Calculation of Ending Work in progress
Beginning Work in progress+Total Manufacturing costs-Finished goods=Ending Work in progress
$200000+$1315000-$187000=$1328000
Calculation of Cost of Goods Manufactured
Beginning Work in process inventory $200000 |
PLUS:Manufacturing costs incurred |
Direct labor $523000 |
Direct Materials Used $584000 |
Manufacturing Overhead $208000 |
Total Manufacturing Costs to account for $1515000 |
LESS: Ending process inventory $1328000 |
Cost of Goods Manufactured $187000 |
Managerial Accounting Jamie Poepoe 1/15/19 1:37 AM Homework: Chapter 2 Homework Save Score: 0.94 of 1...
Managerial Accounting Jamie Poepoe 1/15/19 1:37 AM Homework: Chapter 2 Homework Save Score: 0.94 of 1 pt 6 of 8 (8 complete)> Hw Score: 97.6%, 7.81 of 8 pts P2-43A (similar to) Data Table Super Displays designs and manufactures displays used in mobile devices. Serious flooding throughout the region he beginning in affected Super Displays' facilities. Inventory was completely ruined, and the company's computer system, including all EEE (Click the icon to accounting records, was destroyed. Raw materials, $103,000 .Work...
Show the ending inventories that would appear on the balance
sheet of Pricilla's PosiesPricilla's Posies at December
31,2019.
I just need the answer for the image on the bottom where my
cursor is located.
Thank you!
Begin by calculating the cost of goods sold for the year. Pricilla's Posies Calculation of Cost of Goods Sold For the Year Ended December 31, 2016 Beginning inventory 12,700 34,000 Plus: Purchases Cost of goods available for sale 46,700 9,000 Less: Ending inventory Cost...
please do all three parts of this one question
Part One: In 2015, Pamela Webber opened Pamela's Posies, a small retail shop selling floral arrangements. Click the icon to view the records.) Read the requirement (Part One) Part One: Begin by calculating the cost of goods sold for the year. Pamela's Posies Calculation of Cost of Goods Sold For the Year Ended December 31, 2016 Plus: Less: Choose from any list or enter any number in the input fields and...
Homework: HW #1 -Chapter 2 Save Score: 0.29 of 1 pt 10 of 10 (10 complete) HW Score: 45.76%, 4.58 of 10 pts (%) P2-43A (similar to) Question Help Ideal Displays designs and manufactures displays used in mobile devices. Serious flooding throughout the region affectedThe beginning inventory numbers are as follows: Ideal Displays facilities, Inventory was completely ruined, and the company's computer system, indluding all accounting records, was destroyed EEB (Click the icon to view beginning inventory numbers.) (Click the...
Managerial Accounting - 62040 Adeeb Wahabuddin & 11/2/19 12:01 PM Homework: Week 1: Homework Save Score: 0 of 10 pts 2 of 4 (1 complete) HW Score: 20%, 10 of 50 pts E2-25A (similar to) Question Help Hanthom industries is calculating its Cost of Good Manufactured at year and Master's accounting records show the following: The Raw Materials inventory account had a beginning balance of $11.000 and an ending balance of $20,000. During the year, the company purchased $56,000 of...
Chapter 19.4
Homework: Chapter 19 HOMEWUIK 4 of 4 (0 complete) Score: 0 of 22 pts P19-28A (similar to) Stratton Manufacturing makes carrying cases for portable electronic devices its costing records yield the following information Click the icon to view the costing records read the futements Requirement 1. Which type of costing system is Stratton using? What piece of data did you base your answer on? Stration uses a system we know this because Stratton's costing records show costs being...
Homework: Ch 2 HW Score: 0 of 2 pts E2-27A (book/static) Save 10 of 10 (8 complete) HW Score: 69.23%, 9 of 13 pts Question Help Prepare the income statement for West Nautical Company for the most recent year. Use the calculation of cost of goods sold, cost of goods manufactured, and the amounts below. Assume that the company sold 34,000 units of its product at a price of $12 each during the year. EE! (Click the icon to view...
Homework: Week 4 - Chapter 06 prob en on Next Question Save score: 0 of 1 pt 3 of 6 (0 complete) HW Score : O%, 0 of 6 pts P6-31A (similar to) Question Help Peaceful Carpets's books show the following data EEE (Click the icon to view the income statements,) In early 2018, auditors found that the ending merchandise inventory for 2015 was understated by $7,000 and that the ending merchandise inventory for 2017 was overstated by $8,000. The...
Homework: HW #1 -Chapter 2 Save Score: 0.36 of 1 pt 6 of 10 (6 complete) ▼ HW Score: 53.64%, 5.36 of 10 pts E2-25A (similar to) Question Help Sharpland Industries is calculating its Cost of Goods Manufactured at year-end. Sharpland's accounting records show the following: The Raw Materials Inventory account had a beginning balance of $11,000 and an ending balance of $18,000. During the year, the company purchased $63,000 of direct materials. Direct labor for the year totaled $129,000,...
ACC350 SP19 ETR700A Homework: Topic 1 Homework (Chapter 18) Score: 0 of 10 pts E18-22 (similar to) Snyder Corp, a lamp manufacturer, provided the following information for the year ended December 31, 2016 EEB (Click the icon to view year-end information.) Requirements 1. Use the information to prepare a schedule of cost of goods manufactured. 2. What is the unit product cost if Snyder manufactured 3,472 lamps for the year? Requirement 1. Use the information to prepare a schedule of...