplied or underapplied for the...
Molzahn Corporation is a manufacturer that uses job-order costing. The company closes out any overapplied or underapplied overhead to Cost of Goods Sold at the end of the year. The company has supplied the following data for the just completed year: Estimated total manufacturing overhead at the beginning of the year Estimated direct labor-hours at the beginning of the year $481,250 35,000 direct labor-hours Results of operations: 40,000 direct labor-hours Actual direct labor-hours Manufacturing overhead: Indirect labor cost Other manufacturing...
The following accounts are from last year's books of Sharp Manufacturing: Bal 156,600 Bal Materia (b) 170,500 13,900 (a) 216,500 (8) Manufacturing Overhead 23,300 (e) 27,300 158, 600 7,300 Sharp uses job-order costing and applies manufacturing overhead to jobs based or Multiple Choice $156,600 0 $170.600 0 $199.300 O $170.500 Bal Work In Process (f) 520,400 Bal (b) 473,000 133,300 (f) Finished Goods () 520,400 47,400 170,600 (c) (e) 216,500 0 1 Cost of Goods Sold 473,000 ead to jobs...
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