Homework Answers
Add Answer to:
Adelphia Manufacturing issued $80,000 of direct materials and $8,000 of indirect materials for production. Which of...
Manufacturing overhead has an overallocated balance of $8,000, raw materials inventory balance is $62,400; work in...
Manufacturing overhead has an overallocated balance of $8,000, raw materials inventory balance is $62,400; work in process inventory is $34,700, finished goods inventory is $25,300, and cost of goods sold is $135,200. After adjusting for the overallocated manufacturing overhead, what is cost of goods sold? OA, S135200 OB, $97,100 OC. $143,200 O D. $127 200
Cost of materials purchases on account Cost of materials requisitioned (includes $2,300 of indirect) Direct labor...
Cost of materials purchases on account Cost of materials requisitioned (includes $2,300 of indirect) Direct labor costs incurred Manufacturing overhead costs incurred, including indirect materials Cost of goods completed Cost of goods sold Beginning raw materials inventory Beginning work in process inventory Beginning finished goods inventory Predetermined manufacturing overhead rate (as % of direct labor cost) $77,900 $45,300 $80,300 $98,800 $276,900 $149,000 $19,600 $35,300 $25,700 115% The journal entry to record actual manufacturing overhead costs includes a O A. debit...
In a job-order casting system, indirect lahor cost is usually recorded as a A) Manufacturing Overhead...
In a job-order casting system, indirect lahor cost is usually recorded as a A) Manufacturing Overhead B) Finished Goods C) Work in Process D) Cost of Goods Sold najob-order costing system, manufacturing overhead applied is recorded as a con A) Raw Materials B) Finished Goods Inventory C) Work in Process Inventory D) Cost of Goods Sold 33.) The journal entry to record applying overhead during the production process is: Manufacturing Overhead Work In Process XXX Finished Goods Manufacturing Overhead OCX...
Sales revenue Purchases of direct materials Direct labor Manufacturing overhead Operating expenses Beginning raw materials inventory...
Sales revenue Purchases of direct materials Direct labor Manufacturing overhead Operating expenses Beginning raw materials inventory Ending raw materials inventory Beginning work in process inventory Ending work in process inventory Beginning finished goods inventory Ending finished goods inventory $4,300 $480 $520 $620 $730 $210 $220 $420 $490 $310 $200 What was the cost of direct materials used? O A. $690 OB. $480 OC. $470 OD. $430 Click to select your answer
Purchases of raw materials Indirect materials used in production Direct labor Manufacturing overhead applied to work...
Purchases of raw materials Indirect materials used in production Direct labor Manufacturing overhead applied to work in process Underapplied overhead $30,000 $ 4,800 $58,400 $88,400 $ 4, 120 Inventories Raw materials Work in process Finished goods Beginning $ 10,800 $ 54,500 $ 34,400 Ending $ 19,600 $ 69,400 $ 43,500 Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare a schedule of cost of goods sold for the month. Assume the underapplied or overapplied...
Manufacturing overhead costs incurred: Indirect materials $15,000 Indirect labor 130,000 Property taxes, factory 8,000 Utilities, factory...
Manufacturing overhead costs incurred: Indirect materials $15,000 Indirect labor 130,000 Property taxes, factory 8,000 Utilities, factory 70,000 Depreciation, factory 240,000 Insurance, factory 10,000 Total actual manufacturing overhead costs incurred $473,000 Other costs incurred: Purchases of raw materials (both direct and indirect) $400,000 Direct labor cost $60,000 Inventories: Raw materials, beginning $20,000 Raw materials, ending $30,000 Work in process, beginning $20,000 Work in process, ending $70,000 The company uses a predetermined overhead rate of $25 per machine-hour to apply overhead...
Cost of materials purchases on account Cost of materials requisitioned (includes $4,600 of indirect) Direct labor...
