Homework Answers
|
Turner Manufacturing Company Schedule of Cost of Goods Manufactured For the Year Ended December 31, 2018 |
|
|
Total manufacturing costs Add : Work in process inventory, Jan 1, 2018* Total cost of work in process Less : Work in process inventory, Jan 31, 2018 Cost of goods manufactured |
$500,000 $84,000 $584,000 $105,000 $479,000 |
* Work in process inventory, Jan 1, 2018 = $105,000 X 80% = $84,000
Add Answer to:
Hello!
In the photo below, could you please help me prepare the COG
Manufactured for the...
I NEED THIS ASAP, THANK YOU Logia Manufacturing Company has developed the following information for the...
I
NEED THIS ASAP, THANK YOU
Logia Manufacturing Company has developed the following information for the year ended December 31, 2002: Work in Process Inventory, December 31 Total manufacturing costs incurred during the year $150,000 660,000 Raw Materials Purchases 190,000 Raw Materials Inventory, December 31 Prime Manufacturing Costs for the year Conversion costs for the year 65,000 350,000 400,000 The Work in Process Inventory on January 1, 2002 was 80% of the Work in Process Inventory on December 31, 2002....
15 Requirements: Prepare the schedule of cost of goods manufactured and cost of goods sold. Data:...
15 Requirements: Prepare the schedule of cost of goods manufactured and cost of goods sold. Data: Raw Materials Inventory, Jan. 1 $10 Raw Materials Inventory, Dec. 31 Work-in-Process Inventory, Jan. 1 Work-in-Process Inventory, Dec. 31 Finished Goods Inventory, Jan. 1 Finished Goods Inventory, Dec. 31 Raw Materials Purchased, incl. freight 30 Direct Labor 40 Manufacturing (factory) Overhead Schedule of Costs of Goods Manufactured Year Ended December 31, 2018 Beginning Work-in-Process Direct Materials Used: Beginning Raw Materials Inventory Purchased of Raw...
From the account balances listed below, prepare a schedule of cost of goods manufactured for Sampson...
From the account balances listed below, prepare a schedule of cost of goods manufactured for Sampson Manufacturing Company for the month ended December 31, 2019. Finished Goods Inventory, December 31 Factory Supervisory Salaries Income Tax Expense Raw Materials Inventory, December 1 Work In Process Inventory, December 31 Sales Salaries Expense Factory Depreciation Expense Finished Goods Inventory, December 1 Raw Materials Purchases Work In Process Inventory, December 1 Factory Utilities Expense Direct Labor Raw Materials Inventory, December 31 Sales Returns and...
From the account balances listed below, prepare a schedule of cost of goods manufactured for Sampson...
From the account balances listed below, prepare a schedule of cost of goods manufactured for Sampson Manufacturing Company for the month ended December 31, 2019. Account Balances Finished Goods Inventory, December 31 $42,000 Factory Supervisory Salaries 12,000 Income Tax Expense 18,000 Raw Materials Inventory, December 1 12,000 Work In Process Inventory, December 31 15,000 Sales Salaries Expense 14,000 Factory Depreciation Expense 8,000 Finished Goods Inventory, December 1 35,000 Raw Materials Purchases 105,000 Work In Process Inventory, December 1 25,000 Factory...
Instructions (A) Prepare a cost of goods manufactured schedule (below) using the data ABOVE. (B) ...
Instructions
(A) Prepare
a cost of goods manufactured schedule (below) using the data
ABOVE.
(B)
(Assume all raw materials used were direct
materials.)
P15-4B This data is from the records of Moxie Co. for the year ended December 31, 2017. Raw Materials Inventory 1/1/17 47,000 Factory Insurance 7,400 Raw Materials Inventory 12/31/17 44,200 Factory Mach. Deprec. 7,700 Finished Goods Inventory 1/1/17 85,000 Factory Utilities 12,900 Finished Goods Inventory 12/31/17 57,800 Office Utilities Expense 8,600 Work in Process Inventory...
Exercise 181 Fill in the missing information on the cost of goods manufactured schedule of Noland...
Exercise 181 Fill in the missing information on the cost of goods manufactured schedule of Noland Manufacturing Company: NOLAND MANUFACTURING COMPANY Cost of Goods Manufactured Schedule For the Year Ended December 31, 2016 Work in process (1/1) Direct materials Raw materials inventory (1/1) $340,000 Raw materials purchases 246,000 Raw materials available for use 37,000 Raw materials inventory (12/31) Direct materials used $255,000 Direct labor Manufacturing overhead Indirect labor Factory depreciation Factory utilities 19,000 38,000 39,000 Total overhead Total manufacturing costs...
An incomplete cost of goods manufactured schedule is presented below. Complete the cost of goods manufactured...
