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Direct materials used+Direct labor+Manufacturing overhead=Total manufacturing cost
Total manufacturing cost+WIP(1/1)-WIP(12/31)=Cost of goods manufactured
| Direct materials used | Direct labor | Manufacturing overhead | Total manufacturing cost | WIP(1/1) | WIP(12/31) | Cost of goods manufactured |
| 38000 | 80,000 | 48,000 | (38000+80,000+48,000)=$166,000 | 120,000 | 96,000 | (166,000+120,000-96,000)=$190,000 |
| 149,000 | 53,000 | 90,000 | 292,000 | (311,000+98,000-292,000)=$117,000 | 98,000 | 311,000 |
| 53000 | 116,000 | 121,000 | 290,000 | 403,000 | (290,000+403,000-515,000)=$178,000 | 515,000 |
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Question 19 Determine the missing amounts in 2019 manufacturing cost data for Tardy Corporation. Direct Materials...
2. Presented below are incomplete 2019 manufacturing cost data for Apple Inc. (20 pts) Direct Materials...
2. Presented below are incomplete 2019 manufacturing cost data for Apple Inc. (20 pts) Direct Materials Used Direct Labor Manufacturing Overhead Total Manufacturing Costs Work in Process (1/1) Work in Process (12/31) Cost of Goods Manufactured (a) $38,000 $80,000 $48,000 ? $120,000 $96,000 ? (b) $149,000 $53,000 $90,000 $292,000 ? $98,000 $311,000 (c) $53,000 $116,000 $121,000 $290,000 $403,000 ? $515,000 Instructions Determine the missing amounts.
I need to know the formula used for each question mark if possible, thank you. 2....
I need to know the formula used for each question mark if
possible, thank you.
2. Presented below are incomplete 2019 manufacturing cost data for Apple Inc. (20 pts) Direct Materials Direct Used Labor (a) $38,000 $80,000 (b) $149,000 $53,000 (c) $53,000 $116,000 Total Manufacturing Manufacturing Overhead Costs $48,000 $90,000 $292,000 $121,000 $290,000 Work in Process (1/1) $120,000 7 $403,000 Work in Process (12/31) $96,000 $98,000 ? Cost of Goods Manufactured ? $311,000 $515,000 Instructions Determine the missing amounts.
Presented below are incomplete 2019 manufacturing cost data for Shell Corporation. Direct Materials Used Direct Labor...
Presented below are incomplete 2019 manufacturing cost data for Shell Corporation. Direct Materials Used Direct Labor Manufacturing Overhead Total Manufacturing Costs (a) $48,000 $72,000 ? $194,000 (b) $95,000 ? $80,000 $305,000 (c) ? $80,000 $120,000 $260,000 Instructions Determine the missing amounts. (show the steps please!
Brief Exercise 1-10 Presented below are incomplete manufacturing cost data. Determine the missing amounts for three...
Brief Exercise 1-10 Presented below are incomplete manufacturing cost data. Determine the missing amounts for three different situations. Direct Materials Used Direct Labor Used Total Manufacturing Costs $41,500 (1) (2) s (3) $65,000 $76,000 Factory Overhead $52,200 $143,000 $297,000 $59,000 $ $113,000 $311,000 LINK TO TEXT Determine the missing amounts. Total Manufacturing Costs Work in Process (January 1) $124,000 Cost of Goods Manufactured Work in Process (December 31) $85,900 $98,700 $323,800 $297,000 $ $311,000 $465,000 $719,000
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...
Presented below are incomplete 2019 manufacturing cost data for Imani Corporation. 47) Manufacturi Total Manufactur ing...
Presented below are incomplete 2019 manufacturing cost data for Imani Corporation. 47) Manufacturi Total Manufactur ing Costs Direct Materi als Used $61,000 Direct Lab ng Overhe ad $54,000 or $72,00 0 $53,00 $90,000 $252,000 $96,000 $310,000 $53,000 48) Gabriel Manufacturing Company has the following data: $145,000 151,000 208,000 26,000 Direct labor Direct materials used Total manufacturing overhead Beginning work in process Instructions Compute (a) total manufacturing costs and (b) total cost of work in process
Presented below are incomplete manufacturing cost data. Determine the missing amounts for three different situations. Direct...
Presented below are incomplete manufacturing cost data. Determine the missing amounts for three different situations. Direct Materials Used Direct Labor Used Factory Overhead Total Manufacturing Costs g $41,000 $63,600 $53,400 $ (2) $ $78,200 $142,000 $298,000 ཉེ $58,100 $ $112.000 $311,000
The following information is available for Koba Company. 2019 49) December 31, 2019 $30,000 22,200 21,000...
The following information is available for Koba Company. 2019 49) December 31, 2019 $30,000 22,200 21,000 January 1, 2019 $26,000 18,500 30,000 Raw materials inventory Work in process inventory Finished goods inventory Materials purchased Direct labor Manufacturing overhead Sales $170,000 230,000 180,000 800,000 Instructions (a) Compute cost of goods manufactured Presented below are incomplete 2019 manufacturing cost data for Shell Corporation. 50) Manufacturing Overhead Total Manufacturing Costs Direct Labor Direct Materials Used $194, ? $72,000 $48,000 (a) $305,000 $80,000 $95,000...
Brief Exercise 14-10 Presented below are incomplete manufacturing cost data. Determine the missing amounts for three...
