Schedule of cost of goods manufactured
Beginning work in process | 0 | ||
Direct material used | |||
Beginning direct material | 10000 | ||
Material purchase | 17000 | ||
Material available for use | 27000 | ||
Less; Ending material | -9500 | ||
Direct material used | 17500 | ||
Direct labor | 0 | ||
Manufacturing overhead | |||
Plant janitorial service | 600 | ||
Utilities for plant | 14000 | ||
Total manufacturing overhead | 14600 | ||
Total Manufacturing cost | 32100 | ||
Total Cost of work in process | 32100 | ||
Less: Ending work in process | -23000 | ||
Cost of goods manufactured | 9100 |
P i Data Table following manufacturing costs: (Click the icon to view the manufacturing co Beginning...
Consider the following account balances (in thousands) for the Peterson Company: (Click the icon to view the account balances.) Requirements 1. Prepare a schedule for the cost of goods manufactured for 2017. 2. Revenues for 2017 were $275 million. Prepare the income statement for 2017. Requirement 1. Prepare a schedule for the cost of goods manufactured for 2017 Begin by preparing the schedule of cost of goods manufactured (in thousands). Start with the direct materials and labor costs, then indirect...
i Data Table Beginning Ending co Inventory balances: Work-in-Process Finished Goods Other information: Sales Revenue Selling and Administrative Expenses Direct Labor Manufacturing Overhead, actual and allocated Direct Materials Used ods N Print Done many list or enter any number in the input fields and then click Check Answer Clear All Check Answer Stewart Company has the following information for the year ended December 31, 2018 Click the icon to view the information.) Use the information to prepare a schedule of...
ods Manufactured nber 31, 2019 ns) Direct Materials, January 1 Direct Materials, December 31 Work-in-Process Inventory, January 1 Work-in-Process Inventory, December 31 Finished Goods Inventory, January 1 Finished Goods Inventory, December 31 Direct Materials Purchased, including Freight In Direct Labor Manufacturing Overhead Print Done elds and then continue to the next question. 12. QRS Manufacturing Company has the following data for 2019 (amounts in milions): Click the icon to view the information) Prepare the schedule of cost of goods manufactured...
wing manufacturing costs: er boxes. Enter a "O" for any zero balances.) Data Table Inventories: Raw Materials Work-in-Process Finished Goods Other information: Raw materials purchases Plant janitorial services Sales salaries expense Delivery expense Sales revenue Utilities for plant Rent on plant Customer service hotline costs Direct labor BeginningEnding S 10,500 9.700 16,000 33,000 21,000 1,000 11,000 1,800 1.200.000 12000 13,000 17,000 180,000 Print Done D Do machael mccabe - Google Chrome 을 https://www.mathxl.com/Student PlayerHomework aspx?homeworkId:512043875&questionid-4&flushed-fal ACC350 SP19 ETR700A Homework: Topic...
End of 2017 Beginning of 2017 28,000 24,000 16,000 Benesch Company Direct materials inventory Work-in-process inventory Finished-goods inventory Purchases of direct materials Direct manufacturing labor Indirect manufacturing labor Plant insurance Depreciation-plant, building, and equipment Repairs and maintenance-plant Marketing, distribution, and customer service costs General and administrative costs 29,000 21,000 20,000 79,000 22,000 14,000 8,000 15,000 5,000 98,000 23,000 Consider the following account balances (in thousands) for the Benesch Company B Click the icon to view the account balances.) Requirements 1....
The following information is also available for 2020: (Click the icon to view the additional information.) Huckvale Corporation manufactures custom cabinets for kitchens. It uses a normal-costing system with two direct cost categories—direct materials and direct manufacturing labor-and go indirect control manufacturing cuachand costs. It provi (Click the i Data Table X ons are not Present the required.) $ 40,000 59,000 $ $ 2,000 $ (a) $ Actual direct materials used Actual direct manufacturing labor costs paid in cash Indirect...
w the loowing account balances in thousands for the Shay Corporation (Click the loon to view the account balances) Requirements 1. Prepare a schedule for the cost of goods manufactured for 2017 2. Revenues in thousands for 2017 were 500.000 Prepare the one stems for 2017 Requirement 1. Prepare a schedule for the cost of goods manufactured for 2017 Start with the direct materials and labor costs, the manufacturing overhead costs, and complete the schedule by calling cost of goods...
Nis question: 25 pts 1 of 4 (0 complete This Test: 100 pt Natural Bones manufactures its own brand of pet chew bones. At the end of December 2018, the accounting records showed the following: (Click the icon to view account balances.) !!! (Click the icon to view other information.) Read the requirements Requirement 1. Prepare a schedule of cost of goods manufactured for Natural Bones for the year ended December 31, 2018. (For accounts with a $0 balanco, sure...
Accounting
Charlie Manufacturing Company. Certain item descriptions and amounts are missing from the monthly schedule of cost of goods manufactured and income statement B Click the icon to view the schedule of cost of goods manufactured.) (Click the icon to view the income statement.) Fill in the blanks with the missing words, and replace the Xs with the correct amounts. First we will fill in the missing information on the schedule of cost goods manufactured. Select the heading, then complete...
1 Data Table Neal Company Beginning of 2017 23,000 24,000 10,000 Direct materials inventory Work-in-process inventory Finished-goods inventory Purchases of direct materials Direct manufacturing labor Indirect manufacturing labor Plant insurance End of 2017 25,000 21,000 22,000 76,000 20,000 17,000 6,000 16,000 3,000 90,000 27,000 Depreciation-plant, building, and equipment Repairs and maintenance-plant Marketing, distribution, and customer-service costs General and administrative costs Print Done Consider the following account balances in thousands) for the Neal Company (Click the icon to view the account...