Homework Answers
Direct material used = Beginning + Purchases - Ending - Indirect material
= $32,000 + $65,000 - $38,000 - $3,000
= $56,000
Cost of goods manufactured = Direct material + Direct labour + Manufacturing overheads applied + Working process beginning - Working process ending
= $56,000 + $88,000 + $61,000 + $11,000 - $17,000
= $199,000
Option D.
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Entin Corporation reported the following data for the month of
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Entin Corporation reported the following data for the month of January: the adjusted cost of goods...
Entin Corporation reported the following data for the month of
January: the adjusted cost of goods sold that appears on the income
statement for January is: A. $197,900 B. $200,000 C. $201,000 D.
$199,000
8. Entin Corporation reported the following data for the month of January Ending Inventories Raw materials. Work in process............... Finished goods. Beginning $32,000 $11.000 $45.000 $38.000 $17.000 $47.000 Additional information: Raw materials purchases. Direct labor cost Manufacturing overhead cost incurred ....... Indirect materials included in manufacturing...
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Messana Corporation reported the following data for the month of August: Inventories: Beginning Ending Raw materials $36,000 $24,000 Work in process $23,000 $17,000 Finished goods $37,000 $55,000 Additional information: Raw materials purchases $61,000 Direct labor cost $94,000 Manufacturing overhead cost incurred $54,000 Manufacturing overhead cost applied to Work in Process $56,000 The cost of goods manufactured for August is: $227,000 $229,000 $219,000 $217,000 Messana Corporation reported the following data for the month of August: Inventories: Beginning Ending Raw materials...
cost of goods manufactured in july is ______? Chavez Corporation reported the following data for the...
cost of goods manufactured in july is ______?
Chavez Corporation reported the following data for the month of July. Inventories: Raw materials Work in process Finished goods Beginning Ending $ 43,000 $38,000 $ 24,000 $33,000 $ 40,000 $55,000 Additional information: $74,000 $99,000 $67,000 Raw materials purchases Direct labor cost Manufacturing overhead cost incurred Indirect materials included in manufacturing overhead cost incurred Manufacturing overhead cost applied to Work in Process $11,200 $66,000 Any underapplied or overapplied manufacturing overhead is closed out...
Chavez Corporation reported the following data for the month of July: Inventories: Raw materials Work in...
Chavez Corporation reported the following data for the month of July: Inventories: Raw materials Work in process Finished goods Beginning Ending $ 32,000 $32,500 $ 18,500 $22,000 $ 34,500 $49,500 Additional information: $68,500 $ 93,500 $61,500 Raw materials purchases Direct labor cost Manufacturing overhead cost incurred Indirect materials included in manufacturing overhead cost incurred Manufacturing overhead cost applied to Work in Process $ 9,000 $60,500 Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold. The...
Chavez Corporation reported the following data for the month of July: Inventories: Raw materials Work in...
Chavez Corporation reported the following data for the month of July: Inventories: Raw materials Work in process Finished goods Beginning Ending $ 44,000 $38,500 $ 24,500 $ 34,000 $ 40,500 $ 55,500 Additional information: $ 74,500 $ 99,500 $67,500 Raw materials purchases Direct labor cost Manufacturing overhead cost incurred Indirect materials included in manufacturing overhead cost incurred Manufacturing overhead cost applied to Work in Process $ 11,400 $ 66,500 Any underapplied or overapplied manufacturing overhead is closed out to cost...
Chavez Corporation reported the following data for the month of July Inventories: Raw materials Work in...
Chavez Corporation reported the following data for the month of July Inventories: Raw materials Work in process Finished goods Beginning Ending $ 27,000 $ 30,000 $ 16,800 $ 17,000 $ 32,000 $ 47,000 Additional information: Raw materials purchases Direct labor cost Manufacturing overhead cost incurred Indirect materials included in manufacturing overhead cost incurred Manufacturing overhead cost applied to Work in Process $ 66,000 $ 91,000 $ 59,000 $ 8,000 $ 58,000 Any underapplied or overapplied manufacturing overhead is closed out...
Chavez Corporation reported the following data for the month of July: Inventories: Beginning Ending Raw materials...
Chavez Corporation reported the following data for the month of July: Inventories: Beginning Ending Raw materials $ 28,000 $ 30,500 Work in process $ 16,500 $ 18,000 Finished goods $ 32,500 $ 47,500 Additional information: Raw materials purchases $ 66,500 Direct labor cost $ 91,500 Manufacturing overhead cost incurred $ 59,500 Indirect materials included in manufacturing overhead cost incurred $ 8,200 Manufacturing overhead cost applied to Work in Process $ 58,500 Any underapplied or overapplied manufacturing overhead is closed out...
TB MC Qu. 3-208 Chavez Corporation reported the ... Chavez Corporation reported the following data for...
TB MC Qu. 3-208 Chavez Corporation reported the ... Chavez Corporation reported the following data for the month of July: Inventories: Raw materials Work in process Finished goods Beginning Ending $ 37,000 $35,000 $ 21,000 $27,000 $ 37,000 $52,000 Additional information: $ 71,000 $ 96,000 $64,000 Raw materials purchases Direct labor cost Manufacturing overhead cost incurred Indirect materials included in manufacturing overhead cost incurred Manufacturing overhead cost applied to Work in Process $10,000 $63,000 Any underapplied or overapplied manufacturing overhead...
