Homework Answers
| cost of direct materials used | 1,323,600 |
| add: direct labor | 1,680,000 |
| add: total factory overhead | 3,544,200 |
| add: work in process inventory, october 1 | 455,300 |
| less: work in process inventory, october 31 | (378,100) |
| cost of goods manufactured | 6,625,000 |
Add Answer to:
EX 15-13 Cost of goods manufactured for a manufacturing company Obj. 3 The following information is...
Cost of direct materials used in production Direct labor Work in process inventory, October 1 Work...
Cost of direct materials used in production Direct labor Work in process inventory, October 1 Work in process inventory, October 31 Total factory overhead $1,323,600 1,680,000 455,300 378,100 3,544,200 Determine Fuller Manufacturing's cost of goods manufactured for the month ended October 31. Fuller Manufacturing Company Statement of Cost of Goods Manufactured For the Month Ended October 31 Work in process inventory, October 1 Manufacturing costs incurred during October: Cost of direct materials used in production Direct labor Factory overhead Total...
Chapter 15 Introduction to Managerial Accounting Obj. 3 FX 15-10 Manufacturing company balance sheet partial balance...
Chapter 15 Introduction to Managerial Accounting Obj. 3 FX 15-10 Manufacturing company balance sheet partial balance sheet data for Diesel Additives Company at August 31 are is Finished goods inventory S 89,400 Supplies Prepaid insurance 9,000 Materials inventory Accounts receivable 348.200 Cash Work in process inventory 61,100 $ 13,800 26,800 167,500 Prepare the "Current assets" section of Diesel Additives Company's balance sheet at Augus EX 15-11 Cost of direct materials used in production for a manufacturing company Walker Manufacturing Company...
Cost of Dirt Materials used in Production for a Manufacturing Company Walker Manufacturing Company reported the...
Cost of Dirt Materials used in Production for a Manufacturing Company Walker Manufacturing Company reported the following materials data for the month ending June 30! Materials purchased $845,700 Materials inventory, June 1 238,500 Materials inventory, June 30 190,400 Determine the cost of direct materials used in production by Walker during the month ended June 30. Cost of Goods Manufactured for a Manufacturing Company Two items are omitted from each of the following three lists of cost of goods manufactured statement...
Cost of Goods Manufactured for a Manufacturing Company The following information is available for Ethtridge Manufacturing...
Cost of Goods Manufactured for a Manufacturing Company The following information is available for Ethtridge Manufacturing Company for the month ending July 31: Cost of direct materials used in production $106,500 Direct labor 127,800 Work in process inventory, July 1 47,900 Work in process inventory, July 31 65,000 Total factory overhead 58,600 Determine Ethtridge's cost of goods manufactured for the month ended July 31. Ethtridge Manufacturing Company Statement of Cost of Goods Manufactured For the Month Ended July 31 Work...
Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Sandusky Manufacturing Company...
Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Sandusky Manufacturing Company for the month ended January 31 are as follows: Inventories January 1 January 31 Materials $196,000 $176,400 Work in process 135,240 121,720 Finished goods 99,960 118,190 Direct labor $352,800 Materials purchased during January 376,320 Factory overhead incurred during January: Indirect labor 37,630 Machinery depreciation 22,740 Heat, light, and power 7,840 Supplies 6,270 Property taxes 5,490 Miscellaneous costs 10,190 a. Prepare a cost of goods...
Cost of Goods Manufactured and Sold Anglin Company, a manufacturing firm, has supplied the following information...
Cost of Goods Manufactured and Sold Anglin Company, a manufacturing firm, has supplied the following information from its accounting records for the last calendar year: Direct labor cost $495,900 Purchases of direct materials 378,890 Freight-in on materials 7,500 Factory supplies used 18,500 Factory utilities 54,000 Commissions paid 78,983 Factory supervision and indirect labor 165,000 Advertising 145,600 Materials handling 16,900 Work-in-process inventory, January 1 201,000 Work-in-process inventory, December 31 117,400 Direct materials inventory, January 1 37,200 Direct materials inventory, December 31...
Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Johnstone Manufacturing Company...
Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Johnstone Manufacturing Company for the month ended March 31 are as follows: Inventories March 1 March 31 Materials $212,000 $182,320 Work in process 1 44,160 123,980 Finished goods 110,240 122,150 S. Direct labor Materials purchased during March Factory overhead incurred during March: $381,600 407,040 Indirect labor Machinery depreciation Heat, light, and power Supplies Property taxes Miscellaneous costs a. Prepare a cost of goods manufactured statement for March....
Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Sandusky Manufacturing Company for th...
Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Sandusky Manufacturing Company for the month ended January 31 are as follows: Inventories January 1 January 31 Materials $171,820 $195,250 134,720 99,580 Work in process Finished goods 118,560 116,840 Direct labor $351,450 374,880 Materials purchased during January Factory overhead incurred during January: Indirect labor 37,490 Machinery depreciation Heat, light, and power 22,650 7,810 Supplies 6,250 Property taxes 5,470 Miscellaneous costs 10,150 a. Prepare a cost of goods...
15 Requirements: Prepare the schedule of cost of goods manufactured and cost of goods sold. Data:...
15 Requirements: Prepare the schedule of cost of goods manufactured and cost of goods sold. Data: Raw Materials Inventory, Jan. 1 $10 Raw Materials Inventory, Dec. 31 Work-in-Process Inventory, Jan. 1 Work-in-Process Inventory, Dec. 31 Finished Goods Inventory, Jan. 1 Finished Goods Inventory, Dec. 31 Raw Materials Purchased, incl. freight 30 Direct Labor 40 Manufacturing (factory) Overhead Schedule of Costs of Goods Manufactured Year Ended December 31, 2018 Beginning Work-in-Process Direct Materials Used: Beginning Raw Materials Inventory Purchased of Raw...
