Homework Answers
Direct material used Amount in $'s
Opening raw material = 24,000
Add:- Raw material purchased = 74,000
Less:- Closing raw material = (27,000)
Direct material used = 71000
Direct material used during the year = 71,000
Add:- Direct labor = 88,000
Manufacturing overheads = 46,000
Total manufacturing costs incurred = 205,000
Add:- opening work in progress = 36,000
Less:- Closing work in progress =(27,000)
Cost of goods manufactured = 214000
Add:- Opening finished goods = 15000
Cost of goods available for sale = 229000
Less:- Closing Finished goods = ( 21000)
Cost of goods sold = 208,000
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Data Table Ending Beginning S 24,000 36,000 15,000 Inventories: Raw Materials Work-in-Process Finished Goods Other information:...
Data Table Inventories: Raw Materials Work-in-Process Finished Goods Other information: Purchases of materials Direct labor Manufacturing...
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ure du Beginning $28,000 35,000 21,000 Ending Balances: Direct Materials Work-in-Process Inventory Finished Goods Inventory Other information: Purchases of direct materials Direct labor Manufacturing overhead $ 30,000 31,000 22,000 $71,000 86,000 38,000 Print Done Clear A First, compute cost of goods manufactured. Schedule of Cost of Goods Manufactured Direct Materials Used Direct Materials Used Choose from any list or enter any number in the input fields and then click Check Answer. 1 ramaining Clear All Direct Materials Used Total Manufacturing...
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