1) X Corporation reported the following data for the month of August: Inventories: Beginning Ending Raw...
1) X Corporation reported the following data for the month of August: Inventories: Beginning Ending Raw materials $36,000 $24,000 Work in process $23,000 $17,000 Finished goods $37,000 $55,000 Additional information: Raw materials purchases $69,000 Direct labor cost $94,000 Manufacturing overhead cost incurred $54,000 Indirect materials included in manufacturing overhead cost incurred $8,000 Manufacturing overhead cost applied to Work in Process $56,000 The cost of goods sold that is adjusted for underapplied or overapplied overhead and that appears on the income...
Chavez Corporation reported the following data for the month of July: Inventories: Beginning Ending Raw materials...
Chavez Corporation reported the following data for the month of July: Inventories: Beginning Ending Raw materials $ 33,000 $ 33,000 Work in process $ 19,000 $ 23,000 Finished goods $ 35,000 $ 50,000 Additional information: Raw materials purchases $ 69,000 Direct labor cost $ 94,000 Manufacturing overhead cost incurred $ 62,000 Indirect materials included in manufacturing overhead cost incurred $ 9,200 Manufacturing overhead cost applied to Work in Process $ 61,000 Any underapplied or overapplied manufacturing overhead is closed out...
Entin Corporation reported the following data for the month of
January: the adjusted cost of goods sold that appears on the income
statement for January is: A. $197,900 B. $200,000 C. $201,000 D.
$199,000
8. Entin Corporation reported the following data for the month of January Ending Inventories Raw materials. Work in process............... Finished goods. Beginning $32,000 $11.000 $45.000 $38.000 $17.000 $47.000 Additional information: Raw materials purchases. Direct labor cost Manufacturing overhead cost incurred ....... Indirect materials included in manufacturing...
cost of goods manufactured in july is ______?
Chavez Corporation reported the following data for the month of July. Inventories: Raw materials Work in process Finished goods Beginning Ending $ 43,000 $38,000 $ 24,000 $33,000 $ 40,000 $55,000 Additional information: $74,000 $99,000 $67,000 Raw materials purchases Direct labor cost Manufacturing overhead cost incurred Indirect materials included in manufacturing overhead cost incurred Manufacturing overhead cost applied to Work in Process $11,200 $66,000 Any underapplied or overapplied manufacturing overhead is closed out...
Chavez Corporation reported the following data for the month of July: Inventories: Raw materials Work in process Finished goods Beginning Ending $ 32,000 $32,500 $ 18,500 $22,000 $ 34,500 $49,500 Additional information: $68,500 $ 93,500 $61,500 Raw materials purchases Direct labor cost Manufacturing overhead cost incurred Indirect materials included in manufacturing overhead cost incurred Manufacturing overhead cost applied to Work in Process $ 9,000 $60,500 Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold. The...
Chavez Corporation reported the following data for the month of July: Inventories: Raw materials Work in process Finished goods Beginning Ending $ 44,000 $38,500 $ 24,500 $ 34,000 $ 40,500 $ 55,500 Additional information: $ 74,500 $ 99,500 $67,500 Raw materials purchases Direct labor cost Manufacturing overhead cost incurred Indirect materials included in manufacturing overhead cost incurred Manufacturing overhead cost applied to Work in Process $ 11,400 $ 66,500 Any underapplied or overapplied manufacturing overhead is closed out to cost...
Chavez Corporation reported the following data for the month of July Inventories: Raw materials Work in process Finished goods Beginning Ending $ 27,000 $ 30,000 $ 16,800 $ 17,000 $ 32,000 $ 47,000 Additional information: Raw materials purchases Direct labor cost Manufacturing overhead cost incurred Indirect materials included in manufacturing overhead cost incurred Manufacturing overhead cost applied to Work in Process $ 66,000 $ 91,000 $ 59,000 $ 8,000 $ 58,000 Any underapplied or overapplied manufacturing overhead is closed out...
TB MC Qu. 3-208 Chavez Corporation reported the ... Chavez Corporation reported the following data for the month of July: Inventories: Raw materials Work in process Finished goods Beginning Ending $ 37,000 $35,000 $ 21,000 $27,000 $ 37,000 $52,000 Additional information: $ 71,000 $ 96,000 $64,000 Raw materials purchases Direct labor cost Manufacturing overhead cost incurred Indirect materials included in manufacturing overhead cost incurred Manufacturing overhead cost applied to Work in Process $10,000 $63,000 Any underapplied or overapplied manufacturing overhead...
1) X Corporation reported the following data for the month of August: Inventories: Beginning Ending Raw materials $36,000 $24,000 Work in process $23,000 $17,000 Finished goods $37,000 $55,000 Additional information: Raw materials purchases $69,000 Direct labor cost $94,000 Manufacturing overhead cost incurred $54,000 Indirect materials included in manufacturing overhead cost incurred $8,000 Manufacturing overhead cost applied to Work in Process $56,000 The cost of goods sold that is adjusted for underapplied or overapplied overhead and that appears on the income...
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