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Jasper, Inc. reports the following cost information for March. What is the cost of goods sold...
Jasper, Inc. reports the following cost information for March Cost of Goods Manufactured $74,500 Manufacturing Overhead...
Jasper, Inc. reports the following cost information for March Cost of Goods Manufactured $74,500 Manufacturing Overhead 18,900 Finished Goods Inventory, March 1 5,000 Finished Goods Inventory, March 31 3,000 Work-in-Process Inventory, March 1 9,900 Work-in-Process Inventory, March 31 1,100 Direct Materials Used 26,600 What is the cost of goods sold for March? O A. $72,500 OB. $76,500 O C. $2,200 OD. $79,500
ZITZUZU 4. Beckett, Inc. reports the following cost information for March: Cost of Goods Manufactured $72,000...
ZITZUZU 4. Beckett, Inc. reports the following cost information for March: Cost of Goods Manufactured $72,000 Manufacturing Overhead 18,800 Finished Goods Inventory, March 1 3,000 Finished Goods Inventory, March 31 2,000 Work-in-Process Inventory, March 1 9,600 Work-in-Process Inventory, March 31 1,300 Direct Materials Used 25,210 What is the amount of direct labor incurred by Beckett, Inc. in March? O A. $63,700 OB. $19,690 O c. $6,410 OD. $72,000
Cost of Goods Sold, Cost of Goods Manufactured Timbuk 3 Company has the following information for...
Cost of Goods Sold, Cost of Goods Manufactured Timbuk 3 Company has the following information for March: $21,000 54,250 35,000 Cost of direct materials used in production Direct labor Factory overhead Work in process inventory, March 1 Work in process inventory, March 31 Finished goods inventory, March 1 Finished goods inventory, March 31 87,500 92,750 36,750 42,000 a. For March, determine the cost of goods manufactured. Using the data given, prepare a statement of Cost of Goods Manufactured. Timbuk 3...
eBook Cost of Goods Sold, Cost of Goods Manufactured Timbuk 3 Company has the following information...
eBook Cost of Goods Sold, Cost of Goods Manufactured Timbuk 3 Company has the following information for March: Cost of direct materials used in production$36,000 Direct labor Factory overhead Work in process inventory, March 1 Work in process inventory, March 31 Finished goods inventory, March 1 Finished goods inventory, March 31 45,000 37,000 27,000 36,250 24,000 17,000 a. For March, determine the cost of goods manufactured. Using the data given, prepare a statement of Cost of Goods Manufactured. Timbuk 3...
Cost of Goods Sold, Cost of Goods Manufactured Timbuk 3 Company has the following information for...
Cost of Goods Sold, Cost of Goods Manufactured Timbuk 3 Company has the following information for March: Cost of direct materials used in production $21,000 Direct labor 54,250 Factory overhead 35,000 Work in process inventory, March 1 87,500 Work in process inventory, March 31 92,750 Finished goods inventory, March 1 36,750 Finished goods inventory, March 31 42,000 a. For March, determine the cost of goods manufactured. Using the data given, prepare a statement of Cost of Goods Manufactured. Timbuk 3...
Cost of Goods Sold, Cost of Goods Manufactured Timbuk 3 Company has the following information for...
Cost of Goods Sold, Cost of Goods Manufactured Timbuk 3 Company has the following information for March: Cost of direct materials used in production $21,000 Direct labor 54,250 Factory overhead 35,000 87,500 Work in process inventory, March 1 Work in process inventory, March 31 Finished goods inventory, March 1 92,750 36,750 Finished goods inventory, March 31 42,000 a. For March, determine the cost of goods manufactured. Using the data given, prepare a statement of Cost of Goods Manufactured. Timbuk 3...
3) XO, Inc. reports the following cost information for March ost of Goods Manufactured anufacturing Overhead...
3) XO, Inc. reports the following cost information for March ost of Goods Manufactured anufacturing Overhead inished Goods Inventory, March 1 inished Goods Inventory, March 31 ork-in-Process Inventory, March 1 Vork-in-Process Inventorv, March 31 irect Materials Used 74,000 18,300 5000 880 1220 25,950 What is the amount of direct labor incurred by XO in March? C) $7650 A) $74,000 B) $21,090 D) $65,340
Cost of goods sold statement; unit cost The records of Reinecke, Inc., show the following information...
Cost of goods sold statement; unit cost The records of Reinecke, Inc., show the following information as of march 31, 19B Material used…………………………………………………………………………………………….. $193,000 Direct labor…………………………………………………………………………………………….. …. 290,000 Indirect labor………………………………………………………………………………………………. 46,000 Light and power…………………………………………………………………………………………. 4,260 Depreciation………………………………………………………………………………………………. 4,700 Repairs to machinery………………………………………………………………………………….. 5,800 Miscellaneous factory overhead………………………………………………………………… 29,000 Work in process inventory, April 1,19A……………………………………………………….. 41,200 Finished goods inventory, April 1,19A…………………………………………………………. 34,300 Work in process inventory March 31, 19B…………………………………………………… 42,500 Finished goods inventory March 31, 19B………………………………………………………. 31,500 During the year, 18, 000 units were...
