How to figure the beginning work in process and the end of year finished goods
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How to figure the beginning work in process and the end of year finished goods amework...
Superior Company provided the following data for the year ended December 31 (all raw materials are used in production as direct materials $ 211. $265.00 Selling expenses Purchases of raw materials Direct labor Administrative expenses Manufacturing overhead applied to work in process Actual manufacturing overhead cost $ $ $ 157, ce 374.000 356.one Inventory balances at the beginning and end of the year were as follows: Beginning of Year $ se, e 39, eee Raw materials Work in process Finished...
Show work please Superior Company provided the following data for the year ended December 31 (all raw materials are used in production as direct materials): $ 213,000 $ 264,000 Selling expenses Purchases of raw materials Direct labor Administrative expenses Manufacturing overhead applied to work in process Actual manufacturing overhead cost $ 160,000 $ 371,000 $352,000 Inventory balances at the beginning and end of the year were as follows: Raw materials Work in process Finished goods Beginning of End of Year...
Problem 3-13 Schedules of Cost of Goods Manufactured and Cost of Goods Sold; Income Statement [LO3-3) Superior Company provided the following data for the year ended December 31 (all raw materials are used in production as direct materials): $ 212,000 $ 264,000 Selling expenses Purchases of raw materials Direct labor Administrative expenses Manufacturing overhead applied to work in process Actual manufacturing overhead cost $ 156,000 $ 370,000 $ 357,000 Inventory balances at the beginning and end of the year were...
Superior Company provided the following data for the year ended December 31 (all raw materials are used in production as direct materials): Selling expenses $ 216,000 Purchases of raw materials $ 268,000 Direct labor ? Administrative expenses $ 153,000 Manufacturing overhead applied to work in process $ 372,000 Actual manufacturing overhead cost $ 358,000 Inventory balances at the beginning and end of the year were as follows: Beginning of Year End of Year Raw materials $ 52,000 $ 38,000 Work...
Superior Company provided the following data for the year ended December 31 (all raw materials are used in production as direct materials) $218,800 selling expenses Purchases of raw materials Direct labor Administrative expenses Manufacturing overhead appl1 Actual manufacturing overhead cost $261,eee $151,eee n process 367,e0e $ 352,e9e Inventory balances at the beginning and end of the year were as follows: . Beginning of Year End of Year ences Raw naterials Work in process Finished goods 34,800 ?25,000 56,800 31,ee The...
Superior Company provided the following data for the year ended December 31 (all raw materials are used in production as direct materials): $ 211,000 $ 269,000 Selling expenses Purchases of raw materials Direct labor Administrative expenses $ 157,000 $ 373,000 $ 354,000 Actual manufacturing overhead cost Inventory balances at the beginning and end of the year were as follows: Raw materials Work in process Finished goods Beginning of Year $ 56,000 ? $ 32,000 End of Year $ 40,000 $...
Prepare an income statement prepare schedule of cost of goods sold Prepare: Superior Company provided the following data for the year ended December 31 (all raw materials are used in production as direct materials): $ 212,000 $ 268,000 ? Selling expenses Purchases of raw materials Direct labor Administrative expenses Manufacturing overhead applied to work in process Actual manufacturing overhead cost $ 153,000 $ 370,000 $ 357,000 Inventory balances at the beginning and end of the year were as follows: Raw...
Superior Company provided the following data for the year ended December 31 (all raw materials are used in production as direct materials): $ 214,000 $ 265,000 Selling expenses Purchases of raw materials Direct labor Administrative expenses Manufacturing overhead applied to work in process Actual manufacturing overhead cost $ 158,000 $ 372,000 $360,000 Inventory balances at the beginning and end of the year were as follows: Raw materials Work in process Finished goods Beginning of End of Year Year $ 57,000...
Superior Company provided the following data for the year ended December 31 (all raw materials are used in production as direct materials): $ 219,000 $ 269,000 Selling expenses Purchases of raw materials Direct labor Administrative expenses Manufacturing overhead applied to work in process Actual manufacturing overhead cost $ 151,000 $376,000 $ 359,000 Inventory balances at the beginning and end of the year were as follows: Raw materials Work in process Finished goods Beginning of End of Year Year $ 52,000...
Problem 3-13 Schedules of Cost of Goods Manufactured and Cost of Goods Sold; Income Statement [LO3-3] Superior Company provided the following data for the year ended December 31 (all raw materials are used in production as direct materials): $ 220,000 $ 269,000 Selling expenses Purchases of raw materials Direct labor Administrative expenses Manufacturing overhead applied to work in process Actual manufacturing overhead cost $ 158,000 $ 370,000 $ 359,000 Inventory balances at the beginning and end of the year were...