Homework Answers
| Solution:- | |
| Manufacturing Cost:- | |
| Wages of Production workers | $ 29,000 |
| Raw Material | $ 42,000 |
| Material handling | $ 2,400 |
| Factory rent: | $ 2,900 |
| Factory Insurance | $ 950 |
| Depreciation on Factory Equipment | $ 1,900 |
| Total Manufacturing Cost | $ 79,150 |
Please like
Add Answer to:
The following cost data for the month of May were taken from the records of the...
The following cost data for the month of May were taken from the records of the...
The following cost data for the month of May were taken from the records of the Terrence Manufacturing Company: (CIA adapted) Depreciation on factory equipment $ 1,600 Depreciation on sales office 800 Advertising 7,600 Wages of production workers 27,500 Raw materials used 42,000 Sales salaries and commissions 10,600 Factory rent 2,600 Factory insurance 800 Materials handling 2,100 Administrative salaries 2,600 Based upon this information, the manufacturing cost incurred during the month was:
The following cost data for the month of May were taken from the records of the...
The following cost data for the month of May were taken from the records of the Terrence Manufacturing Company: (CIA adapted) Depreciation on factory equipment $ 1,700 Depreciation on sales office 850 Advertising 7,700 Wages of production workers 28,000 Raw materials used 42,000 Sales salaries and commissions 10,700 Factory rent 2,700 Factory insurance 850 Materials handling 2,200 Administrative salaries 2,700 Based upon this information, the manufacturing cost incurred during the month was: Multiple Choice $79,400. $75,250. $78,300. $77,450.
The following cost data for the month of May were taken from the records of the...
The following cost data for the month of May were taken from the records of the Terrence Manufacturing Company: (CIA adapted) Depreciation on factory equipment Depreciation on sales office Advertising Wages of production workers Raw materials used Sales salaries and commissions Factory rent Factory insurance Materials handling Administrative salaries $ 2,500 650 8,500 32,000 42,000 11,500 3,500 650 3,000 3,500 Based upon this Information, the manufacturing cost incurred during the month was: Multiple Choice $85,000. $84.300. $80.650. $83.650.
Accountig Cost 1- La compañía H20 proveyó la siguiente información para diciembre del 2019. $57,900 307,400...
Accountig Cost
1- La compañía H20 proveyó la siguiente información para diciembre del 2019. $57,900 307,400 Work-in-process inventory, 12/31 Finished goods inventory, 1/1 Direct labor costs incurred Manufacturing overhead costs Direct materials inventory, 1/1 Finished goods inventory, 12/31 1,004,300 2,693,400 250,800 511,000 1,750,200 101,000 169,400 Direct materials purchased Work-in-process inventory, 1/1 Direct materials inventory, 12/31 Required: (a) Compute the total manufacturing costs incurred during the year. (b) Compute the total work-in-process during the year. (c) Compute the cost of goods...
The following cost and inventory data are taken from the accounting records of Mason Company for...
The following cost and inventory data are taken from the accounting records of Mason Company for the year just completed: $ 71,000 121,000 Costs incurred: Direct labour cost Purchases of raw materials Indirect labour Maintenance, factory equipment Advertising expense Insurance, factory equipment Sales salaries Rent, factory facilities Supplies Depreciation, office equipment Depreciation, factory equipment 30,500 6,100 91,000 910 51,000 24,500 4,700 3,600 21,500 Beginning of End of the Year the Year Inventories: Raw materials Work in process Finished goods $...
The following cost and inventory data are taken from the accounting records of Mason Company for...
The following cost and inventory data are taken from the accounting records of Mason Company for the year just completed: $ 81,000 Costs incurred: Direct labour cost Purchases of raw materials Indirect labour Maintenance, factory equipment Advertising expense Insurance, factory equipment Sales salaries Rent, factory facilities Supplies Depreciation, office equipment Depreciation, factory equipment A Beginning of the Year End of the Year Inventories: Raw materials Work in process Finished goods $ 9,100 11,400 24,350 $ 17,600 6,250 39,200 Required: 1....
