Homework Answers
|
Cost of goods manufactured |
|
|
Particulars |
Amount ($) |
|
Materials used in product |
124,700 |
|
Labor costs of assembly-line workers |
111,600 |
|
Factory overheads |
|
|
Depreciation on plant |
68,800 |
|
Property taxes on plant |
22,700 |
|
Factory supplies used |
25,300 |
|
Add Beginning WIP |
14,200 |
|
Less: Ending WIP |
(16,800) |
|
Cost of goods manufactured |
$350,500 |
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Lopez Corporation incurred the following costs while manufacturing its product. Materials used in product $124,700 Advertising...
Lopez Corporation incurred the following costs while manufacturing its product. Materials used in product $122,200 Advertising...
Lopez Corporation incurred the following costs while manufacturing its product. Materials used in product $122,200 Advertising expense $49,900 Depreciation on plant 69,200 Property taxes on plant 17,600 Property taxes on store 8,590 Delivery expense 28,300 Labor costs of assembly-line workers 113,100 Sales commissions 44,400 Factory supplies used 34,000 Salaries paid to sales clerks 51,300 Work in process inventory was $13,300 at January 1 and $17,200 at December 31. Finished goods inventory was $68,800 at January 1 and $47,900 at December...
Lopez Corporation incurred the following costs while manufacturing its product. Materials used in product $121,000 Advertising...
Lopez Corporation incurred the following costs while
manufacturing its product.
Materials used in product
$121,000
Advertising expense
$46,000
Depreciation on plant
61,000
Property taxes on plant
15,000
Property taxes on store
7,600
Delivery expense
22,000
Labor costs of assembly-line workers
111,000
Sales commissions
36,000
Factory supplies used
24,000
Salaries paid to sales clerks
51,000
Work in process inventory was $13,000 at January 1 and $16,600 at
December 31. Finished goods inventory was $61,000 at January 1 and
$45,700 at December...
Lopez Corporation incurred the following costs while manufacturing its product. Materials used in product $130,000 Advertising...
Lopez Corporation incurred the following costs while
manufacturing its product.
Materials used in product
$130,000
Advertising expense
$46,100
Depreciation on plant
64,500
Property taxes on plant
20,000
Property taxes on store
7,600
Delivery expense
26,800
Labor costs of assembly-line workers
120,900
Sales commissions
39,300
Factory supplies used
32,600
Salaries paid to sales clerks
54,900
Work in process inventory was $14,000 at January 1 and $16,700 at
December 31. Finished goods inventory was $61,800 at January 1 and
$49,800 at December...
Lopez Corporation incurred the following costs while manufacturing its product. Materials used in product $121,000 Advertising...
Lopez Corporation incurred the following costs while
manufacturing its product.
Materials used in product
$121,000
Advertising expense
$46,000
Depreciation on plant
61,000
Property taxes on plant
15,000
Property taxes on store
7,600
Delivery expense
22,000
Labor costs of assembly-line workers
111,000
Sales commissions
36,000
Factory supplies used
24,000
Salaries paid to sales clerks
51,000
Work in process inventory was $13,000 at January 1 and $16,600 at
December 31. Finished goods inventory was $61,000 at January 1 and
$45,700 at December...
Lopez Corporation incurred the following costs while manufacturing its product. Materials used in product Depreciation on...
Lopez Corporation incurred the following costs while manufacturing its product. Materials used in product Depreciation on plant Property taxes on store Labor costs of assembly-line workers Factory supplies used $126,400 Advertising expense 61,000 Property taxes on plant 7,650 Delivery expense 113,500 Sales commissions 29,300 Salaries paid to sales clerks $54,100 21,800 27,300 38,400 55,400 Work in process inventory was $14,600 at January 1 and $16,700 at December 31. Finished goods inventory was $70,900 at January 1 and $49,100 at December...
Question 1 Lopez Corporation incurred the following costs while manufacturing its product. Materials used in product...
