The correct answer is a) $ 1320000
Explanation
Total raw material available
= beginning inventory + purchases
= $ 760000 + $ 560000
= $ 1320000
31) Linda Company's accounting records reflect the following inventories: Dec. 31, 2020 Dec. 31, 2019 Raw...
Alpha Company's accounting records reflect the following inventories: Dec. 31, 2020 $310,000 300,000 190,000 32) Dec. 31, 2019 $260,000 160,000 150,000 Raw materials inventory Work in process inventory Finished goods inventory During 2020, $800,000 of raw materials were purchased, direct labor costs amounted to $670,000, and manufacturing overhead incurred was $640,000. Alpha Company's total manufacturing costs incurred in 2020 amounted to a. $2,060,000. b. $2,020,000. c. $1,920,000. d. $2,110,000 Sky Company's accounting records reflect the following inventories: Dec. 31, 2020...
8/9 i dont understand Manufacturing Company's accounting records reflect the following inventories: Dec 31, 2011 Dec 31, 2010 $260.000 Raw materials inventory $310,000 Work in process inventory 300,000 160,000 Finished goods inventory 190,000 150,000 During 2011, 5400,000 of raw materials were purchased, direct labor costs amounted to 300,000, and manufacturing overhead incurred was $480,000. The total raw materials available for use during 2011 for Dolan Manufacturing Company is a. $710,000 b. $260,000. c. $350,000 d. $660,000. 9. Dolan Manufacturing Company's...
Pacific Company's accounting records reflect the following inventories: 2. Dec. 31 2017 $310,000 300,000 190,000 Dec. 31, 2016 $260,000 160,000 150,000 Raw materials inventory Work in process inventory Finished goods inventory During 2017, $800,000 of raw materials were purchased, direct labor costs amounted to $670,000, and manufacturing overhead incurred was $640,000. The total raw materials available for use during 2017 for Pacific Company is
I have tried: $2,070,000; 2,220,000; 2,460,000; 2,360,000; 1,920,000 Nolan Company's accounting records reflect the following inventories: Dec. 31, 2020 Dec. 31, 2019 $310,000 $260,000 Raw materials inventory Work in process inventory Finished goods inventory 300,000 160,000 190,000 150,000 During 2020, $800,000 of raw materials were purchased, direct labor costs amounted to $670,000, and manufacturing overhead incurred was $640,000. How much did Nolan Company's total manufacturing costs incurred in 2020 amount to? Do not enter any commas, dollar signs or decimals....
Roprin Corp. accounting records reflect the following inventories: Raw material inventory for Dec 31, 2007 $260,000 Raw material inventory for Dec 31, 2008 $310,000 WIP Inventory for Dec 31, 2007 $160,000 WIP Inventory for Dec 31, 2008 $300,000 Finished Goods inventory for Dec 31, 2007 $150,000 Finished Goods inventory for Dec 31, 2008 $190,000 During 2008, $500,000 of raw materials were purchased, direct labor costs amounted to $600,000, and manufacturing overhead incurred was $480,000. The total raw materials available for...
Dolan Company's accounting records reflect the following nventories: Dec. 31, 2020 Jan. 1, 2020 Raw materials inventory 328,000 254,200 292,600 171,000 Work in process inventory Finished goods inventory 181,000 165,300 During 2020, $785,000 of raw materials were purchased, direct abor costs amounted to $553,000, and manufacturing overhead ncurred was $666,000. Cost of goods manufactured during 2020 for Dolan Company is
Crane Company's accounting records reflect the following inventories: Dec. 31, 2020 Dec. 31, 2019 Raw materials inventory $210000 $160000 Work in process inventory 300000 160000 Finished goods inventory 190000 150000 During 2020, $700000 of raw materials were purchased, direct labor costs amounted to $670000, and manufacturing overhead incurred was $640000. The total raw materials available for use during 2020 for Crane Company is $910000. $650000. $860000. $560000.
Sunland Company's accounting records reflect the following inventories: Dec. 31, 2020 Dec. 31, 2019 $310000 $260000 Raw materials inventory Work in process inventory Finished goods inventory 300000 160000 190000 150000 During 2020, $620000 of raw materials were purchased, direct labor costs amounted to $567800, and manufacturing overhead incurred was $480000. If Sunland Company's cost of goods manufactured for 2020 amounted to $1477800, its cost of goods sold for the year is $1587800. $1517800. $1337800. $1437800.
Concord Corporation's accounting records reflect the following inventories: Dec. 31, 2020 Dec. 31, 2019 Raw materials inventory $310000 $260000 Work in process inventory 300000 160000 Finished goods inventory 190000 150000 During 2020, $720000 of raw materials were purchased, direct labor costs amounted to $751500, and manufacturing overhead incurred was $768000. If Concord Corporation's cost of goods manufactured for 2020 amounted to $2049500, its cost of goods sold for the year is $2009500. $1909500. $2089500. $2159500.
Bonita Industries's accounting records reflect the following inventories: Dec 31, 2020 Dec 31, 2019 Raw materials $260000 inventory $210000 Work in process 300000 160000 inventory Finished goods 190000 150000 inventory During 2020. $750000 of raw materials were purchased, direct labor costs amounted to $670000, and manufacturing overhead incurred was $640000 Bonita Industries's total manufacturing costs incurred in 2020 amounted to $2010000 O $1870000 $1970000. $2060000 Current Attempt in Progress Waterway Industries reported the following year-end information: $1080000 Beginning work in...