Yates Manufacturing Company incurs the following manufacturing costs and expenses during the month of May. 1....
Yates Manufacturing Company incurs the following manufacturing costs and expenses during the month of May. 1. Assembly line wages 2. Raw materials used directly in product 3. Depreciation on office equipment 4. Property taxes on factory building 5. Rent on factory building 6. Sales commissions 7. Depreciation on factory equipment 8. Factory utilities 9. Wages for factory maintenance workers 10. Advertising 11. Indirect materials used in production 12. Factory manager's salary Complete the following matrix by placing an X mark...
The following data were taken from the records of Clarkson Company for the fiscal year ended...
The following data were taken from the records of Clarkson Company for the fiscal year ended June 30, 2017 Raw Materials Inventory 7/1/16 Raw Materials Inventory 6/30/17 Finished Goods Inventory 7/1/16 Finished Goods Inventory 6/30/17 Work in Process Inventory 7/1/16 Work in Process Inventory 6/30/17 Direct Labor Indirect Labor Accounts Receivable $51,500 47,900 98,100 27,700 25,200 21,000 145,850 25,260 35,200 Factory Insurance Factory Machinery Depreciation Factory Utilities Office Utilities Expense Sales Revenue Sales Discounts Plant Manager's Salary Factory Property Taxes...
Compute the total manufacturing cost for a manufacturer with the following information for the month. Raw...
Compute the total manufacturing cost for a manufacturer with the following information for the month. Raw materials purchased Direct materials used Direct labor used Factory supervisor salary Salesperson commissions Depreciation expense-Factory building Depreciation expense-Delivery equipment Indirect materials $ 32,800 59,750 16,000 9,200 9,600 4,000 2,900 1,500 Total Manufacturing Cost is Computed as: Total manufacturing costs
The following cost and inventory data are taken from the accounting records of Mason Company for...
The following cost and inventory data are taken from the accounting records of Mason Company for the year just completed: 10 points eBook Costs incurred: Direct labour cost Purchases of raw materials Indirect labour Maintenance, factory equipment Advertising expense Insurance, factory equipment Sales salaries Rent, factory facilities Supplies Depreciation, office equipment Depreciation, factory equipment $ 70,000 188, age 45.000 6, eee 90,00 1990 58,00 24,000 3,600 17.000 4,500 Print References Beginning of the Year End of the Year Inventories: Raw...
The following cost data for the month of May were taken from the records of the Terrence Manufacturing Company: (CIA adapted) Depreciation on factory equipment Depreciation on sales office Advertising Wages of production workers Raw materials used Sales salaries and commissions Factory rent Factory insurance Materials handling Administrative salaries $ 2,500 650 8,500 32,000 42,000 11,500 3,500 650 3,000 3,500 Based upon this Information, the manufacturing cost incurred during the month was: Multiple Choice $85,000. $84.300. $80.650. $83.650.
Accountig Cost
1- La compañía H20 proveyó la siguiente información para diciembre del 2019. $57,900 307,400 Work-in-process inventory, 12/31 Finished goods inventory, 1/1 Direct labor costs incurred Manufacturing overhead costs Direct materials inventory, 1/1 Finished goods inventory, 12/31 1,004,300 2,693,400 250,800 511,000 1,750,200 101,000 169,400 Direct materials purchased Work-in-process inventory, 1/1 Direct materials inventory, 12/31 Required: (a) Compute the total manufacturing costs incurred during the year. (b) Compute the total work-in-process during the year. (c) Compute the cost of goods...
The following cost and inventory data are taken from the accounting records of Mason Company for the year just completed: $ 71,000 121,000 Costs incurred: Direct labour cost Purchases of raw materials Indirect labour Maintenance, factory equipment Advertising expense Insurance, factory equipment Sales salaries Rent, factory facilities Supplies Depreciation, office equipment Depreciation, factory equipment 30,500 6,100 91,000 910 51,000 24,500 4,700 3,600 21,500 Beginning of End of the Year the Year Inventories: Raw materials Work in process Finished goods $...
