For each case below, find the missing amount. Case I Case II Case III Beginning inventory...
For each case below, find the missing amount.
|
Homework Answers
| CASE I | CASE II | CASE III | |
| Beginning Inventory of Finished Goods | $ 89,000 | $ 19,000 | $ 6,000 |
| Cost of Goods Manufactured during period | $ 4,15,000 | $ 92,000 | $ 3,26,000 |
| Ending inventory of finished Goods | $ 95,000 | $ 7,000 | $ 26,000 |
| Cost of Goods Sold | $ 4,09,000 | $ 1,04,000 | $ 3,06,000 |
| Formula, | |||
| Cost of Goods Sold = Beginning inventory + Cost of Goods manufactured during period - Ending inventory | |||
| Beginning inventory = Cost of Goods Sold - Cost of Goods Sold manufactured duringg period+ Ending inventory | |||
| Cost of Goods manufactured during period = Cost of Goods Sold + Ending inventory - Beginning inventory | |||
Add Answer to:
For each case below, find the missing amount.
Case I
Case II
Case III
Beginning inventory...
For each case below, find the missing amount. Case I Case II Case III 19,0008,000 Beginning...
For each case below, find the missing amount. Case I Case II Case III 19,0008,000 Beginning inventory of finished goods Cost of goods manufactured during Ending inventory of finished goods Cost of goods sold 96,000 422,000 93,000 412,000 6,000 26,000 $ 315,000
For each case below, find the missing amount. Casel Case III $ 11,000 Beginning inventory of...
For each case below, find the missing amount. Casel Case III $ 11,000 Beginning inventory of finished goods Cost of goods manufactured during period Ending inventory of finished goods Cost of goods sold Case Il $ 18,000 98.000 8.000 418,000 95.000 418.000 20.000 319,000 $
Supply the missing data in the following cases. Each case is independent of the others. (Leave...
Supply the missing data in the following cases. Each case is independent of the others. (Leave no cells blank - be certain to enter "0" wherever required.) Case 1 2 3 1 5,500 $ $ $ $ 7,000 4,000 5,000 6,000 8,000 4 4,000 5,000 10,000 6,000 19,500 3,500 21,000 4,000 5,000 3,500 19,000 25,600 2,000 Direct materials Direct labour Manufacturing overhead Total manufacturing costs Beginning work-in-process inventory Ending work-in-process inventory Cost of goods manufactured Sales Beginning finished goods inventory...
Determine the missing amounts in each of the following independent cases. Case A Case B 92,000...
Determine the missing amounts in each of the following independent cases. Case A Case B 92,000 Case C 6,000 31,000 196,000 280,000 220,000 271,000 317,000 380,000 580,000 1,120,000 86,000 70,500 96,000 207,000 1,115,000 76,000 121,000 Beginning inventory, raw material Ending inventory, raw material Purchases of raw material Direct material used Direct labor Manufacturing overhead Total manufacturing costs Beginning inventory, work in process Ending inventory, work in process Cost of goods manufactured Beginning inventory, finished goods Cost of goods available for...
Supply the missing data in the following cases. Each case is independent of the others. (45...
Supply the missing data in the following cases. Each case is independent of the others. (45 marks) CASE 1 2 3 4 Direct materials 14,500 60,000 5,000 23,000 Direct labour ? 23,000 7,000 14,000 Manufacturing overhead 25,000 44,000 ? 19,000 Total manufacturing costs 58,500 ? 20,000 ? Beginning work-inprocess inventory 3,500 ? 3,000 ? Ending work-in-processinventory ? 4,000 4,000 8,500 Cost of goods manufactured 58,000 131,000 ? ? Sales 80,000 201,000 36,000 90,000 Beginning finished goods inventory 10,000 12,500 ?...
Determine the missing amounts in each of the following independent cases. Case A Case B Case...
Determine the missing amounts in each of the following independent cases. Case A Case B Case C Beginning inventory, raw material $20,000 $15,000 Ending inventory, raw material 90,000 30,000 Purchases of raw material 100,000 85,000 Direct material 70,000 95,000 Direct labor 100,000 125,000 Manufacturing overhead 250,000 160,000 Total manufacturing costs 520,000 345,000 340,000 Beginning inventory, work in process 35,000 20,000 Ending inventory, work in process 35,000 5,000 Cost of goods manufactured 525,000 350,000 Beginning inventory, finished goods 50,000 40,000 Cost...