Question 1 Lopez Corporation incurred the following costs while manufacturing its product. Materials used in product Depreciation on plant Property taxes on store Labor costs of assembly-line workers Factory supplies used $130,300 Advertising expense $55,200 24,300 26,100 38,100 59,300 62,500 Property taxes on plant 8,270 Delivery expense 116,100 Sales commissions 34,000 Salaries paid to sales clerks Work in process inventory was $14,400 at January 1 and $17,600 at December 31. Finished goods inventory was $61,100 at January 1 and $48,500...
Bramble Corporation incurred the following costs while manufacturing its product. Materials used in product $128,900 Advertising...
Bramble Corporation incurred the following costs while
manufacturing its product.
Materials used in product
$128,900
Advertising expense
$55,800
Depreciation on plant
63,400
Property taxes on plant
23,100
Property taxes on store
8,280
Delivery expense
24,800
Labor costs of assembly-line workers
114,800
Sales commissions
43,600
Factory supplies used
32,100
Salaries paid to sales clerks
60,400
Work in process inventory was $14,200 at January 1 and $16,900 at
December 31. Finished goods inventory was $63,300 at January 1 and
$48,200 at December...
Exercise 14-08 Lopez Corporation incurred the following costs while manufacturing its product. Materials used in product...
Exercise 14-08
Lopez Corporation incurred the following costs while manufacturing
its product.
Materials used in product
$128,200
Advertising expense
$47,700
Depreciation on plant
64,500
Property taxes on plant
22,300
Property taxes on store
8,540
Delivery expense
27,800
Labor costs of assembly-line workers
119,000
Sales commissions
38,900
Factory supplies used
33,500
Salaries paid to sales clerks
58,000
Work in process inventory was $13,500 at January 1 and $17,200 at
December 31. Finished goods inventory was $68,400 at January 1 and
$47,700...
Exercise 1-8 Lopez Corporation incurred the following costs while manufacturing its product. $48,30 Materials used in...
Exercise 1-8 Lopez Corporation incurred the following costs while manufacturing its product. $48,30 Materials used in product Depreciation on plant Property taxes on store Labor costs of assembly-line workers Factory supplies used $126,00 Adve 20. Advertising expense 65,900 Property taxes on plant 8,030 Delivery expense 115,200 Sales commissions Salaries paid to sales clerks 23,500 30,200 37,200 55,400 Work in process inventory was $14,400 at January 1 and $17,400 at December 31. Finished goods inventory was $64,000 at January 1 and...
Bramble Corporation incurred the following costs while manufacturing its product. Materials used in product $128,900 Advertising...
Bramble Corporation incurred the following costs while
manufacturing its product.
Materials used in product
$128,900
Advertising expense
$55,800
Depreciation on plant
63,400
Property taxes on plant
23,100
Property taxes on store
8,280
Delivery expense
24,800
Labor costs of assembly-line workers
114,800
Sales commissions
43,600
Factory supplies used
32,100
Salaries paid to sales clerks
60,400
Work in process inventory was $14,200 at January 1 and $16,900 at
December 31. Finished goods inventory was $63,300 at January 1 and
$48,200 at December...
Lopez Corporation incurred the following costs while
manufacturing its product.
Materials used in product
$121,000
Advertising expense
$46,000
Depreciation on plant
61,000
Property taxes on plant
15,000
Property taxes on store
7,600
Delivery expense
22,000
Labor costs of assembly-line workers
111,000
Sales commissions
36,000
Factory supplies used
24,000
Salaries paid to sales clerks
51,000
Work in process inventory was $13,000 at January 1 and $16,600 at
December 31. Finished goods inventory was $61,000 at January 1 and
$45,700 at December...
Lopez Corporation incurred the following costs while
manufacturing its product.
Materials used in product
$130,000
Advertising expense
$46,100
Depreciation on plant
64,500
Property taxes on plant
20,000
Property taxes on store
7,600
Delivery expense
26,800
Labor costs of assembly-line workers
120,900
Sales commissions
39,300
Factory supplies used
32,600
Salaries paid to sales clerks
54,900
Work in process inventory was $14,000 at January 1 and $16,700 at
December 31. Finished goods inventory was $61,800 at January 1 and
$49,800 at December...
