Exercise 19-14 a-c (Part Level Submission)
The following information is available for Sunland
Company.
|
January 1, 2020 |
2020 |
December 31, 2020 |
||||
| Raw materials inventory | $22,250 | $32,860 | ||||
| Work in process inventory | 15,470 | 18,560 | ||||
| Finished goods inventory | 30,780 | 21,290 | ||||
| Materials purchased | $154,500 | |||||
| Direct labor | 225,290 | |||||
| Manufacturing overhead | 183,120 | |||||
| Sales revenue | 902,310 |
Compute cost of goods manufactured.
Homework Answers
Add Answer to:
Exercise 19-14 a-c (Part Level Submission)
The following information is available for Sunland
Company.
January 1,...
Exercise 14-14 a-c The following information is available for Aikman Company January 1, 2020 2020 Raw...
Exercise 14-14 a-c The following information is available for Aikman Company January 1, 2020 2020 Raw materials inventory $26,010 Work in process inventory 18,560 Finished goods inventory 28,900 Materials purchased $155,770 Direct labor 224,700 Manufacturing overhead 182,460 Sales revenue 905,040 December 31, 2020 $34,130 19,620 24,050 Your answer is partially correct. Try again. Compute cost of goods manufactured. Alkman Company Cost of Goods Manufactured Schedule 18560 work-in -Process Inventory, 1/2 "Direct Materials Raw Materials Inventory, 1/1 Materials Purchased Materials Available...
*Exercise 19-12 a-b (Part Level Submission) Sunland Corporation has the following cost records for June 2020....
*Exercise 19-12 a-b (Part Level Submission) Sunland Corporation has the following cost records for June 2020. Indirect factory labor Direct materials used Work in process, 6/1/20 Work in process, 6/30/20 Finished goods, 6/1/20 Finished goods, 6/30/20 $5,420 22,300 3,620 4,630 5,310 8,420 Factory utilities Depreciation, factory equipment Direct labor Maintenance, factory equipment Indirect materials Factory manager's salary $410 1,560 42,630 1,990 2,120 3,150 *(a) Prepare a cost of goods manufactured schedule for June 2020. SUNLAND CORPORATION Cost of Goods Manufactured...
pt. B *Exercise 19-12 a-b (Part Level Submission) Sunland Corporation has the following cost records for...
pt. B
*Exercise 19-12 a-b (Part Level Submission) Sunland Corporation has the following cost records for June 2020. Indirect factory labor $5,420 Factory utilities Direct materials used 22,300 Depreciation, factory equipment Work in process, 6/1/20 3,620 Direct labor Work in process, 6/30/20 4,630 Maintenance, factory equipment Finished goods, 6/1/20 5,310 Indirect materials Finished goods, 6/30/20 8,420 Factory manager's salary $410 1,560 42,630 1,990 2,120 3,150 *(a) Your answer is correct. Prepare a cost of goods manufactured schedule for June 2020....
Exercise 20-09 a-c (Part Level Submission) At May 31, 2020, the accounts of Crane Company show...
Exercise 20-09 a-c (Part Level Submission) At May 31, 2020, the accounts of Crane Company show the following 1. May 1 Inventories-finished goods $14,400, work in process $17,400, and raw materials $9,000 2. May 31 inventories-finished goods $9,600, work in process $16,800, and raw materials $8,200. 3. Debit postings to work in process were direct materials $65,400, direct labor $51,900, and manufacturing overhead applied $42,400. (Assume that overhead applied was equal to overhead incurred.) 4. Sales revenue totaled $217,000. (a)...
Please do part B Exercise 14-14 (Part Level Submission) The following information is available for Aikman...
Please do part B
Exercise 14-14 (Part Level Submission) The following information is available for Aikman Company. January 1, 2017 December 31, 2017 2017 Raw materials inventory Work in process inventory Finished goods inventory Materials purchased Direct labor Manufacturing overhead Sales revenue $22,050 16,060 29,470 $31,590 18,160 23,990 $155,750 221,530 184,450 905,810
Help 1 System Announcements CALCULATOR PRINTER VERSION BACK NEXT Challenge Exercise 19-02 a-b, c1 (Part Level...
Help 1 System Announcements CALCULATOR PRINTER VERSION BACK NEXT Challenge Exercise 19-02 a-b, c1 (Part Level Submission) An analysis of the accounts of Sheridan Company reveals the following manufacturing cost data for the month ended September 30, 2020. Inventories Raw materials Work in process Finished goods Beginning $12,500 6,800 9,600 Ending $11,000 5,400 11,700 Costs incurred: raw materials purchases $63,700, direct labor $50,800, manufacturing overhead $27,400. The specific overhead costs were: indirect labor $6,900, factory insurance $4,700, machinery depreciation $6,200,...
