Question

Tuscany, Inc. has compiled the following data: (Click the icon to view the information.) Compute the amount of direct materiaTuscany​, Inc. has compiled the following​ data: Compute the amount of direct materials used.

0 0
Add a comment Improve this question Transcribed image text
Answer #1
Beginning Direct materials      4,100.00
(+) Purchase of direct materials      6,300.00
(+) freight in          400.00
Direct materials available    10,800.00
(-) Ending Direct materials    (1,300.00)
Direct materials used      9,500.00
Add a comment
Know the answer?
Add Answer to:
Tuscany​, Inc. has compiled the following​ data: Compute the amount of direct materials used. Tuscany, Inc....
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • lombardy inc. has compiled the following data.: purchases of direct materials 6300, freight in 800, property...

    lombardy inc. has compiled the following data.: purchases of direct materials 6300, freight in 800, property taxes 1400, ending direct materials 1900, beginning direct materials 3600. compute the amount of direct materials used.

  • Harlequin, Co. has compiled the following data: Purchases of Direct Materials $6,300, Frieght In 225, Property...

    Harlequin, Co. has compiled the following data: Purchases of Direct Materials $6,300, Frieght In 225, Property Taxes 1,150, Ending Direct Materials 1,200, Beginning Direct Materials 3,850. Compute the amount of direct materials used. A. $6,300 B. $10,150 C. $9,175 D. $3,850

  • Given the following information for Go Live Plus, an electronics e-tailer, compute the cost of goods...

    Given the following information for Go Live Plus, an electronics e-tailer, compute the cost of goods sold. : (Click the icon to view the data) A Data Table - X Go Live Plus Cost of Goods Sold Computation Cost of goods sold: Website maintenance ......... $ Delivery expense. Freight-in Import duties......... Purchases Ending inventory .......... Revenues.... Marketing expense Beginning inventory ... 7,000 1,500 3,200 1,900 49,000 6,300 71,000 10,000 3,800 Cost of goods sold Print Done

  • Adams, Inc. has the following cost data for Product X: (Click on the icon to view...

    Adams, Inc. has the following cost data for Product X: (Click on the icon to view the data.) Calculate the unit product cost using absorption costing and variable costing when production is 400 units, 800 units, and 1,600 units a label or enter a zero.) 400 units 800 units 1,600 units Data Table Direct labor Direct materials Direct materials 38 pe Fixed manufacturing overhead Direct labor 50 pe Fixed selling and administrative costs Variable manufacturing overhead 18 pe Variable manufacturing...

  • You are a new accounting intern at Mason Bikes. Your boss gives you the following information...

    You are a new accounting intern at Mason Bikes. Your boss gives you the following information and asks you to compute the cost of direct materials used (assume that the company's raw materials inventory contains only direct materials). 囲(Click the icon to view the information.) Data Table Mason Bikes Calculation of Direct Materials Used Direct materials used 1,300 4,700 1,200 400 600 $16,000 Import duties Beginning raw materials inventory . . . . . . $ Plus Purchases of direct...

  • Consider the following partially completed schedules of cost of goods manufactured. Compute the missing amounts (Click...

    Consider the following partially completed schedules of cost of goods manufactured. Compute the missing amounts (Click the icon to view the schedules.) Jones Inc. Fit Apparel 2,900 Snyder Corp. 40,900 5 35,000 20,900 10,700 10.600 1.200 800 Beginning Work-in-Process Inventory Direct Materials Used Direct Labor Manufacturing Overhead Total Manufacturing Costs incurred during the Year Total Manufacturing Costs to Account For Ending Work in Process Inventory 8,300 (2300) 125 400) Cost of Goods Manufactured Enter any number in the edit fields...

  • i Requirements Compute the total amount of direct materials, direct labor, and manufacturing overhead that should...

    i Requirements Compute the total amount of direct materials, direct labor, and manufacturing overhead that should be shown on Job 310's job cost record. Job 310 consists of six recliners. If each recliner sells for $700, what is the gross profit per recliner? 1. 2. Print Done E3-23A (similar to) Question Help Goldstein Furniture started and finished Job 310 during October. The company's records show that the following direct materials were requisitioned for Job 310: Labor time records show the...

  • You are a new accounting intern at Tru Bikes. Your boss gives you the following information...

    You are a new accounting intern at Tru Bikes. Your boss gives you the following information and asks you to compute the cost of direct materials used (assume that the company's raw materials inventory contains only direct materials). (Click the icon to view the information.) Tru Bikes Calculation of Direct Materials Used Data Table - Direct materials used: Plus: $ $ Import duties Beginning raw materials inventory Ending raw materials inventory Freight in Freight-out Purchases of direct materials 1.100 4,600...

  • E16-21 (similar to) Use the following information for a manufacturer to compute cost of goods manufactured...

    E16-21 (similar to) Use the following information for a manufacturer to compute cost of goods manufactured and cost of goods sold: (Click the icon to view the information.) First, compute cost of goods manufactured. Schedule of Cost of Goods Manufactured Direct Materials Used: Direct Materials Used Total Manufacturing Costs Incurred during the Year Total Manufacturing Costs to Account For Cost of Goods Manufactured i Data Table Balances: Ending $ 32,000 Direct Materials Work-in-Process Inventory Finished Goods Inventory Other information: Beginning...

  • Abbon, Inc. has the following cost data for Product X and unit product cost using absorption...

    Abbon, Inc. has the following cost data for Product X and unit product cost using absorption costing when production is 200 units 500 units and 1 000 units Click on the icon to view the cost data (Click on the icon to view the unit product cost data) Product X sells for $224 per unit Read the requirements Begin by selecting the labels and computing the grous profit for scenario a and the compute the gross profit for scenario bando...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT