Homework Answers
Work in progress A/c
| Beg. Balance | 30000 | ||
| Direct material | 40,000 | ||
| direct labor | 100,000 | manufacturing cost ( balancing figure) tranf, to finished goods A/c | 278,000 |
| manufacturing overhead applied | 120,000 | ||
| ending balance | 12,000 | ||
| 290,000 | 290,000 |
Thus the manufacturing cost is $ 278,000
Add Answer to:
Progress 76% 0 Multiple Choice Question Given the folowno, calculate total current manufacturing costs Direct materias:...
Current Attempt in Progress Given the following data for Glennon Company, compute (A) total manufacturing costs...
Current Attempt in Progress Given the following data for Glennon Company, compute (A) total manufacturing costs and (B) costs of goods manufactured: $180000 $40000 110000 20000 Direct materials used Direct labor Manufacturing overhead Operating expenses Beginning work in process Ending work in process Beginning finished goods Ending finished goods 160000 50000 260000 30000 (A) (B) O $450000 $470000 O $470000 $490000 O $430000 $470000 o fi E pe here to search Question 9 of 10 < -11 View Policies Current...
1. Given the following data, calculate total product costs, and total period costs, respectively? Direct Materials...
1. Given the following data, calculate total product costs, and total period costs, respectively? Direct Materials (DM) cost, $300,000; Direct Labor (DL) cost, $280,000; Factory Depreciation Expense, S70,000; Sales & Marketing Expense $80,000; Corporate headquarters administrative expense $30,000 2. Use $2,200,000 as total manufacturing cost (DM+DL+Factory Overhead (FO) incurred in May. Calculate ending Work in Process Inventory on May 31 given the following data. Work in process inventory, May 1 $180,000 Cost of Goods Manufactured, May 1-31 $2,300,000 3. Work...
28 of 75 MULTIPLE CHOICE Given the following data: Cost of materials used Direct labor costs...
28 of 75 MULTIPLE CHOICE Given the following data: Cost of materials used Direct labor costs Factory overhead Work in process, beginning Work in process, ending Finished goods, beginning Finished goods, ending $45,000 48,000 39,000 28,000 18,000 28,000 18,000 What is the cost of goods sold? a. $152,000 b. $142,000 C. $10,000 d. $128,000 А Type here to search 30 of 75 MULTIPLE CHOICE Given the following data: Work in process, beginning Work in process, ending Direct labor costs Cost...
Multiple Choice Question 112 Sheffield Corp. developed the following data for the current year: Beginning work...
Multiple Choice Question 112 Sheffield Corp. developed the following data for the current year: Beginning work in process inventory Direct materials used Actual overhead Overhead applied Cost of goods manufactured Total manufacturing costs $340000 234000 378000 306000 354000 1000000 Sheffield Corp.'s ending work in process inventory is O 。 。 $660000. $646000. $306000. $986000.
CALCULATOR BACK Multiple Choice Question 125 Given the following data for Coronado Industries, compute (A) total...
CALCULATOR BACK Multiple Choice Question 125 Given the following data for Coronado Industries, compute (A) total manufacturing costs and (B) cost of goods manufactured: Direct materials used $160000 Beginning work in process $30000 Direct labor 80000 Ending work in process 15000 Manufacturing overhead 185000 Beginning finished goods 38000 Operating expenses 193000 Ending finished goods 23000 A (B) $425000 $440000 $440000 $455000 $410000 $440000 $425000 $410000 1
1. Three costs in every product are direct materials, direct labor, and period costs direct materials,...
1. Three costs in every product are direct materials, direct labor, and period costs direct materials, work in process, and manufacturing overhead direct materials, direct labor, and manufacturing overhead direct materials, work in progress, and finished goods 2. What is the journal entry for under applied overhead? Manufacturing overhead Finished Goods Inventory Finished Goods Inventory Manufacturing Overhead Manufacturing overhead Cost of goods sold Cost of goods sold Manufacturing overhead 3. Use a piece of scrap paper...
ES Multiple Choice Question 118 Bramble Corp. developed the following data for the current year: 1...
ES Multiple Choice Question 118 Bramble Corp. developed the following data for the current year: 1 3 9 5 3 $ 66000 208000 176000 Beginning work in process inventory Direct materials used Actual overhead Overhead applied Cost of goods manufactured Total manufacturing costs 184000 830000 786000 How much is Bramble Corp.'s direct labor cost for the year? 0 $460000 O $438000 dy O $394000 O $328000
Laura's Bakery Beginning Work-in-Process Inventory Direct Materials Used Direct Labor Manufacturing Overhead Total Manufacturing Costs Incurred...
Laura's Bakery Beginning Work-in-Process Inventory Direct Materials Used Direct Labor Manufacturing Overhead Total Manufacturing Costs Incurred 14,500 10,300 45,400 during the Year Total Manufacturing Costs to Account For Ending Work-in-Process Inventory Cost of Goods Manufactured 56,000 51,600
Warren Company needs your help in calculating total manufacturing costs for the year. Earl, an accountant...
Warren Company needs your help in calculating total manufacturing costs for the year. Earl, an accountant that works at Warren Company, has informed you that all materials used were tracable to specific units of product. Calculate total manufacturing cost for the year. Beginning raw materials inventory Raw material purchases Ending raw materials inventory Beginning work in process inventory Ending work in process inventory Direct labor Total factory overhead $15,100 59,000 16,500 22,300 27,900 42,300 29,900 Multiple Choice O 07200 $124,200...