Cost of materials purchases on account Cost of materials requisitioned (includes $4,600 of indirect) Direct labor costs incurred Manufacturing overhead costs incurred, including indirect materials Cost of goods manufactured Cost of goods sold Beginning raw materials inventory Beginning work in process inventory Beginning finished goods inventory Predetermined manufacturing overhead rate (as % of direct labor cost) $68,800 $51,800 $77,400 $97,600 $223,400 $151,800 $15,100 $30,600 $33,700 140% What is the balance in work in process inventory at the end of the...
accounting class Here is some basic data for Delta Manufacturing: Cost of materials purchases on account...
accounting class
Here is some basic data for Delta Manufacturing: Cost of materials purchases on account Cost of materials requisitioned (includes $2,000 of indirect) Direct labor costs incurred Manufacturing overhead costs incurred, including indirect materials Cost of goods completed Cost of goods sold Beginning raw materials inventory Beginning work in process inventory Beginning finished goods inventory Predetermined manufacturing overhead rate (as % of direct labor cost) $ 77,000 45,000 80,000 98,000 276,600 149,000 19,000 35,000 25,000 120% O A. credit...
Manufacturing overhead has an underallocated balance of $12,100; raw materials inventory balance is $145,100; work in...
Manufacturing overhead has an underallocated balance of $12,100; raw materials inventory balance is $145,100; work in process inventory is $123,000; finished goods inventory is $140,300; and cost of goods sold is $170,800. After adjusting for the underallocated manufacturing overhead, what is cost of goods sold? O A. $158,700 OB. $182,900 O c. $12,100 OD. $170,800 Olialen
Lando Company reported the following amounts for 2019: Raw materials purchased Beginning raw materials inventory $85,000...
Lando Company reported the following amounts for 2019: Raw materials purchased Beginning raw materials inventory $85,000 5,200 4,500 7,600 8,000 Ending raw materials inventory Beginning finished goods inventory Ending finished goods inventory Direct labor used Manufacturing overhead costs applied Beginning work in process inventory Ending work in process inventory 20,000 30,000 6,100 6,300 (a) Calculate the cost of materials used in production. Cost of materials used in production t (b) Calculate total manufacturing costs. Total manufacturing costs
Manufacturing overhead has an overallocated balance of $8,000, raw materials inventory balance is $62,400; work in process inventory is $34,700, finished goods inventory is $25,300, and cost of goods sold is $135,200. After adjusting for the overallocated manufacturing overhead, what is cost of goods sold? OA, S135200 OB, $97,100 OC. $143,200 O D. $127 200
Cost of materials purchases on account Cost of materials requisitioned (includes $2,300 of indirect) Direct labor costs incurred Manufacturing overhead costs incurred, including indirect materials Cost of goods completed Cost of goods sold Beginning raw materials inventory Beginning work in process inventory Beginning finished goods inventory Predetermined manufacturing overhead rate (as % of direct labor cost) $77,900 $45,300 $80,300 $98,800 $276,900 $149,000 $19,600 $35,300 $25,700 115% The journal entry to record actual manufacturing overhead costs includes a O A. debit...
In a job-order casting system, indirect lahor cost is usually recorded as a A) Manufacturing Overhead B) Finished Goods C) Work in Process D) Cost of Goods Sold najob-order costing system, manufacturing overhead applied is recorded as a con A) Raw Materials B) Finished Goods Inventory C) Work in Process Inventory D) Cost of Goods Sold 33.) The journal entry to record applying overhead during the production process is: Manufacturing Overhead Work In Process XXX Finished Goods Manufacturing Overhead OCX...
