The following cost data relate to the manufacturing activities of Black Company during the just completed year:
Homework Answers
1) Applied overhead = 11200*5 = 56000
Actual overhead = 47400
Over applied overhead by 8600
2) Schedule of cost of goods manufactured
| Direct material used | ||
| Beginning raw material | 9000 | |
| Raw material purchase | 32000 | |
| Raw material available for use | 41000 | |
| Less: Ending raw material | -6500 | |
| Direct material used | 34500 | |
| Direct labor | 40500 | |
| Manufacturing overhead | 56000 | |
| Total manufacturing cost | 131000 | |
| Beginning work in process | 5300 | |
| Total cost of work in process | 136300 | |
| Less: Ending work in process | -7700 | |
| Cost of goods manufactured | 128600 | |
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The following cost data relate to the manufacturing activities
of Black Company during the just completed...
The following cost data relate to the manufacturing activities of Black Company during the just completed...
The following cost data relate to the manufacturing activities of Black Company during the just completed year: $ 3,000 4,900 9,800 23,900 5.900 $47,500 Manufacturing overhead costs incurred: Property taxes, factory Utilities, factory Indirect labor Depreciation, factory Insurance, factory Total actual manufacturing overhead costs Other costs incurred: Purchases of raw materials Direct labor cost Inventories: Raw materials, beginning Raw materials, ending Work in process, beginning $31,900 $40,600 $ 8,700 $ 6,300 $ 5,000 $ 7,500 Work in process, ending The...
The following cost data relate to the manufacturing activities of Black Company during the just completed...
The following cost data relate to the manufacturing activities of Black Company during the just completed year Manufacturing overhead costs incurred: 2,900 5,000 9,900 23,900 5,900 Property taxes, factory Utlities, factory Indirect labor Depreciation, factory Insurance, factory Total actual manufacturing overhead costs $47.800 Other costs incurred: Purchases of raw materials Direct labor cost $32.400 $39.500 Inventories Raw materials, beginning Raw materials, ending Work in process, beginning S 8.800 8 200 s 6.200 Work in process, ending s 6.600 The company...
The following cost data relate to the manufacturing activities of Black Company during the just completed year: $ 2,90...
The following cost data relate to the manufacturing activities of Black Company during the just completed year: $ 2,900 4,900 9,900 23,900 5,900 $47,500 Manufacturing overhead costs incurred: Property taxes, factory Utilities, factory Indirect labor Depreciation, factory Insurance, factory Total actual manufacturing overhead costs Other costs incurred: Purchases of raw materials Direct labor cost Inventories: Raw materials, beginning Raw materials, ending Work in process, beginning $31,400 $39,000 $ 8,400 $ 6,300 $ 5,800 $ 7,400 Work in process, ending The...
The following cost data relate to the manufacturing activities of Black Company during the just completed...
The following cost data relate to the manufacturing activities of Black Company during the just completed year: Manufacturing overhead costs incurred: Property taxes, factory $ 2,900 Utilities, factory 4,900 Indirect labor 10,000 Depreciation, factory 23,900 Insurance, factory 5,800 Total actual manufacturing overhead costs $ 47,500 Other costs incurred: Purchases of raw materials $ 31,900 Direct labor cost $ 40,400 Inventories: Raw materials, beginning $ 8,700 Raw materials, ending $ 6,700 Work in process, beginning $ 5,700 Work in process, ending...
The following cost data relate to the manufacturing activities of Black Company during the just completed...
The following cost data relate to the manufacturing activities of Black Company during the just completed year: Manufacturing overhead costs incurred: Property taxes, factory $ 2,900 Utilities, factory 4,900 Indirect labor 10,000 Depreciation, factory 23,900 Insurance, factory 5,800 Total actual manufacturing overhead costs $ 47,500 Other costs incurred: Purchases of raw materials $ 31,900 Direct labor cost $ 40,400 Inventories: Raw materials, beginning $ 8,700 Raw materials, ending $ 6,700 Work in process, beginning $ 5,700 Work in process, ending...
The following cost data relate to the manufacturing activities of Black Company during the just completed...
The following cost data relate to the manufacturing activities of Black Company during the just completed year: Manufacturing overhead costs incurred: Property taxes, factory $ 3,000 Utilities, factory 4,900 Indirect labor 9,900 Depreciation, factory 24,000 Insurance, factory 5,900 Total actual manufacturing overhead costs $47,700 Other costs incurred: Purchases of raw materials $32,100 Direct labor cost $39,200 Inventories: Raw materials, beginning $ 8,400 Raw materials, ending $ 6,500 Work in process, beginning $ 5,500 Work in process, ending $ 7,000 The...
The following cost data relate to the manufacturing activities of Chang Company during the just completed...
The following cost data relate to the manufacturing activities of Chang Company during the just completed year: Manufacturing overhead costs incurred: Indirect materials Indirect labor $ 15,200 132,000 8,200 72,000 152,400 10,200 $390,000 Property taxes, factory Utilities, factory Depreciation, factory Insurance, factory Total actual manufacturing overhead costs incurred Other costs incurred: $ 402,000 $ 62,000 Purchases of raw materials (both direct and indirect) Direct labor cost Inventories Raw materials, beginning Raw materials, ending Work in process, beginning Work in process,...
The following cost data relate to the manufacturing activities of Chang Company during the just completed...
The following cost data relate to the manufacturing activities of Chang Company during the just completed year: $ 15,300 133,000 Manufacturing overhead costs incurred: Indirect materials Indirect labor Property taxes, factory Utilities, factory Depreciation, factory Insurance, factory 8,300 73,000 152,100 10,300 Total actual manufacturing overhead costs incurred $ 392,000 $403,000 $ 63,000 Other costs incurred: Purchases of raw materials (both direct and indirect) Direct labor cost Inventories: Raw materials, beginning Raw materials, ending Work in process, beginning Work in process,...