Lopez Corporation incurred the following costs while
manufacturing its product.
Materials used in product
$121,000
Advertising expense
$46,000
Depreciation on plant
61,000
Property taxes on plant
15,000
Property taxes on store
7,600
Delivery expense
22,000
Labor costs of assembly-line workers
111,000
Sales commissions
36,000
Factory supplies used
24,000
Salaries paid to sales clerks
51,000
Work in process inventory was $13,000 at January 1 and $16,600 at
December 31. Finished goods inventory was $61,000 at January 1 and
$45,700 at December...
Lopez Corporation incurred the following costs while manufacturing its product. Materials used in product Depreciation on plant Property taxes on store Labor costs of assembly-line workers Factory supplies used $126,400 Advertising expense 61,000 Property taxes on plant 7,650 Delivery expense 113,500 Sales commissions 29,300 Salaries paid to sales clerks $54,100 21,800 27,300 38,400 55,400 Work in process inventory was $14,600 at January 1 and $16,700 at December 31. Finished goods inventory was $70,900 at January 1 and $49,100 at December...
Question 1 Lopez Corporation incurred the following costs while manufacturing its product. Materials used in product Depreciation on plant Property taxes on store Labor costs of assembly-line workers Factory supplies used $130,300 Advertising expense $55,200 24,300 26,100 38,100 59,300 62,500 Property taxes on plant 8,270 Delivery expense 116,100 Sales commissions 34,000 Salaries paid to sales clerks Work in process inventory was $14,400 at January 1 and $17,600 at December 31. Finished goods inventory was $61,100 at January 1 and $48,500...
Bramble Corporation incurred the following costs while
manufacturing its product.
Materials used in product
$128,900
Advertising expense
$55,800
Depreciation on plant
63,400
Property taxes on plant
23,100
Property taxes on store
8,280
Delivery expense
24,800
Labor costs of assembly-line workers
114,800
Sales commissions
43,600
Factory supplies used
32,100
Salaries paid to sales clerks
60,400
Work in process inventory was $14,200 at January 1 and $16,900 at
December 31. Finished goods inventory was $63,300 at January 1 and
$48,200 at December...
Exercise 14-08
Lopez Corporation incurred the following costs while manufacturing
its product.
Materials used in product
$128,200
Advertising expense
$47,700
Depreciation on plant
64,500
Property taxes on plant
22,300
Property taxes on store
8,540
Delivery expense
27,800
Labor costs of assembly-line workers
119,000
Sales commissions
38,900
Factory supplies used
33,500
Salaries paid to sales clerks
58,000
Work in process inventory was $13,500 at January 1 and $17,200 at
December 31. Finished goods inventory was $68,400 at January 1 and
$47,700...
Exercise 1-8 Lopez Corporation incurred the following costs while manufacturing its product. $48,30 Materials used in product Depreciation on plant Property taxes on store Labor costs of assembly-line workers Factory supplies used $126,00 Adve 20. Advertising expense 65,900 Property taxes on plant 8,030 Delivery expense 115,200 Sales commissions Salaries paid to sales clerks 23,500 30,200 37,200 55,400 Work in process inventory was $14,400 at January 1 and $17,400 at December 31. Finished goods inventory was $64,000 at January 1 and...
Bramble Corporation incurred the following costs while
manufacturing its product.
Materials used in product
$128,900
Advertising expense
$55,800
Depreciation on plant
63,400
Property taxes on plant
23,100
Property taxes on store
8,280
Delivery expense
24,800
Labor costs of assembly-line workers
114,800
Sales commissions
43,600
Factory supplies used
32,100
Salaries paid to sales clerks
60,400
Work in process inventory was $14,200 at January 1 and $16,900 at
December 31. Finished goods inventory was $63,300 at January 1 and
$48,200 at December...
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