Sales revenue Purchases of direct materials Direct labor Manufacturing overhead Operating expenses Beginning raw materials inventory Ending raw materials inventory Beginning work in process inventory Ending work in process inventory Beginning finished goods inventory Ending finished goods inventory $4,300 $480 $520 $620 $730 $210 $220 $420 $490 $310 $200 What was the cost of direct materials used? O A. $690 OB. $480 OC. $470 OD. $430 Click to select your answer
Purchases of raw materials Indirect materials used in production Direct labor Manufacturing overhead applied to work in process Underapplied overhead $30,000 $ 4,800 $58,400 $88,400 $ 4, 120 Inventories Raw materials Work in process Finished goods Beginning $ 10,800 $ 54,500 $ 34,400 Ending $ 19,600 $ 69,400 $ 43,500 Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare a schedule of cost of goods sold for the month. Assume the underapplied or overapplied...
Cost of materials purchases on account Cost of materials requisitioned (includes $4,600 of indirect) Direct labor costs incurred Manufacturing overhead costs incurred, including indirect materials Cost of goods manufactured Cost of goods sold Beginning raw materials inventory Beginning work in process inventory Beginning finished goods inventory Predetermined manufacturing overhead rate (as % of direct labor cost) $68,800 $51,800 $77,400 $97,600 $223,400 $151,800 $15,100 $30,600 $33,700 140% What is the balance in work in process inventory at the end of the...
accounting class
Here is some basic data for Delta Manufacturing: Cost of materials purchases on account Cost of materials requisitioned (includes $2,000 of indirect) Direct labor costs incurred Manufacturing overhead costs incurred, including indirect materials Cost of goods completed Cost of goods sold Beginning raw materials inventory Beginning work in process inventory Beginning finished goods inventory Predetermined manufacturing overhead rate (as % of direct labor cost) $ 77,000 45,000 80,000 98,000 276,600 149,000 19,000 35,000 25,000 120% O A. credit...
Manufacturing overhead has an underallocated balance of $12,100; raw materials inventory balance is $145,100; work in process inventory is $123,000; finished goods inventory is $140,300; and cost of goods sold is $170,800. After adjusting for the underallocated manufacturing overhead, what is cost of goods sold? O A. $158,700 OB. $182,900 O c. $12,100 OD. $170,800 Olialen
Lando Company reported the following amounts for 2019: Raw materials purchased Beginning raw materials inventory $85,000 5,200 4,500 7,600 8,000 Ending raw materials inventory Beginning finished goods inventory Ending finished goods inventory Direct labor used Manufacturing overhead costs applied Beginning work in process inventory Ending work in process inventory 20,000 30,000 6,100 6,300 (a) Calculate the cost of materials used in production. Cost of materials used in production t (b) Calculate total manufacturing costs. Total manufacturing costs
Most questions answered within 3 hours.
-
To be done in java code. 2 words are anagrams if 1 word can be
formed...
asked 6 minutes ago -
Bright Sun, Inc. sold an issue of 30-year $1,000 par value bonds
to the public. The...
asked 3 minutes ago -
Two players take turns at removing 1 to 4 coins from an original
pile of 16...
asked 2 minutes ago -
The income statement for the month of June, 2014 of Happy Smiles
Enterprises contains the following...
asked 8 minutes ago -
1-Calculate the mass in grams of 2.55 moles of KCl
2- Calculate how many moles are...
asked 8 minutes ago -
1. Choose value for p between 0.20 and 0.80. It should have at
least two decimal...
asked 10 minutes ago -
QUESTIONS: 500 words for the question
In defining abnormality, the criteria of “deviance”, “distress”
and “dysfunction”...
asked 11 minutes ago -
A sample of n = 25 scores produces a t statistic of t =
-2.062. If...
asked 29 minutes ago -
Given the following, compute the after tax cost of debt: The par
value of the firms...
asked 23 minutes ago -
Coding in C. Please only use stdio.h (which would mean no malloc
or anything like that)...
asked 28 minutes ago -
Use the fundamental accounting equation to find the missing
amounts.
Scenario
Assets
Liabilities
Equity
1
$...
asked 26 minutes ago -
A population has a mean of 200 and a standard deviation of 60.
Suppose a sample...
asked 30 minutes ago