Assume the following information pertaining to Cub Company: Prime costs $ 201,500 Conversion costs 234,000 Direct...
Assume the following information pertaining to Cub Company:
| Prime costs | $ | 201,500 | |
| Conversion costs | 234,000 | ||
| Direct materials used | 89,550 | ||
| Beginning work in process | 103,850 | ||
| Ending work in process | 83,600 | ||
Direct labor used is calculated to be:
323,550
32500
111950
88550
112950
Homework Answers
Direct labor used = Prime cost - Direct material used
= $201500 - 89550
= $111950
Add Answer to:
Assume the following information pertaining to Cub Company:
Prime costs
$
201,500
Conversion costs
234,000
Direct...
Assume the following information pertaining to Cub Company: Prime costs $ 202,000 Conversion costs 235,000 Direct...
Assume the following information pertaining to Cub Company: Prime costs $ 202,000 Conversion costs 235,000 Direct materials used 89,900 Beginning work in process 104,300 Ending work in process 83,800 Factory overhead is calculated to be:
Assume the following information pertaining to Cub Company: Prime costs $ 196,000 Conversion costs 223,000 Direct...
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Assume the following information pertaining to Cub Company: Ending work in process $89,800 Beginning work in...
Assume the following information pertaining to Cub Company: Ending work in process $89,800 Beginning work in proces $106,400 Direct materials use d 노인 $88,800 Conversion costs $239,300 Prime costs $211,200 s0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 Total manufacturing cost is calculated to be: $344,700 $88,800 $122,400 $328,100 $116,900
23) Assume the following information pertaining to Cub Company: Prime costs charged to jobs during 2018...
23) Assume the following information pertaining to Cub Company: Prime costs charged to jobs during 2018 $195,000 Conversion costs charged to jobs during 2018 225,000 Direct materials charged to jobs during 2018 | 85,000 |Jan 1, 2018: work in process 100,000 Dec. 31, 2018: work in process 80,000 What is Cub's 2018 cost of goods manufactured? A) $330,000. B) $440,000. C) $290,000. D) $300,000. E) $355,000.
Assume the following information pertaining to Moonbeam Company: Finished goods inventory Work in process inventory Direct...
Assume the following information pertaining to Moonbeam Company: Finished goods inventory Work in process inventory Direct materials Beginning $152,500 100,000 135,750 Ending $144,250 122,750 151, 750 Costs incurred during the period are as follows: Total manufacturing costs Factory overhead Direct materials used $926,000 214,000 168,750 Materials purchases are calculated to be: < Prev 15 of 31 ! Next e to search
Assume the following information pertaining to Moonbeam Company: Finished goods inventory Work in process inventory Direct...
Assume the following information pertaining to Moonbeam Company: Finished goods inventory Work in process inventory Direct materials Beginning $158,500 104,000 140,750 Ending $149,650 127,750 157,550 Costs incurred during the period are as follows: Total manufacturing costs Factory overhead Direct materials used $934,000 218,000 172,150 Cost of goods sold is calculated to be: Multiple Choice O $910.250. $926,100 $932,100 ooo $906,100. O $919,100.
1. Which of the following costs are conversion costs? a. direct materials cost and factory overhead...
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1. Compute the total prime costs for both Garcon Company and Pepper Company . 2. Compute...
1.
Compute the total prime costs for both Garcon Company and Pepper
Company . 2. Compute the total conversion costs for both Garcon
Company and Pepper Company .
Beginning finished goods inventory Beginning work in process inventory Beginning raw materials inventory (direct materials) Rental cost on factory equipment Direct labor Ending finished goods inventory Ending work in process inventory Ending raw materials inventory Factory utilities Factory supplies used (indirect materials) General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials...
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Cost Definitions Wyandotte Company provided the following information for the last calendar year: Beginning inventory: Direct...
Cost Definitions Wyandotte Company provided the following information for the last calendar year: Beginning inventory: Direct materials $30,000 Work in process 50,000 Ending inventory: Direct materials $16,400 Work in process 23,600 > During the year, direct materials purchases amounted to $254,800, direct labor cost was $166,800, and overhead cost was $300,000. There were 40,000 units produced. Required: 1. Calculate the total cost of direct materials used in production 2. Calculate the cost of goods manufactured Calculate the unit manufacturing cost....
Assume the following information pertaining to Cub Company: Ending work in process $89,800 Beginning work in proces $106,400 Direct materials use d 노인 $88,800 Conversion costs $239,300 Prime costs $211,200 s0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000 Total manufacturing cost is calculated to be: $344,700 $88,800 $122,400 $328,100 $116,900
23) Assume the following information pertaining to Cub Company: Prime costs charged to jobs during 2018 $195,000 Conversion costs charged to jobs during 2018 225,000 Direct materials charged to jobs during 2018 | 85,000 |Jan 1, 2018: work in process 100,000 Dec. 31, 2018: work in process 80,000 What is Cub's 2018 cost of goods manufactured? A) $330,000. B) $440,000. C) $290,000. D) $300,000. E) $355,000.
Assume the following information pertaining to Moonbeam Company: Finished goods inventory Work in process inventory Direct materials Beginning $152,500 100,000 135,750 Ending $144,250 122,750 151, 750 Costs incurred during the period are as follows: Total manufacturing costs Factory overhead Direct materials used $926,000 214,000 168,750 Materials purchases are calculated to be: < Prev 15 of 31 ! Next e to search
Assume the following information pertaining to Moonbeam Company: Finished goods inventory Work in process inventory Direct materials Beginning $158,500 104,000 140,750 Ending $149,650 127,750 157,550 Costs incurred during the period are as follows: Total manufacturing costs Factory overhead Direct materials used $934,000 218,000 172,150 Cost of goods sold is calculated to be: Multiple Choice O $910.250. $926,100 $932,100 ooo $906,100. O $919,100.
1.
Compute the total prime costs for both Garcon Company and Pepper
Company . 2. Compute the total conversion costs for both Garcon
Company and Pepper Company .
Beginning finished goods inventory Beginning work in process inventory Beginning raw materials inventory (direct materials) Rental cost on factory equipment Direct labor Ending finished goods inventory Ending work in process inventory Ending raw materials inventory Factory utilities Factory supplies used (indirect materials) General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials...
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