Statement of Cost of Goods Manufactured and Income Statement for a Manufacturing Company The following information...
Statement of Cost of Goods Manufactured and Income Statement for a Manufacturing Company The following information is available for Shanika Company for 20Y6: Inventories January 1 December 31 Materials $469,710 $587,140 Work in process 845,480 798,510 Finished goods 812,600 816,120 Advertising expense $398,670 Depreciation expense-office equipment 56,370 Depreciation expense-factory equipment 75,740 Direct labor 904,200 Heat, light, and power-factory 29,940 Indirect labor 105,690 Materials purchased 886,580 Office salaries expense 309,420 Property taxes-factory 24,660 Property taxes-headquarters building 51,080 Rent expense-factory 41,690 Sales...
Cost of direct materials used in production Direct labor Work in process inventory, October 1 Work in process inventory, October 31 Total factory overhead $1,323,600 1,680,000 455,300 378,100 3,544,200 Determine Fuller Manufacturing's cost of goods manufactured for the month ended October 31. Fuller Manufacturing Company Statement of Cost of Goods Manufactured For the Month Ended October 31 Work in process inventory, October 1 Manufacturing costs incurred during October: Cost of direct materials used in production Direct labor Factory overhead Total...
Chapter 15 Introduction to Managerial Accounting Obj. 3 FX 15-10 Manufacturing company balance sheet partial balance sheet data for Diesel Additives Company at August 31 are is Finished goods inventory S 89,400 Supplies Prepaid insurance 9,000 Materials inventory Accounts receivable 348.200 Cash Work in process inventory 61,100 $ 13,800 26,800 167,500 Prepare the "Current assets" section of Diesel Additives Company's balance sheet at Augus EX 15-11 Cost of direct materials used in production for a manufacturing company Walker Manufacturing Company...
Cost of Dirt Materials used in Production for a Manufacturing Company Walker Manufacturing Company reported the following materials data for the month ending June 30! Materials purchased $845,700 Materials inventory, June 1 238,500 Materials inventory, June 30 190,400 Determine the cost of direct materials used in production by Walker during the month ended June 30. Cost of Goods Manufactured for a Manufacturing Company Two items are omitted from each of the following three lists of cost of goods manufactured statement...
Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Johnstone Manufacturing Company for the month ended March 31 are as follows: Inventories March 1 March 31 Materials $212,000 $182,320 Work in process 1 44,160 123,980 Finished goods 110,240 122,150 S. Direct labor Materials purchased during March Factory overhead incurred during March: $381,600 407,040 Indirect labor Machinery depreciation Heat, light, and power Supplies Property taxes Miscellaneous costs a. Prepare a cost of goods manufactured statement for March....
Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Sandusky Manufacturing Company for the month ended January 31 are as follows: Inventories January 1 January 31 Materials $171,820 $195,250 134,720 99,580 Work in process Finished goods 118,560 116,840 Direct labor $351,450 374,880 Materials purchased during January Factory overhead incurred during January: Indirect labor 37,490 Machinery depreciation Heat, light, and power 22,650 7,810 Supplies 6,250 Property taxes 5,470 Miscellaneous costs 10,150 a. Prepare a cost of goods...
15 Requirements: Prepare the schedule of cost of goods manufactured and cost of goods sold. Data: Raw Materials Inventory, Jan. 1 $10 Raw Materials Inventory, Dec. 31 Work-in-Process Inventory, Jan. 1 Work-in-Process Inventory, Dec. 31 Finished Goods Inventory, Jan. 1 Finished Goods Inventory, Dec. 31 Raw Materials Purchased, incl. freight 30 Direct Labor 40 Manufacturing (factory) Overhead Schedule of Costs of Goods Manufactured Year Ended December 31, 2018 Beginning Work-in-Process Direct Materials Used: Beginning Raw Materials Inventory Purchased of Raw...
Most questions answered within 3 hours.
-
The x component of the velocity of an object vibrating
along the x-axis obeys the equation...
asked 24 minutes ago -
A junction box contains two trade size 2 raceways on the left
side, and two trade...
asked 57 minutes ago -
Atmospheric Mass
Venus and Earth have about the same mass and radius, but the
atmospheric pressure...
asked 1 hour ago -
5. Discuss the use of fault tree analysis (FTA) for risk
assessment (maximum one paragraph).
asked 2 hours ago -
Given that a sample of aluminium oxide has a Young's modulus of
393 GPa and a...
asked 4 hours ago -
At a certain temperature, the equilibrium constant, Kc, for this
reaction is 53.3.
H2(g)+I2(g)−⇀↽−2HI(g)Kc=53.3
At this...
asked 5 hours ago -
Question1 ) The STL provides similiar classes called stack and
queue, both of which gave functions...
asked 6 hours ago -
For Questions 1-4, assume you have 5 bits available:
1. For (positive) integers: What is the...
asked 6 hours ago -
convert grams into vloume with the density of water being at
.997514 g/cm^3 at 23.1 Celsuis...
asked 8 hours ago -
Foreman company obtained a $20,000, 6% loan on May 1, 2018.
Principal and interest will be...
asked 8 hours ago -
5. Problem 11.05 (Discounted Payback)
eBook
Project L costs $60,000, its expected cash inflows are $14,000
per...
asked 9 hours ago -
1. Which of the following is true about politics and health
organizations?
A. Health organizations are...
asked 9 hours ago