The following information is available for Aikman Company. January 1, 20172017December 31, 2017 Raw materials inventory...
The following information is available for Aikman Company. January 1, 20172017December 31, 2017 Raw materials inventory Work in process inventory Finished goods inventory Materials purchased Direct labor Manufacturing overhead Sales revenue $26,010 18,560 28,900 $34,130 19,620 24,050 $155,770 224,700 182,460 905,040 Compute cost of goods manufactured.
Exercise 20-09 a-c (Part Level Submission) At May 31, 2020, the accounts of Sandhill Company show...
Exercise 20-09 a-c (Part Level Submission) At May 31, 2020, the accounts of Sandhill Company show the following. 1. May 1 inventories-finished goods $15,100, work in process $16,400, and raw materials $9,300. 2. May 31 inventories-finished goods $9,700, work in process $17,100, and raw materials $7,400. 3. Debit postings to work in process were direct materials $64,800, direct labor $52,000, and manufacturing overhead applied $42,800. (Assume that overhead applied was equal to overhead incurred.) 4. Sales revenue totaled $216,800. (a)...
Exercise 175 (Part Level Submission) The following inventory information is available for Ricci Manufacturing Corporation for...
Exercise 175 (Part Level Submission) The following inventory information is available for Ricci Manufacturing Corporation for the year ended December 31, 2017: Beginning Ending Inventories: Ra maials Work in process Finished goods $17,000 $19,000 9,000 14,000 11,000 8,000 $37,000 $41,000 In addition, the following transactions occurred in 2017: . Raw materials purchased on account, $75,000 2. Incurred factory labor, $80,000, all is direct labor. (Credit Factory Wages Payable) 3. Incurred the following overhead costs during the year: Utilities $6,800, Depreciation...
The first two pictures are for additional information At May 31, 2020, the accounts of Sunland...
The first two pictures are for
additional information
At May 31, 2020, the accounts of Sunland Company show the following. 1. May 1 inventories-finished goods $13,000, work in process $17,400, and raw materials $8,500. 2. May 31 inventories-finished goods $9,700, work in process $16,500, and raw materials $7,500. 3. Debit postings to work in process were direct materials $64,100, direct labor $52,800, and manufacturing overhead applied $40,400. (Assume that overhead applied was equal to overhead incurred.) 4. Sales revenue totaled...
Exercise 14-14 a-c The following information is available for Aikman Company January 1, 2020 2020 Raw materials inventory $26,010 Work in process inventory 18,560 Finished goods inventory 28,900 Materials purchased $155,770 Direct labor 224,700 Manufacturing overhead 182,460 Sales revenue 905,040 December 31, 2020 $34,130 19,620 24,050 Your answer is partially correct. Try again. Compute cost of goods manufactured. Alkman Company Cost of Goods Manufactured Schedule 18560 work-in -Process Inventory, 1/2 "Direct Materials Raw Materials Inventory, 1/1 Materials Purchased Materials Available...
*Exercise 19-12 a-b (Part Level Submission) Sunland Corporation has the following cost records for June 2020. Indirect factory labor Direct materials used Work in process, 6/1/20 Work in process, 6/30/20 Finished goods, 6/1/20 Finished goods, 6/30/20 $5,420 22,300 3,620 4,630 5,310 8,420 Factory utilities Depreciation, factory equipment Direct labor Maintenance, factory equipment Indirect materials Factory manager's salary $410 1,560 42,630 1,990 2,120 3,150 *(a) Prepare a cost of goods manufactured schedule for June 2020. SUNLAND CORPORATION Cost of Goods Manufactured...
pt. B
*Exercise 19-12 a-b (Part Level Submission) Sunland Corporation has the following cost records for June 2020. Indirect factory labor $5,420 Factory utilities Direct materials used 22,300 Depreciation, factory equipment Work in process, 6/1/20 3,620 Direct labor Work in process, 6/30/20 4,630 Maintenance, factory equipment Finished goods, 6/1/20 5,310 Indirect materials Finished goods, 6/30/20 8,420 Factory manager's salary $410 1,560 42,630 1,990 2,120 3,150 *(a) Your answer is correct. Prepare a cost of goods manufactured schedule for June 2020....
Exercise 20-09 a-c (Part Level Submission) At May 31, 2020, the accounts of Crane Company show the following 1. May 1 Inventories-finished goods $14,400, work in process $17,400, and raw materials $9,000 2. May 31 inventories-finished goods $9,600, work in process $16,800, and raw materials $8,200. 3. Debit postings to work in process were direct materials $65,400, direct labor $51,900, and manufacturing overhead applied $42,400. (Assume that overhead applied was equal to overhead incurred.) 4. Sales revenue totaled $217,000. (a)...