The following cost and inventory data are taken from the accounting records of Mason Company for the year just completed: $ 81,000 Costs incurred: Direct labour cost Purchases of raw materials Indirect labour Maintenance, factory equipment Advertising expense Insurance, factory equipment Sales salaries Rent, factory facilities Supplies Depreciation, office equipment Depreciation, factory equipment A Beginning of the Year End of the Year Inventories: Raw materials Work in process Finished goods $ 9,100 11,400 24,350 $ 17,600 6,250 39,200 Required: 1....
Yates Manufacturing Company incurs the following manufacturing costs and expenses during the month of May. 1. Assembly line wages 2. Raw materials used directly in product 3. Depreciation on office equipment 4. Property taxes on factory building 5. Rent on factory building 6. Sales commissions 7. Depreciation on factory equipment 8. Factory utilities 9. Wages for factory maintenance workers 10. Advertising 11. Indirect materials used in production 12. Factory manager's salary Complete the following matrix by placing an X mark...
The following data were taken from the records of Clarkson Company for the fiscal year ended June 30, 2017 Raw Materials Inventory 7/1/16 Raw Materials Inventory 6/30/17 Finished Goods Inventory 7/1/16 Finished Goods Inventory 6/30/17 Work in Process Inventory 7/1/16 Work in Process Inventory 6/30/17 Direct Labor Indirect Labor Accounts Receivable $51,500 47,900 98,100 27,700 25,200 21,000 145,850 25,260 35,200 Factory Insurance Factory Machinery Depreciation Factory Utilities Office Utilities Expense Sales Revenue Sales Discounts Plant Manager's Salary Factory Property Taxes...
Compute the total manufacturing cost for a manufacturer with the following information for the month. Raw materials purchased Direct materials used Direct labor used Factory supervisor salary Salesperson commissions Depreciation expense-Factory building Depreciation expense-Delivery equipment Indirect materials $ 32,800 59,750 16,000 9,200 9,600 4,000 2,900 1,500 Total Manufacturing Cost is Computed as: Total manufacturing costs
The following cost and inventory data are taken from the accounting records of Mason Company for the year just completed: 10 points eBook Costs incurred: Direct labour cost Purchases of raw materials Indirect labour Maintenance, factory equipment Advertising expense Insurance, factory equipment Sales salaries Rent, factory facilities Supplies Depreciation, office equipment Depreciation, factory equipment $ 70,000 188, age 45.000 6, eee 90,00 1990 58,00 24,000 3,600 17.000 4,500 Print References Beginning of the Year End of the Year Inventories: Raw...
Most questions answered within 3 hours.
-
The fact that there are high cache miss rates for programs with
binary executables of 100s...
asked 7 minutes ago -
Is the rate of human population growth the most urgent issue we
face, or is there...
asked 4 minutes ago -
A smoke detector system uses two devices, A and B. If smoke is
present, the probability...
asked 6 minutes ago -
ACME manufacturing is a low-cost producer of a single, commodity
product: RGL-01. Standard overhead cost information...
asked 9 minutes ago -
answer the below qestion in term of marketing in “personal
selling steps”
( Question )
Consider...
asked 29 minutes ago -
Why
are large,multinational firms more likely to be concerned about
CSR?Why are lifestyle brands more susceptible...
asked 28 minutes ago -
Under normal use conditions, the Mean Time To Failure of a
heating coil can be modeled...
asked 31 minutes ago -
A student holds a ruler by one end (x=0 where the student holds
it). The student...
asked 31 minutes ago -
People are most likely to believe their ancestors play an active
role in their lives in...
asked 31 minutes ago -
A speeding car is traveling along a straight road with a
constant speed of 100 km/hour....
asked 49 minutes ago -
When 60.1 gg of calcium is reacted with nitrogen gas, 31.7 gg of
calcium nitride is...
asked 54 minutes ago -
The random variable X is exponentially distributed, where X
represents the time it takes for a...
asked 1 hour ago