Blazing Bike reports the following data for its first year of operation. Work in process inventory,...
Blazing Bike reports the following data for its first year of operation. Work in process inventory, beginning Work in process inventory, ending Manufacturing overhead Direct materials used Direct Labor Finished goods inventory, beginning Finished goods inventory, ending Cost of goods manufactured $0 50,800 25,600 7,100 60,000 0 21,000 41,900 What are the total manufacturing costs to account for? O A. $92,700 B. $2,800 O c. $74,600 OD. $41,900
The Zoe Corporation has the following information for the month of March. Prepare the following...
The Zoe Corporation has the following information for the month of March. Prepare the following schedules:1) schedule of cost of goods manufactured2) an income statement for the month ended March 313) the inventory section only of the balance sheetPurchases $92,000Materials inventory, March 1 6,000Materials inventory, March 31 8,000Direct labor 25,000Factory overhead 37,000Work in process, March 1 22,000Work in process, March 31 18,500Finished goods inventory, March 1 21,000Finished goods inventory, March 31 25,000Sales 257,000Sales and administrative expenses 79,000
Jasper, Inc. reports the following cost information for March Cost of Goods Manufactured $74,500 Manufacturing Overhead 18,900 Finished Goods Inventory, March 1 5,000 Finished Goods Inventory, March 31 3,000 Work-in-Process Inventory, March 1 9,900 Work-in-Process Inventory, March 31 1,100 Direct Materials Used 26,600 What is the cost of goods sold for March? O A. $72,500 OB. $76,500 O C. $2,200 OD. $79,500
ZITZUZU 4. Beckett, Inc. reports the following cost information for March: Cost of Goods Manufactured $72,000 Manufacturing Overhead 18,800 Finished Goods Inventory, March 1 3,000 Finished Goods Inventory, March 31 2,000 Work-in-Process Inventory, March 1 9,600 Work-in-Process Inventory, March 31 1,300 Direct Materials Used 25,210 What is the amount of direct labor incurred by Beckett, Inc. in March? O A. $63,700 OB. $19,690 O c. $6,410 OD. $72,000
Cost of Goods Sold, Cost of Goods Manufactured Timbuk 3 Company has the following information for March: $21,000 54,250 35,000 Cost of direct materials used in production Direct labor Factory overhead Work in process inventory, March 1 Work in process inventory, March 31 Finished goods inventory, March 1 Finished goods inventory, March 31 87,500 92,750 36,750 42,000 a. For March, determine the cost of goods manufactured. Using the data given, prepare a statement of Cost of Goods Manufactured. Timbuk 3...
eBook Cost of Goods Sold, Cost of Goods Manufactured Timbuk 3 Company has the following information for March: Cost of direct materials used in production$36,000 Direct labor Factory overhead Work in process inventory, March 1 Work in process inventory, March 31 Finished goods inventory, March 1 Finished goods inventory, March 31 45,000 37,000 27,000 36,250 24,000 17,000 a. For March, determine the cost of goods manufactured. Using the data given, prepare a statement of Cost of Goods Manufactured. Timbuk 3...
Cost of Goods Sold, Cost of Goods Manufactured Timbuk 3 Company has the following information for March: Cost of direct materials used in production $21,000 Direct labor 54,250 Factory overhead 35,000 Work in process inventory, March 1 87,500 Work in process inventory, March 31 92,750 Finished goods inventory, March 1 36,750 Finished goods inventory, March 31 42,000 a. For March, determine the cost of goods manufactured. Using the data given, prepare a statement of Cost of Goods Manufactured. Timbuk 3...
Cost of Goods Sold, Cost of Goods Manufactured Timbuk 3 Company has the following information for March: Cost of direct materials used in production $21,000 Direct labor 54,250 Factory overhead 35,000 87,500 Work in process inventory, March 1 Work in process inventory, March 31 Finished goods inventory, March 1 92,750 36,750 Finished goods inventory, March 31 42,000 a. For March, determine the cost of goods manufactured. Using the data given, prepare a statement of Cost of Goods Manufactured. Timbuk 3...
3) XO, Inc. reports the following cost information for March ost of Goods Manufactured anufacturing Overhead inished Goods Inventory, March 1 inished Goods Inventory, March 31 ork-in-Process Inventory, March 1 Vork-in-Process Inventorv, March 31 irect Materials Used 74,000 18,300 5000 880 1220 25,950 What is the amount of direct labor incurred by XO in March? C) $7650 A) $74,000 B) $21,090 D) $65,340
Blazing Bike reports the following data for its first year of operation. Work in process inventory, beginning Work in process inventory, ending Manufacturing overhead Direct materials used Direct Labor Finished goods inventory, beginning Finished goods inventory, ending Cost of goods manufactured $0 50,800 25,600 7,100 60,000 0 21,000 41,900 What are the total manufacturing costs to account for? O A. $92,700 B. $2,800 O c. $74,600 OD. $41,900
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