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CALCULATOR BACK Multiple Choice Question 125 Given the following data for Coronado Industries, compute (A) total...
Current Attempt in Progress Given the following data for Glennon Company, compute (A) total manufacturing costs...
Current Attempt in Progress Given the following data for Glennon Company, compute (A) total manufacturing costs and (B) costs of goods manufactured: $180000 $40000 110000 20000 Direct materials used Direct labor Manufacturing overhead Operating expenses Beginning work in process Ending work in process Beginning finished goods Ending finished goods 160000 50000 260000 30000 (A) (B) O $450000 $470000 O $470000 $490000 O $430000 $470000 o fi E pe here to search Question 9 of 10 < -11 View Policies Current...
Question 9 Coronado Industries reported the following year-end information: Beginning work in process inventory Beginning raw...
Question 9 Coronado Industries reported the following year-end information: Beginning work in process inventory Beginning raw materials inventory Ending work in process inventory Ending raw materials inventory Raw materials purchased Direct labor Manufacturing overhead $1080000 300000 900000 480000 940000 840000 800000 Coronado Industries's cost of goods manufactured for the year is O $2760000. $2220000. $2580000. $2400000. Question 7 Swifty Corporation's accounting records reflect the following inventories: Raw materials inventory Work in process inventory Finished goods inventory Dec. 31, 2020 $320000...
Given the following data for Marigold Corp., compute (A) total manufacturing costs and (B) costs of...
Given the following data for Marigold Corp., compute (A) total manufacturing costs and (B) costs of goods manufactured: Direct materials used $250000 Beginning work in process $40000 Direct labor 200000 Ending work in process 20000 Manufacturing overhead 250000 Beginning finished goods 50000 Operating expenses 350000 Ending finished goods 30000 (A) (B) $700000 $720000 $680000 $720000 $720000 $740000 $700000 $680000
Kimmel, Accounting, 7e 08:33 PM / Remaining: 111 min. Multiple Choice Question 127 Given the following...
Kimmel, Accounting, 7e 08:33 PM / Remaining: 111 min. Multiple Choice Question 127 Given the following data for Glennon Company, compute (A) total manufacturing costs and (B) costs of goods manufactured: $360000 280000 Direct materials used Direct labor Manufacturing overhead Operating expenses Beginning work in process Ending work in process Beginning finished goods $40000 20000 330000 50000 430000 Ending finished goods 30000 _(B). $970000 $990000 $990000 $1010000 $970000 $950000 $950000 $990000 Click if you would like to Show Work for...
Multiple Choice Question 119 Bonita Industries developed the following data for the current year: Beginning work...
Multiple Choice Question 119 Bonita Industries developed the following data for the current year: Beginning work in process inventory Direct materials used Actual overhead Overhead applied Cost of goods manufactured Total manufacturing costs $ 96000 208000 176000 184000 860000 816000 How much is Bonita Industries's ending work in process inventory for the year? O $52000 O $124000 O $444000 O $372000 Multiple Choice Question 121 Concord Corporation had the following information at December 31: Finished goods inventory, January 1 Finished...
Which of the following costs would a computer manufacturer include in manufacturing overhead? O The wages earned by com...
Which of the following costs would a computer manufacturer include in manufacturing overhead? O The wages earned by computer assemblers. O Depreciation on testing equipment. O The cost of the disk drives. O The cost of the memory chips. Waterway Industries reported the following year-end information: beginning work in process inventory, $90000; cost of goods manufactured, $850000; beginning finished goods inventory, $60000; ending work in process inventory, $80000; and ending finished goods inventory, $50000. How much is Waterway's cost of...
Given the following data for Mehring Company, compute (A) total manufacturing costs and (B) cost of...
Given the following data for Mehring Company, compute (A) total manufacturing costs and (B) cost of goods manufactured: Direct materials $230,000 Beginning work in $30,000 used process Direct labor 150,000 Ending work in 15,000 process Manufacturing 225,000 Beginning finished 38,000 overhead goods Operating 263,000 Ending finished 23,000 expenses goods (A) (B) a) $620,000 $635,000 b) $590,000 $620,000 c) $605,000 $590,000 Od) $605,000 $620,000
Concord Corporation has beginning and ending work in process inventories of $170000 and $185000 respectively. If...
Concord Corporation has beginning and ending work in process inventories of $170000 and $185000 respectively. If total manufacturing costs are $680000, what is the total cost of goods manufactured? O $850000. O $665000. $865000. $695000. Given the following data for Concord Corporation, compute cost of goods manufactured: Direct materials used $120000 Beginning work in process $20000 Direct labor 100000 Ending work in process 10000 Manufacturing 80000 Beginning finished goods 25000 overhead Operating expenses 75000 Ending finished goods 15000 $300000 $320000...
Bonita Industries developed the following data for the current year: Beginning work in process inventory $160000...
Bonita Industries developed the following data for the current
year:
Beginning work in process
inventory
$160000
Direct materials used
64000
Actual overhead
208000
Overhead applied
136000
Cost of goods manufactured
184000
Total manufacturing costs
480000
Bonita Industries's direct labor cost for the year is
$184000.
