1.
Cash | |||
a. | 94,000 | ||
c. | 132,000 | ||
d. | 143,000 | ||
Raw Materials | |||
Beg. bal. | 0 | b. | 89,000 |
a. | 94,000 | ||
End. bal. | 5,000 | ||
Work in Process | |||
Beg. bal. | 0 | f. | 342,000 |
b. | 78,000 | ||
c. | 112,000 | ||
e. | 152,000 | ||
End. bal. | 0 | ||
Finished Goods | |||
Beg. bal. | 0 | g. | 342,000 |
f. | 342,000 | ||
End. bal. | 0 | ||
Cost of Goods Sold | |||
Beg. bal. | 0 | ||
g. | 342,000 | ||
Adj. | 22,000 | ||
Adjusted bal. | 364,000 | ||
Manufacturing Overhead | |||
b. | 11,000 | e. | 152,000 |
c. | 20,000 | ||
d. | 143,000 | ||
Balance ( underapplied ) | 22,000 |
2.
Adjusted Cost of Goods Sold | $ 364,000 |
Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions...
Jurvin Enterprises is a manufacturing company that had no
beginning inventories. A subset of the transactions that it
recorded during a recent month is shown below.
$76,000 in raw materials were purchased for cash.
$71,600 in raw materials were used in production. Of this
amount, $65,800 was for direct materials and the remainder was for
indirect materials.
Total labor wages of $150,100 were incurred and paid. Of this
amount, $133,400 was for direct labor and the remainder was for
indirect...
Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during a recent month is shown below. a $76,900 in raw materials were purchased for cash. b. $72,700 in raw materials were used in production. Of this amount, $66,800 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $150,100 were incurred and paid. Of this amount, $133,500 was for direct labor and the remainder...
Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during a recent month is shown below. a. $94,000 in raw materials were purchased for cash b. $89,000 in raw materials were used in production of this amount. $78,000 was for direct materials and the remainder was for Indirect materials. c. Total labor wages of $132,000 were incurred and paid. Of this amount, $112,000 was for direct labor and the remainder...
Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during a recent month is shown below. a. $76.400 in raw materials were purchased for cash b. $71,600 in raw materials were used in production. Of this amount, $66.800 was for direct materials and the remainder was for indirect materials c. Total labor wages of $152,700 were incurred and paid. Of this amount, $134,600 was for direct labor and the remainder...
Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during a recent month is shown below. a. $94,000 in raw materials were purchased for cash. b. $89,000 in raw materials were used in production. Of this amount, $78,000 was for direct materials and the remainder was for indirect materials... c. Total labor wages of $132,000 were incurred and paid. Of this amount, $112,000 was for direct labor and the remainder...
Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during a recent month is shown below. a. $75,300 in raw materials were purchased for cash. b. $71,300 in raw materials were used in production. Of this amount, $65,800 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $150,400 were incurred and paid. Of this amount, $133,100 was for direct labor and the remainder...
Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during a recent month is shown below. a. $75,300 in raw materials were purchased for cash b. $71,500 in raw materials were used in production. Of this amount, $65,200 was for direct materials and the remainder was for indirect materials c. Total labor wages of $151,000 were incurred and paid. Of this amount. $134,100 was for direct labor and the remainder...
Jurvin Enterprises is a manufacturing company that had no
beginning inventories. A subset of the transactions that it
recorded during a recent month is shown below.
$76,200 in raw materials were purchased for cash.
$72,200 in raw materials were used in production. Of this
amount, $65,900 was for direct materials and the remainder was for
indirect materials.
Total labor wages of $150,800 were incurred and paid. Of this
amount, $134,400 was for direct labor and the remainder was for
indirect...
Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during a recent month is shown below. a. $76,500 in raw materials were purchased for cash. b. $72,300 in raw materials were used in production. Of this amount, $66,100 was for direct materials and the remainder was for indirect materials. C. Total labor wages of $150,200 were incurred and paid. Of this amount, $134,300 was for direct labor and the remainder...
Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during a recent month is shown below. a. $76,000 in raw materials were purchased for cash. b. $72,400 in raw materials were used in production. Of this amount, $65,300 was for direct materials and the remainder was for indirect materials c. Total labor wages of $151,600 were incurred and paid. Of this amount, $133,700 was for direct labor and the remainder...