Brief Exercise 14-10
Presented below are incomplete manufacturing cost data.
Determine the missing amounts for three different situations.
Direct
Materials
Used
Direct
Labor
Used
Factory
Overhead
Total
Manufacturing
Costs
(1)
$41,900
$62,500
$52,900
$
(2)
$
$76,000
$144,000
$300,000
(3)
$57,400
$
$115,000
$312,000
Determine the missing amounts.
Total
Manufacturing
Costs
Work
in Process
(January 1)
Work
in Process
(December 31)
Cost of
Goods
Manufactured
(1)
$
$122,000
$84,300
$
(2)
$300,000
$
$98,500
$324,500
(3)
$312,000
$467,000
$
$719,000
December 31, 2019 $30,000 22,200 21,000 49) The following information is available for Koba Company January...
December 31, 2019 $30,000 22,200 21,000 49) The following information is available for Koba Company January 1, 2019 2019 Raw materials inventory $ 26,000 Work in process inventory 18,500 Finished goods inventory 30,000 Materials purchased $170,000 Direct labor 230,000 Manufacturing overhead 180,000 Sales 800,000 Instructions (a) Compute cost of goods manufactured 50) Presented below are incomplete 2019 manufacturing cost data for Shell Corporation. Manufacturing Direct Materials Used Direct Labor Total Manufacturing Costs Overhead $48,000 $72,000 $194,000 $95,000 ? $80,000 $305,000...
I need to know the formula used for each question mark if
possible, thank you.
2. Presented below are incomplete 2019 manufacturing cost data for Apple Inc. (20 pts) Direct Materials Direct Used Labor (a) $38,000 $80,000 (b) $149,000 $53,000 (c) $53,000 $116,000 Total Manufacturing Manufacturing Overhead Costs $48,000 $90,000 $292,000 $121,000 $290,000 Work in Process (1/1) $120,000 7 $403,000 Work in Process (12/31) $96,000 $98,000 ? Cost of Goods Manufactured ? $311,000 $515,000 Instructions Determine the missing amounts.
Brief Exercise 1-10 Presented below are incomplete manufacturing cost data. Determine the missing amounts for three different situations. Direct Materials Used Direct Labor Used Total Manufacturing Costs $41,500 (1) (2) s (3) $65,000 $76,000 Factory Overhead $52,200 $143,000 $297,000 $59,000 $ $113,000 $311,000 LINK TO TEXT Determine the missing amounts. Total Manufacturing Costs Work in Process (January 1) $124,000 Cost of Goods Manufactured Work in Process (December 31) $85,900 $98,700 $323,800 $297,000 $ $311,000 $465,000 $719,000
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...
Presented below are incomplete 2019 manufacturing cost data for Imani Corporation. 47) Manufacturi Total Manufactur ing Costs Direct Materi als Used $61,000 Direct Lab ng Overhe ad $54,000 or $72,00 0 $53,00 $90,000 $252,000 $96,000 $310,000 $53,000 48) Gabriel Manufacturing Company has the following data: $145,000 151,000 208,000 26,000 Direct labor Direct materials used Total manufacturing overhead Beginning work in process Instructions Compute (a) total manufacturing costs and (b) total cost of work in process
Presented below are incomplete manufacturing cost data. Determine the missing amounts for three different situations. Direct Materials Used Direct Labor Used Factory Overhead Total Manufacturing Costs g $41,000 $63,600 $53,400 $ (2) $ $78,200 $142,000 $298,000 ཉེ $58,100 $ $112.000 $311,000
The following information is available for Koba Company. 2019 49) December 31, 2019 $30,000 22,200 21,000 January 1, 2019 $26,000 18,500 30,000 Raw materials inventory Work in process inventory Finished goods inventory Materials purchased Direct labor Manufacturing overhead Sales $170,000 230,000 180,000 800,000 Instructions (a) Compute cost of goods manufactured Presented below are incomplete 2019 manufacturing cost data for Shell Corporation. 50) Manufacturing Overhead Total Manufacturing Costs Direct Labor Direct Materials Used $194, ? $72,000 $48,000 (a) $305,000 $80,000 $95,000...
Brief Exercise 14-10
Presented below are incomplete manufacturing cost data.
Determine the missing amounts for three different situations.
Direct
Materials
Used
Direct
Labor
Used
Factory
Overhead
Total
Manufacturing
Costs
(1)
$41,900
$62,500
$52,900
$
(2)
$
$76,000
$144,000
$300,000
(3)
$57,400
$
$115,000
$312,000
Determine the missing amounts.
Total
Manufacturing
Costs
Work
in Process
(January 1)
Work
in Process
(December 31)
Cost of
Goods
Manufactured
(1)
$
$122,000
$84,300
$
(2)
$300,000
$
$98,500
$324,500
(3)
$312,000
$467,000
$
$719,000
December 31, 2019 $30,000 22,200 21,000 49) The following information is available for Koba Company January 1, 2019 2019 Raw materials inventory $ 26,000 Work in process inventory 18,500 Finished goods inventory 30,000 Materials purchased $170,000 Direct labor 230,000 Manufacturing overhead 180,000 Sales 800,000 Instructions (a) Compute cost of goods manufactured 50) Presented below are incomplete 2019 manufacturing cost data for Shell Corporation. Manufacturing Direct Materials Used Direct Labor Total Manufacturing Costs Overhead $48,000 $72,000 $194,000 $95,000 ? $80,000 $305,000...
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