Homework Answers
C. $163,000
Unadjusted cost of goods sold = Beginning finished goods inventory + Cost of goods manufactured - Ending finished goods inventory
Unadjusted cost of goods sold = $33,000 + $170,000 - $40,000
Unadjusted cost of goods sold = $163,000
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Gurtner Corporation has provided the following data concerning last month's operations. Cost of goods manufactured Underapplied...
1. Boursaw Corporation has provided the following data concerning last month’s operations. 2. Boursaw Corporation has...
1. Boursaw Corporation has provided the following data
concerning last month’s operations.
2. Boursaw Corporation has provided the following data
concerning last month’s operations.
3. Boursaw Corporation has provided the following data
concerning last month’s operations.
4. Boursaw Corporation has provided the following data
concerning last month’s operations.
$33,000 Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor cost Manufacturing overhead applied to Work in Process Underapplied overhead $ 4,000 $58,000 $78,000 $ 5,000 Beginning Ending Raw...
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchase of raw materials...
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchase of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Underapplied overhead $ 31,000 $ 5,000 $58,400 $ 87,900 $ 4,190 Inventories Raw materials Work in process Finished goods Beginning Ending $11,000 $ 18,300 $ 55,800 $ 66,600 $ 33,000 $ 43,300 Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare a schedule...
Beshaw Inc. has provided the following data for the month of January. There were no beginning...
Beshaw Inc. has provided the following data for the month of January. There were no beginning inventories, consequently, the direct materials, direct labor, and manufacturing overhead applied listed below are all for the current month. Direct materials Direct labor Manufacturing overhead applied Total Cost of Work In Finished Goods Process Goods Sold Total $ 3,440 $ 8,450 $ 61,880 $ 73, 770 6,160 16,250 119,000 141,410 3,300 6,050 45,650 55,000 $12,900 $30,750 $226,530 $270, 180 Manufacturing overhead for the month...
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials...
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Underapplied overhead $30,000 $ 4,500 $59,400 $87,400 $ 4,000 Inventories Raw materials Work in process Finished goods Beginning $ 11,600 $ 54,800 $ 34,100 Ending $ 19,600 $ 68, 700 42,800 Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare a schedule of...
Primare Corporation has provided the following data concerning last month's manufacturing operations. $ 30,000 $ 4,580...
Primare Corporation has provided the following data concerning last month's manufacturing operations. $ 30,000 $ 4,580 $ 59,200 $ 89,000 $ 4,150 Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Underapplied overhead Inventories Beginning $ 10,600 $ 54,500 $ 34,100 Ending $ 19,000 $ 69,800 $ 43,000 Raw materials Work in process Finished goods Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare...
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials...
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Underapplied overhead $ 31,000 $ 4,640 $ 58,200 $ 88,400 $ 4,020 Inventories Beginning Ending Raw materials $11,700 $19,100 Work in $55,800 $68,700 process Finished $34,000 $43,200 goods Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare a schedule of cost of goods...
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials...
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Underapplied overhead $ 30,000 $ 5,000 $ 58,000 $ 87,000 $ 4,000 Inventories Raw materials Work in process Finished goods Beginning Ending $ 12,000 $18,000 $ 56,000 $ 65,000 $ 35,000 $ 42,000 Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare a...
19) Boursaw Corporation has provided the following data concerning last month's operations. Purchases of raw materials...
19) Boursaw Corporation has provided the following data concerning last month's operations. Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor cost Manufacturing overhead applied to Work in Process Underapplied overhead $ 33,000 $ 4,000 $ 58,000 $ 78,000 $ 5,000 Raw materials inventory Work in process inventory Finished goods inventory Beginning Ending $ 10,000 $ 15,000 $ 56,000 $ 72,000 $ 41,000 $ 49,000 Any underapplied or overapplied manufacturing overhead is closed out to cost of...
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials...
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Underapplied overhead $31,000 $ 4,620 $58, 200 $87,200 $ 4,070 Inventories Raw materials Work in process Finished goods Beginning $ 10,000 $ 54,500 $ 34,800 Ending $ 18,700 $ 67,800 $ 42,600 Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare a schedule...