During the current year, James Company incurred the following product costs: Direct materials used in production...
During the current year, James Company incurred the following product costs: Direct materials used in production $257,000 Direct labor $124,500 Manufacturing overhead $184,000 James Company's beginning Work in Process Inventory was $16,000 and its ending Work in Process Inventory amounted to $28,000. What is the company's cost of finished goods manufactured for the year? Multiple Choice $577,500. $553,500. $308,500. $581,500.
Current Attempt in Progress Given the following data for Glennon Company, compute (A) total manufacturing costs and (B) costs of goods manufactured: $180000 $40000 110000 20000 Direct materials used Direct labor Manufacturing overhead Operating expenses Beginning work in process Ending work in process Beginning finished goods Ending finished goods 160000 50000 260000 30000 (A) (B) O $450000 $470000 O $470000 $490000 O $430000 $470000 o fi E pe here to search Question 9 of 10 < -11 View Policies Current...
1. Given the following data, calculate total product costs, and total period costs, respectively? Direct Materials (DM) cost, $300,000; Direct Labor (DL) cost, $280,000; Factory Depreciation Expense, S70,000; Sales & Marketing Expense $80,000; Corporate headquarters administrative expense $30,000 2. Use $2,200,000 as total manufacturing cost (DM+DL+Factory Overhead (FO) incurred in May. Calculate ending Work in Process Inventory on May 31 given the following data. Work in process inventory, May 1 $180,000 Cost of Goods Manufactured, May 1-31 $2,300,000 3. Work...
28 of 75 MULTIPLE CHOICE Given the following data: Cost of materials used Direct labor costs Factory overhead Work in process, beginning Work in process, ending Finished goods, beginning Finished goods, ending $45,000 48,000 39,000 28,000 18,000 28,000 18,000 What is the cost of goods sold? a. $152,000 b. $142,000 C. $10,000 d. $128,000 А Type here to search 30 of 75 MULTIPLE CHOICE Given the following data: Work in process, beginning Work in process, ending Direct labor costs Cost...
Multiple Choice Question 112 Sheffield Corp. developed the following data for the current year: Beginning work in process inventory Direct materials used Actual overhead Overhead applied Cost of goods manufactured Total manufacturing costs $340000 234000 378000 306000 354000 1000000 Sheffield Corp.'s ending work in process inventory is O 。 。 $660000. $646000. $306000. $986000.
CALCULATOR BACK Multiple Choice Question 125 Given the following data for Coronado Industries, compute (A) total manufacturing costs and (B) cost of goods manufactured: Direct materials used $160000 Beginning work in process $30000 Direct labor 80000 Ending work in process 15000 Manufacturing overhead 185000 Beginning finished goods 38000 Operating expenses 193000 Ending finished goods 23000 A (B) $425000 $440000 $440000 $455000 $410000 $440000 $425000 $410000 1
ES Multiple Choice Question 118 Bramble Corp. developed the following data for the current year: 1 3 9 5 3 $ 66000 208000 176000 Beginning work in process inventory Direct materials used Actual overhead Overhead applied Cost of goods manufactured Total manufacturing costs 184000 830000 786000 How much is Bramble Corp.'s direct labor cost for the year? 0 $460000 O $438000 dy O $394000 O $328000
Laura's Bakery Beginning Work-in-Process Inventory Direct Materials Used Direct Labor Manufacturing Overhead Total Manufacturing Costs Incurred 14,500 10,300 45,400 during the Year Total Manufacturing Costs to Account For Ending Work-in-Process Inventory Cost of Goods Manufactured 56,000 51,600
Warren Company needs your help in calculating total manufacturing costs for the year. Earl, an accountant that works at Warren Company, has informed you that all materials used were tracable to specific units of product. Calculate total manufacturing cost for the year. Beginning raw materials inventory Raw material purchases Ending raw materials inventory Beginning work in process inventory Ending work in process inventory Direct labor Total factory overhead $15,100 59,000 16,500 22,300 27,900 42,300 29,900 Multiple Choice O 07200 $124,200...
Most questions answered within 3 hours.
-
Calculate how many moles of ions are in 1.4 L of 2.9 M KNO2
(aq). Remember...
asked 44 minutes ago -
Experiment:
In the experiment: Mix together 74 g. (92 ml.) of n-butyl
alcohol and 120 g....
asked 1 hour ago -
This Python module will be menu driven
and use conditions to check user input in order...
asked 1 hour ago -
Tip Calculator App
For this project, you will create a tip calculator Android
app. The user...
asked 2 hours ago -
A first order chemical reaction has an energy of activation of
90.0 kJ/mol and a rate...
asked 3 hours ago -
Which statement is not correct?
Mutations change the sequence of nucleotides in DNA.
Mutations can be...
asked 5 hours ago -
An organization is not required to accommodate an employee's
disability when the accommodation would cause "undue...
asked 5 hours ago -
Mojo Mining has a bond outstanding that sells for $2,165 and
matures in 17 years. The...
asked 5 hours ago -
Olympic weightlifter Zoe Smith holds a 58 kg barbell over her
head, 2.1 meters above the...
asked 5 hours ago -
For sample average = 28 and a μ = 17 and a s = 4 and...
asked 5 hours ago -
A
short forward contract that was negotiated some time ago will
expire in three months and...
asked 6 hours ago -
If R = R1L2/L3, what is the measurement error dR based on the
rules of error...
asked 6 hours ago