An incomplete cost of goods manufactured schedule is presented
below.
Complete the cost of goods manufactured schedule for Sarasota
Company.
SARASOTA
COMPANY
Cost of Goods Manufactured Schedule
December 31, 2017For the Month Ended December 31, 2017For the Year
Ended December 31, 2017
Work in process (1/1)
$213,100
Direct materials
Raw
materials inventory (1/1)
$
Add: Raw
materials purchases
165,650
Total raw
materials available for use
Less: Raw
materials inventory (12/31)
26,990
Direct materials used
$189,070
Direct labor
Manufacturing overhead
Indirect...
An incomplete cost of goods manufactured schedule is presented below. Complete the cost of goods manufactured schedule...
An incomplete cost of goods manufactured schedule is presented
below.
Complete the cost of goods manufactured schedule for Sarasota
Company.
SARASOTA
COMPANY
Cost of Goods Manufactured Schedule
December 31, 2017For the Month Ended December 31, 2017For the Year
Ended December 31, 2017
Work in process (1/1)
$213,100
Direct materials
Raw
materials inventory (1/1)
$
Add: Raw
materials purchases
165,650
Total raw
materials available for use
Less: Raw
materials inventory (12/31)
26,990
Direct materials used
$189,070
Direct labor
Manufacturing overhead
Indirect...
An incomplete cost of goods manufactured schedule is presented below for Cepeda Manufacturing Company for the...
An incomplete cost of goods manufactured schedule is presented below for Cepeda Manufacturing Company for the year ended December 2020: Complete the cost of goods manufactured schedule for Cepeda Manufacturing Company. CEPEDA MANUFACTURING COMPANY Cost of Goods Manufactured Schedule For the Year Ended December 31, 2020 $212,500 $ 166,000 Work in process (1/1) Direct materials Raw materials inventory(1/1) Raw materials purchases Total raw materials available for use Less: Raw materials inventory (12/31) Direct materials used 17,800 $188,000 Direct labour Manufacturing...
An incomplete cost of goods manufactured schedule is presented below for Cepeda Manufacturing Company for the...
An incomplete cost of goods manufactured schedule is presented
below for Cepeda Manufacturing Company for the year ended December
2020:
Complete the cost of goods manufactured schedule for Cepeda
Manufacturing Company.
Complete the cost of goods
manufactured schedule for Cepeda Manufacturing Company.
CEPEDA MANUFACTURING COMPANY Cost of Goods Manufactured Schedule For the Year Ended December 31, 2020 $217,000 Work in process (1/1) Direct materials Raw materials inventory, (1/1) Raw materials purchases 167,000 Total raw materials available for use 18,000 Less:...
I
NEED THIS ASAP, THANK YOU
Logia Manufacturing Company has developed the following information for the year ended December 31, 2002: Work in Process Inventory, December 31 Total manufacturing costs incurred during the year $150,000 660,000 Raw Materials Purchases 190,000 Raw Materials Inventory, December 31 Prime Manufacturing Costs for the year Conversion costs for the year 65,000 350,000 400,000 The Work in Process Inventory on January 1, 2002 was 80% of the Work in Process Inventory on December 31, 2002....
15 Requirements: Prepare the schedule of cost of goods manufactured and cost of goods sold. Data: Raw Materials Inventory, Jan. 1 $10 Raw Materials Inventory, Dec. 31 Work-in-Process Inventory, Jan. 1 Work-in-Process Inventory, Dec. 31 Finished Goods Inventory, Jan. 1 Finished Goods Inventory, Dec. 31 Raw Materials Purchased, incl. freight 30 Direct Labor 40 Manufacturing (factory) Overhead Schedule of Costs of Goods Manufactured Year Ended December 31, 2018 Beginning Work-in-Process Direct Materials Used: Beginning Raw Materials Inventory Purchased of Raw...
From the account balances listed below, prepare a schedule of cost of goods manufactured for Sampson Manufacturing Company for the month ended December 31, 2019. Finished Goods Inventory, December 31 Factory Supervisory Salaries Income Tax Expense Raw Materials Inventory, December 1 Work In Process Inventory, December 31 Sales Salaries Expense Factory Depreciation Expense Finished Goods Inventory, December 1 Raw Materials Purchases Work In Process Inventory, December 1 Factory Utilities Expense Direct Labor Raw Materials Inventory, December 31 Sales Returns and...
Instructions
(A) Prepare
a cost of goods manufactured schedule (below) using the data
ABOVE.
(B)
(Assume all raw materials used were direct
materials.)