Please do part B
Exercise 14-14 (Part Level Submission) The following information is available for Aikman Company. January 1, 2017 December 31, 2017 2017 Raw materials inventory Work in process inventory Finished goods inventory Materials purchased Direct labor Manufacturing overhead Sales revenue $22,050 16,060 29,470 $31,590 18,160 23,990 $155,750 221,530 184,450 905,810
Help 1 System Announcements CALCULATOR PRINTER VERSION BACK NEXT Challenge Exercise 19-02 a-b, c1 (Part Level Submission) An analysis of the accounts of Sheridan Company reveals the following manufacturing cost data for the month ended September 30, 2020. Inventories Raw materials Work in process Finished goods Beginning $12,500 6,800 9,600 Ending $11,000 5,400 11,700 Costs incurred: raw materials purchases $63,700, direct labor $50,800, manufacturing overhead $27,400. The specific overhead costs were: indirect labor $6,900, factory insurance $4,700, machinery depreciation $6,200,...
The following information is available for Aikman Company. January 1, 20172017December 31, 2017 Raw materials inventory Work in process inventory Finished goods inventory Materials purchased Direct labor Manufacturing overhead Sales revenue $26,010 18,560 28,900 $34,130 19,620 24,050 $155,770 224,700 182,460 905,040 Compute cost of goods manufactured.
Exercise 20-09 a-c (Part Level Submission) At May 31, 2020, the accounts of Sandhill Company show the following. 1. May 1 inventories-finished goods $15,100, work in process $16,400, and raw materials $9,300. 2. May 31 inventories-finished goods $9,700, work in process $17,100, and raw materials $7,400. 3. Debit postings to work in process were direct materials $64,800, direct labor $52,000, and manufacturing overhead applied $42,800. (Assume that overhead applied was equal to overhead incurred.) 4. Sales revenue totaled $216,800. (a)...
Exercise 175 (Part Level Submission) The following inventory information is available for Ricci Manufacturing Corporation for the year ended December 31, 2017: Beginning Ending Inventories: Ra maials Work in process Finished goods $17,000 $19,000 9,000 14,000 11,000 8,000 $37,000 $41,000 In addition, the following transactions occurred in 2017: . Raw materials purchased on account, $75,000 2. Incurred factory labor, $80,000, all is direct labor. (Credit Factory Wages Payable) 3. Incurred the following overhead costs during the year: Utilities $6,800, Depreciation...
The first two pictures are for
additional information
At May 31, 2020, the accounts of Sunland Company show the following. 1. May 1 inventories-finished goods $13,000, work in process $17,400, and raw materials $8,500. 2. May 31 inventories-finished goods $9,700, work in process $16,500, and raw materials $7,500. 3. Debit postings to work in process were direct materials $64,100, direct labor $52,800, and manufacturing overhead applied $40,400. (Assume that overhead applied was equal to overhead incurred.) 4. Sales revenue totaled...
Most questions answered within 3 hours.
-
A farmer wants to compare the tastiness and juiciness of
tomatoes grown with three amounts of...
asked 26 minutes ago -
What is facilitated diffusion and how does it differ from
symport and antiport transportation? How do...
asked 1 hour ago -
if a firm producing 100 units at $5.00 each experience
an 80% experience curve, what will...
asked 1 hour ago -
A solid, uniform disk of radius 0.250 m and mass 53.7 kg rolls
down a ramp...
asked 3 hours ago -
Given the following table of high speed internet access vs.
annual home income:
Home Income
%...
asked 4 hours ago -
A baseball batter hits a 0.145kg baseball straight up into the
air. The baseball leaves the...
asked 4 hours ago -
An FM modulator is tested using
single-tone baseband signal with frequency of 50kHz and a sprectrum...
asked 5 hours ago -
Write the ionic equations for the first stage of salts
hydrolysis.
Anion, Cation?
Na2S
NiSO4
K2SO4...
asked 6 hours ago -
suppose there is a normally distributed population with a mean of
250 and a standard deviation...
asked 7 hours ago -
Question Three
Suppose you as project manager are using the Waterfall
development methodology on a large...
asked 8 hours ago -
Which statement is not true about welfare in Canada?
A.Benefits typically vary based on one's ability...
asked 9 hours ago -
Please help me with FLOWCHART and UML diagram for class,
thank you!
#include <iostream>
#include <fstream>...
asked 9 hours ago