8) Pembroke Corporation has provided the following data concerning last month's operations (4 pts). Cost of...
8) Pembroke Corporation has provided the following data concerning last month's operations (4 pts). Cost of goods manufactured Underapplied overhead Beginning finished goods inventory Ending finished goods inventory $160,000 $5,000 $32,000 $44,000 Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold. Required: Determine the adjusted cost of goods sold for the month. A) $198,000 B) $204,000 C) $153,000 D) $555,000
1. Boursaw Corporation has provided the following data
concerning last month’s operations.
2. Boursaw Corporation has provided the following data
concerning last month’s operations.
3. Boursaw Corporation has provided the following data
concerning last month’s operations.
4. Boursaw Corporation has provided the following data
concerning last month’s operations.
$33,000 Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor cost Manufacturing overhead applied to Work in Process Underapplied overhead $ 4,000 $58,000 $78,000 $ 5,000 Beginning Ending Raw...
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchase of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Underapplied overhead $ 31,000 $ 5,000 $58,400 $ 87,900 $ 4,190 Inventories Raw materials Work in process Finished goods Beginning Ending $11,000 $ 18,300 $ 55,800 $ 66,600 $ 33,000 $ 43,300 Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare a schedule...
Beshaw Inc. has provided the following data for the month of January. There were no beginning inventories, consequently, the direct materials, direct labor, and manufacturing overhead applied listed below are all for the current month. Direct materials Direct labor Manufacturing overhead applied Total Cost of Work In Finished Goods Process Goods Sold Total $ 3,440 $ 8,450 $ 61,880 $ 73, 770 6,160 16,250 119,000 141,410 3,300 6,050 45,650 55,000 $12,900 $30,750 $226,530 $270, 180 Manufacturing overhead for the month...
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Underapplied overhead $30,000 $ 4,500 $59,400 $87,400 $ 4,000 Inventories Raw materials Work in process Finished goods Beginning $ 11,600 $ 54,800 $ 34,100 Ending $ 19,600 $ 68, 700 42,800 Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare a schedule of...
Primare Corporation has provided the following data concerning last month's manufacturing operations. $ 30,000 $ 4,580 $ 59,200 $ 89,000 $ 4,150 Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Underapplied overhead Inventories Beginning $ 10,600 $ 54,500 $ 34,100 Ending $ 19,000 $ 69,800 $ 43,000 Raw materials Work in process Finished goods Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare...
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Underapplied overhead $ 31,000 $ 4,640 $ 58,200 $ 88,400 $ 4,020 Inventories Beginning Ending Raw materials $11,700 $19,100 Work in $55,800 $68,700 process Finished $34,000 $43,200 goods Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare a schedule of cost of goods...
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Underapplied overhead $ 30,000 $ 5,000 $ 58,000 $ 87,000 $ 4,000 Inventories Raw materials Work in process Finished goods Beginning Ending $ 12,000 $18,000 $ 56,000 $ 65,000 $ 35,000 $ 42,000 Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare a...
19) Boursaw Corporation has provided the following data concerning last month's operations. Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor cost Manufacturing overhead applied to Work in Process Underapplied overhead $ 33,000 $ 4,000 $ 58,000 $ 78,000 $ 5,000 Raw materials inventory Work in process inventory Finished goods inventory Beginning Ending $ 10,000 $ 15,000 $ 56,000 $ 72,000 $ 41,000 $ 49,000 Any underapplied or overapplied manufacturing overhead is closed out to cost of...
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Underapplied overhead $31,000 $ 4,620 $58, 200 $87,200 $ 4,070 Inventories Raw materials Work in process Finished goods Beginning $ 10,000 $ 54,500 $ 34,800 Ending $ 18,700 $ 67,800 $ 42,600 Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare a schedule...
8) Pembroke Corporation has provided the following data concerning last month's operations (4 pts). Cost of goods manufactured Underapplied overhead Beginning finished goods inventory Ending finished goods inventory $160,000 $5,000 $32,000 $44,000 Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold. Required: Determine the adjusted cost of goods sold for the month. A) $198,000 B) $204,000 C) $153,000 D) $555,000
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