P15-4B This data is from the records of Moxie Co. for the year ended December 31, 2017. Raw Materials Inventory 1/1/17 47,000 Factory Insurance 7,400 Raw Materials Inventory 12/31/17 44,200 Factory Mach. Deprec. 7,700 Finished Goods Inventory 1/1/17 85,000 Factory Utilities 12,900 Finished Goods Inventory 12/31/17 57,800 Office Utilities Expense 8,600 Work in Process Inventory...
Exercise 181 Fill in the missing information on the cost of goods manufactured schedule of Noland Manufacturing Company: NOLAND MANUFACTURING COMPANY Cost of Goods Manufactured Schedule For the Year Ended December 31, 2016 Work in process (1/1) Direct materials Raw materials inventory (1/1) $340,000 Raw materials purchases 246,000 Raw materials available for use 37,000 Raw materials inventory (12/31) Direct materials used $255,000 Direct labor Manufacturing overhead Indirect labor Factory depreciation Factory utilities 19,000 38,000 39,000 Total overhead Total manufacturing costs...
An incomplete cost of goods manufactured schedule is presented
below.
Complete the cost of goods manufactured schedule for Sarasota
Company.
SARASOTA
COMPANY
Cost of Goods Manufactured Schedule
December 31, 2017For the Month Ended December 31, 2017For the Year
Ended December 31, 2017
Work in process (1/1)
$213,100
Direct materials
Raw
materials inventory (1/1)
$
Add: Raw
materials purchases
165,650
Total raw
materials available for use
Less: Raw
materials inventory (12/31)
26,990
Direct materials used
$189,070
Direct labor
Manufacturing overhead
Indirect...
An incomplete cost of goods manufactured schedule is presented
below.
Complete the cost of goods manufactured schedule for Sarasota
Company.
SARASOTA
COMPANY
Cost of Goods Manufactured Schedule
December 31, 2017For the Month Ended December 31, 2017For the Year
Ended December 31, 2017
Work in process (1/1)
$213,100
Direct materials
Raw
materials inventory (1/1)
$
Add: Raw
materials purchases
165,650
Total raw
materials available for use
Less: Raw
materials inventory (12/31)
26,990
Direct materials used
$189,070
Direct labor
Manufacturing overhead
Indirect...
An incomplete cost of goods manufactured schedule is presented below for Cepeda Manufacturing Company for the year ended December 2020: Complete the cost of goods manufactured schedule for Cepeda Manufacturing Company. CEPEDA MANUFACTURING COMPANY Cost of Goods Manufactured Schedule For the Year Ended December 31, 2020 $212,500 $ 166,000 Work in process (1/1) Direct materials Raw materials inventory(1/1) Raw materials purchases Total raw materials available for use Less: Raw materials inventory (12/31) Direct materials used 17,800 $188,000 Direct labour Manufacturing...
An incomplete cost of goods manufactured schedule is presented
below for Cepeda Manufacturing Company for the year ended December
2020:
Complete the cost of goods manufactured schedule for Cepeda
Manufacturing Company.
Complete the cost of goods
manufactured schedule for Cepeda Manufacturing Company.
CEPEDA MANUFACTURING COMPANY Cost of Goods Manufactured Schedule For the Year Ended December 31, 2020 $217,000 Work in process (1/1) Direct materials Raw materials inventory, (1/1) Raw materials purchases 167,000 Total raw materials available for use 18,000 Less:...
Most questions answered within 3 hours.
-
An ideal gas ( 2.00 mol) is the working substance in an engine
that operates on...
asked 1 minute from now -
Typing The Answer Is Mandatory
Temperature is a measure of heat. More heat means that more...
asked 52 seconds ago -
Assume you are working with a standard deck of 52 cards. There
are 13 cards (2,...
asked 4 minutes ago -
A cell phone company offers two plans to its subscribers. At the
time new subscribers sign...
asked 3 minutes ago -
Circular distribution
•Suppose two birds are flying, one is flying from the north and
the other...
asked 6 minutes ago -
If tcalc = -2.78, tcrit = 1.96, H0: Mu > Mu0, and Xbar <
Mu0, what...
asked 7 minutes ago -
Write a program that reads a floating point number and prints
“zero” if the number is...
asked 8 minutes ago -
Geoff has been running a restaurant in the city for many years.
He knows from experience...
asked 18 minutes ago -
NaOH is added to a buffer solution composed of C6H5COOH and
C6H5COO―. Which of the following...
asked 10 minutes ago -
please answer all... it all counts as a discussion problem
1a qualitative data and proportions: Suppose...
asked 10 minutes ago -
Program: Write a complete C++ program that is
made of functions main() and rShift(). The rShift()...
asked 18 minutes ago -
Extended exposure can cause hearing loss. Is this
sensorineural hearing loss or conduction hearing loss? Explain....
asked 27 minutes ago