21. d. Cost of Goods Sold.
22. a. $21,850
Computation:-
Manufacturing Overhead Rate per direct Labor Hour = $95,000/10000= $9.50 per direct labor hour
Labor hour incurred = 2300 hrs
Factory Overhead = $9.5*2300 = $21850
23. a. direct labor hour
24. d. $12
Computation:-
Unit Cost = Total Cost / Total No.of units
=(4000+5600+2400)/1000
= $12/unit
25. b.debit cost of goods sold, credit finished goods, debit Accounts receivable, credit sales.
26. a. Work in progress $200,000
Wages Payable $200,000
please help with these please i am so confused. please do all them. thank you. 21....
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Froya Fabrikker A/S of Bergen, Norway, is a small company that manufactures specialty heavy equipment for use in North Sea oil fields. The company uses a job-order costing system that applies manufacturing overhead cost to jobs on the basis of direct labor-hours. Its predetermined overhead rate was based on a cost formula that estimated $380,000 of manufacturing overhead for an estimated allocation base of 1,000 direct labor-hours. The following transactions took place during the year: Raw materials purchased on account,...
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Can someone help me determine how to complete this question I am very confused ( the last photo is required part 2) Conundrum Corporation manufactures furniture. Due to a fire in the administrative offices, the accounting records for November of the current year were partially destroyed. You have been able to piece together the following information from the ledger. Raw-Material Inventory 40,000 Bal. 11/30 45,000 Accounts Payable 12,100 Bal. 10/31 Work-in-Process Inventory Bal. 10/31 8,000 Finished-Goods Inventory Bal. 10/31 35,000...