Prepare a condensed cost of goods manufactured schedule for Case 1. Indicate the missing amount. Case...
Prepare a condensed cost of goods manufactured schedule for Case
1.
Indicate the missing amount. Case 1 2 Direct materials used Direct labor Manufacturing overhead Total manufacturing costs 9,789 3581 5,162 8,689 8,934 4,450 23640 16,965 Beginning work in process inventory 1,229 8860 Ending work in process inventory Sales revenue Sales discounts Cost of goods manufactured Beginning finished goods inventory Goods available for sale 7373 3,175 25,093 2,947 17,496 3189 33348 1,840 22,650 4,327 20,685 26977 Cost of goods sold...
Your answer is partially correct. Try again Indicate the missing amount for each letter Case 1...
Your answer is partially correct. Try again Indicate the missing amount for each letter Case 1 2 Direct materials used $9,890 3360 (g) $ Direct labor 5,670 8,450 Manufacturing overhead 8,640 5,100 Total manufacturing costs 24200 16,910 Beginning work in process inventory 1,370 9240 (h) Ending work in process inventory 3,750 7740 |(b) Sales revenue 25,110 29960 Sales discounts 2,770 1,990 17,830 22,400 Cost of goods manufactured Beginning finished goods inventory 3,590 4910 (c) Goods available for sale 22,740 25990...
Indicate the missing amount for each letter. Case $10,010 5.150 8.660 Direct materials used Direct labor...
Indicate the missing amount for each letter. Case $10,010 5.150 8.660 Direct materials used Direct labor Manufacturing overhead Total manufacturing costs Beginning work in process inventory Ending work in process inventory 8,800 4,280 16.780 1.510 3,630 Sales revenue 25,000 2,820 17,980 Sales discounts Cost of goods manufactured Beginning finished goods inventory Goods available for sale 1,710 22.240 4,250 22,370 Cost of goods sold Ending finished goods inventory Gross profit 3,750 (k) 3,270 7,330 Operating expenses 2.930 Net income 5,770 Prepare...
Determine the missing ammounts in each of the following independent cases. Determine the missing amounts in...
Determine the missing ammounts in each of the following
independent cases.
Determine the missing amounts in each of the following independent cases. Case A Case B $ 20,000 Case C $ 15,000 30,000 90,000 100,000 70,000 85,000 95,000 100,000 250,000 520,000 35,000 125,000 160,000 340,000 345,000 20,000 35,000 5,000 350,000 Beginning inventory, raw material Ending inventory, raw material Purchases of raw material Direct material Direct labor Manufacturing overhead Total manufacturing costs Beginning inventory, work in process Ending inventory, work in...
For each case below, find the missing amount. Case I Case II Case III 19,0008,000 Beginning inventory of finished goods Cost of goods manufactured during Ending inventory of finished goods Cost of goods sold 96,000 422,000 93,000 412,000 6,000 26,000 $ 315,000
For each case below, find the missing amount. Casel Case III $ 11,000 Beginning inventory of finished goods Cost of goods manufactured during period Ending inventory of finished goods Cost of goods sold Case Il $ 18,000 98.000 8.000 418,000 95.000 418.000 20.000 319,000 $
Supply the missing data in the following cases. Each case is independent of the others. (Leave no cells blank - be certain to enter "0" wherever required.) Case 1 2 3 1 5,500 $ $ $ $ 7,000 4,000 5,000 6,000 8,000 4 4,000 5,000 10,000 6,000 19,500 3,500 21,000 4,000 5,000 3,500 19,000 25,600 2,000 Direct materials Direct labour Manufacturing overhead Total manufacturing costs Beginning work-in-process inventory Ending work-in-process inventory Cost of goods manufactured Sales Beginning finished goods inventory...