$280000.
$72000.
$136000.
Question 5 (8 marks) Montreal Industries Inc. had the following activities during the year: Ensure to...
Question 5 (8 marks) Montreal Industries Inc. had the following activities during the year: Ensure to show all calculations for full marks. Direct materials - Beginning inventory $50,000 Direct materials - Ending inventory 26,000 Direct manufacturing labour 40,000 Manufacturing overhead 30,000 Direct materials - Purchases 154,000 Ending work-in-process inventory 10,000 Beginning work-in-process inventory 2,000 Ending finished goods inventory 40,000 Beginning finished goods inventory 60,000 Required 1. Calculate the cost of direct materials used during the year. 2. Calculate the cost...
Current Attempt in Progress Given the following data for Glennon Company, compute (A) total manufacturing costs and (B) costs of goods manufactured: $180000 $40000 110000 20000 Direct materials used Direct labor Manufacturing overhead Operating expenses Beginning work in process Ending work in process Beginning finished goods Ending finished goods 160000 50000 260000 30000 (A) (B) O $450000 $470000 O $470000 $490000 O $430000 $470000 o fi E pe here to search Question 9 of 10 < -11 View Policies Current...
Question 9 Coronado Industries reported the following year-end information: Beginning work in process inventory Beginning raw materials inventory Ending work in process inventory Ending raw materials inventory Raw materials purchased Direct labor Manufacturing overhead $1080000 300000 900000 480000 940000 840000 800000 Coronado Industries's cost of goods manufactured for the year is O $2760000. $2220000. $2580000. $2400000. Question 7 Swifty Corporation's accounting records reflect the following inventories: Raw materials inventory Work in process inventory Finished goods inventory Dec. 31, 2020 $320000...
Kimmel, Accounting, 7e 08:33 PM / Remaining: 111 min. Multiple Choice Question 127 Given the following data for Glennon Company, compute (A) total manufacturing costs and (B) costs of goods manufactured: $360000 280000 Direct materials used Direct labor Manufacturing overhead Operating expenses Beginning work in process Ending work in process Beginning finished goods $40000 20000 330000 50000 430000 Ending finished goods 30000 _(B). $970000 $990000 $990000 $1010000 $970000 $950000 $950000 $990000 Click if you would like to Show Work for...
Multiple Choice Question 119 Bonita Industries developed the following data for the current year: Beginning work in process inventory Direct materials used Actual overhead Overhead applied Cost of goods manufactured Total manufacturing costs $ 96000 208000 176000 184000 860000 816000 How much is Bonita Industries's ending work in process inventory for the year? O $52000 O $124000 O $444000 O $372000 Multiple Choice Question 121 Concord Corporation had the following information at December 31: Finished goods inventory, January 1 Finished...
Which of the following costs would a computer manufacturer include in manufacturing overhead? O The wages earned by computer assemblers. O Depreciation on testing equipment. O The cost of the disk drives. O The cost of the memory chips. Waterway Industries reported the following year-end information: beginning work in process inventory, $90000; cost of goods manufactured, $850000; beginning finished goods inventory, $60000; ending work in process inventory, $80000; and ending finished goods inventory, $50000. How much is Waterway's cost of...
Given the following data for Mehring Company, compute (A) total manufacturing costs and (B) cost of goods manufactured: Direct materials $230,000 Beginning work in $30,000 used process Direct labor 150,000 Ending work in 15,000 process Manufacturing 225,000 Beginning finished 38,000 overhead goods Operating 263,000 Ending finished 23,000 expenses goods (A) (B) a) $620,000 $635,000 b) $590,000 $620,000 c) $605,000 $590,000 Od) $605,000 $620,000
Concord Corporation has beginning and ending work in process inventories of $170000 and $185000 respectively. If total manufacturing costs are $680000, what is the total cost of goods manufactured? O $850000. O $665000. $865000. $695000. Given the following data for Concord Corporation, compute cost of goods manufactured: Direct materials used $120000 Beginning work in process $20000 Direct labor 100000 Ending work in process 10000 Manufacturing 80000 Beginning finished goods 25000 overhead Operating expenses 75000 Ending finished goods 15000 $300000 $320000...
Bonita Industries developed the following data for the current
year:
Beginning work in process
inventory
$160000
Direct materials used
64000
Actual overhead
208000
Overhead applied
136000
Cost of goods manufactured
184000
Total manufacturing costs
480000
Bonita Industries's direct labor cost for the year is
$184000.
$280000.
$72000.
$136000.
Question 5 (8 marks) Montreal Industries Inc. had the following activities during the year: Ensure to show all calculations for full marks. Direct materials - Beginning inventory $50,000 Direct materials - Ending inventory 26,000 Direct manufacturing labour 40,000 Manufacturing overhead 30,000 Direct materials - Purchases 154,000 Ending work-in-process inventory 10,000 Beginning work-in-process inventory 2,000 Ending finished goods inventory 40,000 Beginning finished goods inventory 60,000 Required 1. Calculate the cost of direct materials used during the year. 2. Calculate the cost...
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