Homework Answers
| Bosswell Inc | Laura Bakery | Fir Apparel | |
| Beginning Work In Progress inventory | $ 10,400 | $ 40,800 | $ 2,600 |
| Direct Maerials used | $ 14,600 | $ 35,100 | $ 3,600 |
| Direct Labor | $ 10,000 | $ 20,700 | $ 1,900 |
| Manufacturing Overhead | $ 20,600 | $ 10,200 | $ 100 |
| Total Manufacturing Cost Incurred During The Year | $ 45,200 | $ 66,000 | $ 5,600 |
| Total Manufacturing Cost To Account For | $ 55,600 | $ 1,06,800 | $ 8,200 |
| Ending Work In Progress | $ -4,400 | $ -25,800 | $ -2,800 |
| Cost Of Goods Manufactured | $ 51,200 | $ 81,000 | $ 5,400 |
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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...
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...
E16-19 (book/static) Consider the following partially completed schedules of cost of goods manufactured. Compute the missing...
E16-19 (book/static) Consider the following partially completed schedules of cost of goods manufactured. Compute the missing amounts. !!! (Click the icon to view the schedules.) Banner, Inc. Beginning Work-in-Process Inventory Direct Materials Used 14,400 10,300 Direct Labor Question Viewer 45,200 Manufacturing Overhead Total Manufacturing Costs Incurred during the Year Total Manufacturing Costs to Account For Ending Work-in-Process Inventory 55,400 Enter any number in the edit fields and then click Check Answer Clear All 2 parts remaining e search Data Table...
Consider the following partially completed schedules of cost of goods manufactured. Compute the missing out Click...
Consider the following partially completed schedules of cost of goods manufactured. Compute the missing out Click the icon to view the schedules) Data Table Jones Inc Snyder Corp Lot tupply s 40,500 5 2.600 14.500 35,100 10,500 20.300 1400 10.400 200 Jonesine Snyder Corp Lee Supply 2.800 $ S 54.500 10.900 40.500 5 35,500 ol 20.300 1100 Beginning Work in Process inventory Direct Materials Used Direct Labor Marutacturing Overhead Total Manufacturing Cols incurred during the Year Total Manufacturing Contato Account...
Consider the following partially completed schedules of cost of goods manufactured. Compute the missing amounts. E...
Consider the following partially completed schedules of cost of goods manufactured. Compute the missing amounts. E (Click the icon to view the schedules.) Data Table Jones Inc. Beginning Work-in-Process Inventory Direct Materials Used 14,100 Lee Supply Jones Inc. Flynt Corp. Direct Labor 10,000 (a) $ Beginning Work-in-Process Inventory 40,200 $ 2,300 Manufacturing Overhead Direct Materials Used 14,100 35,000 (g) Total Manufacturing Costs Incurred Direct Labor 10,000 20,800 1,800 44,400 during the Year (b) 10,400 300 Manufacturing Overhead Total Manufacturing Costs...
Consider the following partially completed income statements for merchandising companies and compute the missing amounts: (Click...
Consider the following partially completed income statements for merchandising companies and compute the missing amounts: (Click the icon to view the Income Statements.) Data Table Fit Apparel Laura's Bakery $ 99,000 Fit Apparel Laura's Bakery 99,000 32,000 $ (d) 48,000 Net Sales Revenue Cost of Goods Sold: Beginning Merchandise Inventory Purchases and Freight In Cost of Goods Available for Sale Ending Merchandise Inventory Cost of Goods Sold Gross Profit Selling and Administrative Expenses Net Sales Revenue Cost of Goods Sold:...
partly comp Click the icon to view the schedules) i les of cost of goods manufactured...
partly comp Click the icon to view the schedules) i les of cost of goods manufactured Compute the missing amounts. Snyder Corp. 10.400 Rustic Gear Fit Apparel 2500 3000 0 Data Table 14.500 10.700 20.000 35.900 20.200 10 BCO Snyder Corp Rustic Gear Apparel 002005 Beginning Wor c es wory Direct Materials Used Direct Labor Manufacturing Overhead Total Manufacturing Costs incurred during the Year Total Monutacturing Contato Account For Ending withoces bottory Cost of Good Manufactured 45300 60p 1600 10,700...
Compute a predetermined overhead rate. Prepare schedules of cost of goods manufactured and cost of goods...
Compute a predetermined overhead rate.
Prepare schedules of cost of goods manufactured and cost of
goods sold and an income statement.
Compute underapplied or overapplied overhead cost and prepare
the journal entry to close the balance in Manufacturing Overhead to
the appropriate accounts.
Says 'all answers must be entered as a formula'
1. Compute a predetermined overhead rate. 2. Prepare schedules of cost of goods manufactured and cost of goods sold and an income statement. 3. Compute underapplied or overapplied...
Exercise 3-3 Schedules of Cost of Goods Manufactured and Cost of Goods Sold [LO3-3] Primare Corporation...
Exercise 3-3 Schedules of Cost of Goods Manufactured and Cost of Goods Sold [LO3-3] 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 Under applied overhead $30,000 $ 4,800 $59,500 $88, 400 $ 4.050 Inventories Raw materials Vork in process Finished goods Beginning $ 10.200 $ 54,200 $ 33,800 Ending $ 19.700 $ 66.800 $43.600 Required: 1. Prepare...
Exercise 3-3 (Algo) Schedules of Cost of Goods Manufactured and Cost of Goods Sold (LO3-3] Primare...