Determine the missing amounts in each of the following independent cases. Case A Case B 92,000 Case C 6,000 31,000 196,000 280,000 220,000 271,000 317,000 380,000 580,000 1,120,000 86,000 70,500 96,000 207,000 1,115,000 76,000 121,000 Beginning inventory, raw material Ending inventory, raw material Purchases of raw material Direct material used Direct labor Manufacturing overhead Total manufacturing costs Beginning inventory, work in process Ending inventory, work in process Cost of goods manufactured Beginning inventory, finished goods Cost of goods available for...
Prepare a condensed cost of goods manufactured schedule for Case
1.
Indicate the missing amount. Case 1 2 Direct materials used Direct labor Manufacturing overhead Total manufacturing costs 9,789 3581 5,162 8,689 8,934 4,450 23640 16,965 Beginning work in process inventory 1,229 8860 Ending work in process inventory Sales revenue Sales discounts Cost of goods manufactured Beginning finished goods inventory Goods available for sale 7373 3,175 25,093 2,947 17,496 3189 33348 1,840 22,650 4,327 20,685 26977 Cost of goods sold...
Your answer is partially correct. Try again Indicate the missing amount for each letter Case 1 2 Direct materials used $9,890 3360 (g) $ Direct labor 5,670 8,450 Manufacturing overhead 8,640 5,100 Total manufacturing costs 24200 16,910 Beginning work in process inventory 1,370 9240 (h) Ending work in process inventory 3,750 7740 |(b) Sales revenue 25,110 29960 Sales discounts 2,770 1,990 17,830 22,400 Cost of goods manufactured Beginning finished goods inventory 3,590 4910 (c) Goods available for sale 22,740 25990...
Indicate the missing amount for each letter. Case $10,010 5.150 8.660 Direct materials used Direct labor Manufacturing overhead Total manufacturing costs Beginning work in process inventory Ending work in process inventory 8,800 4,280 16.780 1.510 3,630 Sales revenue 25,000 2,820 17,980 Sales discounts Cost of goods manufactured Beginning finished goods inventory Goods available for sale 1,710 22.240 4,250 22,370 Cost of goods sold Ending finished goods inventory Gross profit 3,750 (k) 3,270 7,330 Operating expenses 2.930 Net income 5,770 Prepare...
Determine the missing ammounts in each of the following
independent cases.
Determine the missing amounts in each of the following independent cases. Case A Case B $ 20,000 Case C $ 15,000 30,000 90,000 100,000 70,000 85,000 95,000 100,000 250,000 520,000 35,000 125,000 160,000 340,000 345,000 20,000 35,000 5,000 350,000 Beginning inventory, raw material Ending inventory, raw material Purchases of raw material Direct material Direct labor Manufacturing overhead Total manufacturing costs Beginning inventory, work in process Ending inventory, work in...
Most questions answered within 3 hours.
-
Which of the following statements is true regarding the nature
of culture?
A.We are born with...
asked 8 minutes ago -
(a) 2
NO2(g) à 2
NO(g) +
O2(g)
The rate law for this reaction
is 2nd...
asked 11 minutes ago -
Write the overall reaction for the RedOx
reaction (below) when it occurs in an acidic environment....
asked 18 minutes ago -
Two forces are acting on an object. Force 1 on the object is 6.0
N and...
asked 19 minutes ago -
You are planning for retirement. You plan to work for 20 years.
Starting a year from...
asked 32 minutes ago -
The African Adventures exhibit water system holds approximately
850,000 gallons (3.2x109 g) of water. The temperature...
asked 24 minutes ago -
which of the following is capital?
the barn a farmer uses to hold the chickens he...
asked 34 minutes ago -
Attribute
Sample Value
Sample Value
Sample Value
Sample Value
pirate_num
11
22
43
54
pirate_lname
James...
asked 27 minutes ago -
10. Two forces act on a 3 kg object, the gravitational force and
a second, constant...
asked 44 minutes ago -
Dividing Partnership Net Loss
Leigh Meadows and Byron Leef formed a partnership in which the
partnership...
asked 41 minutes ago -
Discuss how Entrepreneurial leadership style differs
from traditional leadership?
asked 1 hour ago -
A futuristic design for a car is to have a large solid
disk-shaped flywheel within the...
asked 1 hour ago