Cash | Raw Materials | |||||||
Beg. Bal. | $ 94,000 | a. | Beg. Bal. | |||||
$ 1,32,000 | c. | a. | $ 94,000 | $ 89,000 | b. | |||
$ 1,43,000 | d. | |||||||
End. Bal. | $ 3,69,000 | End. Bal. | $ 5,000 | |||||
Work in Process | Finished Goods | |||||||
Beg. Bal. | Beg. Bal. | |||||||
b. | $ 78,000 | f. | $ 3,42,000 | $ 3,42,000 | f. | |||
c. | $ 1,12,000 | |||||||
e. | $ 1,52,000 | $ 3,42,000 | f. | |||||
End. Bal. | End. Bal. | |||||||
Manufacturing Overheads | Cost of Goods Sold | |||||||
Beg. Bal. | Beg. Bal. | |||||||
b. | $ 11,000 | $ 1,52,000 | e. | f. | $ 3,42,000 | |||
c. | $ 20,000 | $ 22,000 | g. | g. | $ 22,000 | |||
d. | $ 1,43,000 | |||||||
End. Bal. | End. Bal. | $ 3,64,000 | ||||||
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. 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. $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. $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. $76,000 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...
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. a. $75,000 in raw materials were purchased for cash. 5.572,300 in raw materials were used in production of this amount. $66.900 was for direct materials and the remainder was for Indirect materials. Total Tabor wages of $150,800 were incurred and paid. Of this amount: $134700 was for direct labor and the remainder was for...
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. $76,200 in raw materials were purchased for cash. $72,400 in raw materials were used in production. Of this amount, $65,200 was for direct materials and the remainder was for indirect materials. Total labor wages of $150,800 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. $76,300 in raw materials were purchased for cash. b. $71,200 in raw materials were used in production. Of this amount, $65,600 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, $134,200 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. $76,500 in raw materials were purchased for cash. b. $71,600 in raw materials were used in production. Of this amount, $66,000 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $151.500 were incurred and paid. Of this amount, $134.100 was for direct labor and the remainder...