Exercise 3-3 (Algo) Schedules of Cost of Goods Manufactured and Cost of Goods Sold (LO3-3] Primare Corporation has provided the following date concerning last month's manufacturing operations. Purchases of raw materials Indirect materials used in production Direct labor Manufacturing overhead applied to work in process Underapplied overhead $31,600 $ 4,950 $59,400 $87,200 $ 4,160 Inventories Raw materials Work in process Finished goods Beginning $ 10,400 $ 55,600 $ 34,400 Ending $ 19,600 $ 67,000 $ 42,500 Required: 1. Prepare a...
Exercise 3-3 Schedules of Cost of Goods Manufactured and Cost of Goods Sold [LO3-3] Primare Corporation...
Exercise 3-3 Schedules of Cost of Goods Manufactured and Cost of Goods Sold [LO3-3] 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 $32,000 $ 4,860 $58,900 $88,000 $ 4,100 Inventories Raw materials Work in process Finished goods Beginning $ 10,200 $ 54,000 $ 33,200 $ 33,200 Ending $ 18,300 $ 65,400 $ 43,700 Required: 1....
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...
E16-19 (book/static) Consider the following partially completed schedules of cost of goods manufactured. Compute the missing amounts. !!! (Click the icon to view the schedules.) Banner, Inc. Beginning Work-in-Process Inventory Direct Materials Used 14,400 10,300 Direct Labor Question Viewer 45,200 Manufacturing Overhead Total Manufacturing Costs Incurred during the Year Total Manufacturing Costs to Account For Ending Work-in-Process Inventory 55,400 Enter any number in the edit fields and then click Check Answer Clear All 2 parts remaining e search Data Table...
Consider the following partially completed schedules of cost of goods manufactured. Compute the missing out Click the icon to view the schedules) Data Table Jones Inc Snyder Corp Lot tupply s 40,500 5 2.600 14.500 35,100 10,500 20.300 1400 10.400 200 Jonesine Snyder Corp Lee Supply 2.800 $ S 54.500 10.900 40.500 5 35,500 ol 20.300 1100 Beginning Work in Process inventory Direct Materials Used Direct Labor Marutacturing Overhead Total Manufacturing Cols incurred during the Year Total Manufacturing Contato Account...
Consider the following partially completed schedules of cost of goods manufactured. Compute the missing amounts. E (Click the icon to view the schedules.) Data Table Jones Inc. Beginning Work-in-Process Inventory Direct Materials Used 14,100 Lee Supply Jones Inc. Flynt Corp. Direct Labor 10,000 (a) $ Beginning Work-in-Process Inventory 40,200 $ 2,300 Manufacturing Overhead Direct Materials Used 14,100 35,000 (g) Total Manufacturing Costs Incurred Direct Labor 10,000 20,800 1,800 44,400 during the Year (b) 10,400 300 Manufacturing Overhead Total Manufacturing Costs...
Consider the following partially completed income statements for merchandising companies and compute the missing amounts: (Click the icon to view the Income Statements.) Data Table Fit Apparel Laura's Bakery $ 99,000 Fit Apparel Laura's Bakery 99,000 32,000 $ (d) 48,000 Net Sales Revenue Cost of Goods Sold: Beginning Merchandise Inventory Purchases and Freight In Cost of Goods Available for Sale Ending Merchandise Inventory Cost of Goods Sold Gross Profit Selling and Administrative Expenses Net Sales Revenue Cost of Goods Sold:...
partly comp Click the icon to view the schedules) i les of cost of goods manufactured Compute the missing amounts. Snyder Corp. 10.400 Rustic Gear Fit Apparel 2500 3000 0 Data Table 14.500 10.700 20.000 35.900 20.200 10 BCO Snyder Corp Rustic Gear Apparel 002005 Beginning Wor c es wory Direct Materials Used Direct Labor Manufacturing Overhead Total Manufacturing Costs incurred during the Year Total Monutacturing Contato Account For Ending withoces bottory Cost of Good Manufactured 45300 60p 1600 10,700...
Compute a predetermined overhead rate.
Prepare schedules of cost of goods manufactured and cost of
goods sold and an income statement.
Compute underapplied or overapplied overhead cost and prepare
the journal entry to close the balance in Manufacturing Overhead to
the appropriate accounts.
Says 'all answers must be entered as a formula'
1. Compute a predetermined overhead rate. 2. Prepare schedules of cost of goods manufactured and cost of goods sold and an income statement. 3. Compute underapplied or overapplied...
Exercise 3-3 Schedules of Cost of Goods Manufactured and Cost of Goods Sold [LO3-3] 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 Under applied overhead $30,000 $ 4,800 $59,500 $88, 400 $ 4.050 Inventories Raw materials Vork in process Finished goods Beginning $ 10.200 $ 54,200 $ 33,800 Ending $ 19.700 $ 66.800 $43.600 Required: 1. Prepare...
Exercise 3-3 (Algo) Schedules of Cost of Goods Manufactured and Cost of Goods Sold (LO3-3] Primare Corporation has provided the following date concerning last month's manufacturing operations. Purchases of raw materials Indirect materials used in production Direct labor Manufacturing overhead applied to work in process Underapplied overhead $31,600 $ 4,950 $59,400 $87,200 $ 4,160 Inventories Raw materials Work in process Finished goods Beginning $ 10,400 $ 55,600 $ 34,400 Ending $ 19,600 $ 67,000 $ 42,500 Required: 1. Prepare a...
Exercise 3-3 Schedules of Cost of Goods Manufactured and Cost of Goods Sold [LO3-3] 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 $32,000 $ 4,860 $58,900 $88,000 $ 4,100 Inventories Raw materials Work in process Finished goods Beginning $ 10,200 $ 54,000 $ 33,200 $ 33,200 Ending $ 18,300 $ 65,400 $ 43,700 Required: 1....
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