The following cost data relate to the manufacturing activities of Chang Company during the just completed...
The following cost data relate to the manufacturing activities of Chang Company during the just completed year: Manufacturing overhead costs incurred: Indirect materials Indirect labor Property taxes, factory Utilities, factory Depreciation, factory Insurance, factory Total actual manufacturing overhead costs incurred 16,300 143,000 9,300 83,000 149,100 11,300 $412,000 Other costs incurred: Purchases of raw materials (both direct and indirect) Direct labor cost $413,000 $ 73,000 Inventories: Raw materials, beginning Raw materials, ending Work in process, beginning Work in process, ending 21,300...
The following cost data relate to the manufacturing activities of Chang Company during the just completed...
The following cost data relate to the manufacturing activities of Chang Company during the just completed year: Manufacturing overhead costs incurred: Indirect materials Indirect labor Property taxes, factory utilities, factory Depreciation, factory Insurance, factory Total actual manufacturing overhead costs incurred Other costs incurred: Purchases of raw materials (both direct and indirect) Direct labor cost Inventories: Raw materials, beginning Raw materials, ending Work in process, beginning Work in process, ending $ 15,500 135,000 8,500 75,000 230,700 10,500 $ 475,200 $ 405,000...
The following cost data relate to the manufacturing activities of Black Company during the just completed year: $ 3,000 4,900 9,800 23,900 5.900 $47,500 Manufacturing overhead costs incurred: Property taxes, factory Utilities, factory Indirect labor Depreciation, factory Insurance, factory Total actual manufacturing overhead costs Other costs incurred: Purchases of raw materials Direct labor cost Inventories: Raw materials, beginning Raw materials, ending Work in process, beginning $31,900 $40,600 $ 8,700 $ 6,300 $ 5,000 $ 7,500 Work in process, ending The...
The following cost data relate to the manufacturing activities of Black Company during the just completed year Manufacturing overhead costs incurred: 2,900 5,000 9,900 23,900 5,900 Property taxes, factory Utlities, factory Indirect labor Depreciation, factory Insurance, factory Total actual manufacturing overhead costs $47.800 Other costs incurred: Purchases of raw materials Direct labor cost $32.400 $39.500 Inventories Raw materials, beginning Raw materials, ending Work in process, beginning S 8.800 8 200 s 6.200 Work in process, ending s 6.600 The company...
The following cost data relate to the manufacturing activities of Black Company during the just completed year: $ 2,900 4,900 9,900 23,900 5,900 $47,500 Manufacturing overhead costs incurred: Property taxes, factory Utilities, factory Indirect labor Depreciation, factory Insurance, factory Total actual manufacturing overhead costs Other costs incurred: Purchases of raw materials Direct labor cost Inventories: Raw materials, beginning Raw materials, ending Work in process, beginning $31,400 $39,000 $ 8,400 $ 6,300 $ 5,800 $ 7,400 Work in process, ending The...
The following cost data relate to the manufacturing activities of Black Company during the just completed year: Manufacturing overhead costs incurred: Property taxes, factory $ 3,000 Utilities, factory 4,900 Indirect labor 9,900 Depreciation, factory 24,000 Insurance, factory 5,900 Total actual manufacturing overhead costs $47,700 Other costs incurred: Purchases of raw materials $32,100 Direct labor cost $39,200 Inventories: Raw materials, beginning $ 8,400 Raw materials, ending $ 6,500 Work in process, beginning $ 5,500 Work in process, ending $ 7,000 The...
The following cost data relate to the manufacturing activities of Chang Company during the just completed year: Manufacturing overhead costs incurred: Indirect materials Indirect labor $ 15,200 132,000 8,200 72,000 152,400 10,200 $390,000 Property taxes, factory Utilities, factory Depreciation, factory Insurance, factory Total actual manufacturing overhead costs incurred Other costs incurred: $ 402,000 $ 62,000 Purchases of raw materials (both direct and indirect) Direct labor cost Inventories Raw materials, beginning Raw materials, ending Work in process, beginning Work in process,...
The following cost data relate to the manufacturing activities of Chang Company during the just completed year: $ 15,300 133,000 Manufacturing overhead costs incurred: Indirect materials Indirect labor Property taxes, factory Utilities, factory Depreciation, factory Insurance, factory 8,300 73,000 152,100 10,300 Total actual manufacturing overhead costs incurred $ 392,000 $403,000 $ 63,000 Other costs incurred: Purchases of raw materials (both direct and indirect) Direct labor cost Inventories: Raw materials, beginning Raw materials, ending Work in process, beginning Work in process,...
The following cost data relate to the manufacturing activities of Chang Company during the just completed year: Manufacturing overhead costs incurred: Indirect materials Indirect labor Property taxes, factory Utilities, factory Depreciation, factory Insurance, factory Total actual manufacturing overhead costs incurred 16,300 143,000 9,300 83,000 149,100 11,300 $412,000 Other costs incurred: Purchases of raw materials (both direct and indirect) Direct labor cost $413,000 $ 73,000 Inventories: Raw materials, beginning Raw materials, ending Work in process, beginning Work in process, ending 21,300...
The following cost data relate to the manufacturing activities of Chang Company during the just completed year: Manufacturing overhead costs incurred: Indirect materials Indirect labor Property taxes, factory utilities, factory Depreciation, factory Insurance, factory Total actual manufacturing overhead costs incurred Other costs incurred: Purchases of raw materials (both direct and indirect) Direct labor cost Inventories: Raw materials, beginning Raw materials, ending Work in process, beginning Work in process, ending $ 15,500 135,000 8,500 75,000 230,700 10,500 $ 475,200 $ 405,000...
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