Homework Answers
Cost of goods manufactured = Beginning Inventory + Total manufacturing cost - Ending Inventory
$170,000 = $5,000 + Total manufacturing cost - $15,000
Total Manufacturing cost = $180,000
1st option.
Raw material used in production = Beginning Inventory + purchased - Ending Inventory
= $21,500 + $74,000 - $23,000
= $72,500
3rd option.
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2 pts If beginning and ending work in process inventories are $5,000 and $15,000, respectively and...
Concord Corporation has beginning and ending work in process inventories of $170000 and $185000 respectively. If...
Concord Corporation has beginning and ending work in process inventories of $170000 and $185000 respectively. If total manufacturing costs are $680000, what is the total cost of goods manufactured? O $850000. O $665000. $865000. $695000. Given the following data for Concord Corporation, compute cost of goods manufactured: Direct materials used $120000 Beginning work in process $20000 Direct labor 100000 Ending work in process 10000 Manufacturing 80000 Beginning finished goods 25000 overhead Operating expenses 75000 Ending finished goods 15000 $300000 $320000...
Question 37 2 pts Yamada Company applies factory overhead to its production departments on the basis...
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The following information is from ABC Company’s general ledger: Beginning and ending inventories, respectively, for raw...
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The following information is from ABC Company’s general ledger:
Beginning and ending inventories, respectively, for raw materials
were $9,600 and $11,600 and for work in process were $21,600 and
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were $37,600 each, and manufacturing overhead applied amounted to
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Required: Prepare a statement of cost of goods
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beginning and ending work in process inventories are $6.700 and $16.700, respectively and cost of goods...
beginning and ending work in process inventories are $6.700 and $16.700, respectively and cost of goods manufactured is $187.000, what is the total manufacturing cost for the period? Ο Ο Ο Ο Ο Ο
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The following information is from ABC Company’s general ledger:
Beginning and ending inventories, respectively, for raw materials
were $9,600 and $11,600 and for work in process were $21,600 and
$23,600. Raw material purchases and direct labor costs incurred
were $37,600 each, and manufacturing overhead applied amounted to
$21,600.
Required: Prepare a statement of cost of goods
manufactured for ABC Company. (Amounts to be deducted
should be indicated by a minus sign.)
The following information is from ABC Company's general ledger:...
Data Table Ending Beginning S 24,000 36,000 15,000 Inventories: Raw Materials Work-in-Process Finished Goods Other information: Purchases of materials Direct labor Manufacturing overhead $ 27,000 27 000 21,000 $ 74,000 88,000 46.000 Print Done 을 https://www.mathxl.com/Student PlayerHomework.aspx?homeworkld-512043875&questionld«A&flus ACC350 SP19 ETR700A Homework: Topic 1 Homework (Chapter 18) Score: 6.92 of 10 pts gel 8-23 (similar to) Use the following information for a manufacturer to compute cost of goods manufactured and cost of goods sold ( 囲(Click the icon to view the...
34) Wowo Company reported the following year-end Information, beginning work in process inventory, $180,000; cost of goods manufactured, 5866.000, beginning finished goods Inventory, $252,000; ending work in process inventory. $220,000, and ending finished goods inventory, $264,000. Wowo Company's cost of goods sold for the year is a $854,000. b. $878,000 c. $826,000 d. $602,000. 35) Sir Company reported the following year-end information: Beginning work in process inventory $2.000.000 Beginning raw materials inventory 1,300,000 Ending work in process inventory 900,000 Ending...
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beginning and ending work in process inventories are $6.700 and $16.700, respectively and cost of goods manufactured is $187.000, what is the total manufacturing cost for the period? Ο Ο Ο Ο Ο Ο
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