Homework Answers
c) $153,000
Adjusted cost of goods sold = Beginning finished goods inventory + Cost of goods manufactured - Ending finished goods inventory + Underapplied overhead
Adjusted cost of goods sold = $32,000 + $160,000 - $44,000 + $5,000
Adjusted cost of goods sold = $153,000
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8) Pembroke Corporation has provided the following data concerning last month's operations (4 pts). Cost of...
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials...
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Underapplied overhead $32,000 $ 4,850 $59,900 $88,700 $ 4,030 Inventories Raw materials Work in process Finished goods Beginning $ 11,900 $ 55,400 $ 34,600 Ending $ 19,400 $ 65,500 $ 44,000 Required: 1. Prepare a schedule of cost of goods manufactured for the month 2. Prepare a schedule of...
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchase of raw materials...
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Gurtner Corporation has provided the following data concerning last month's operations. Cost of goods manufactured Underapplied...
Gurtner Corporation has provided the following data concerning last month's operations. Cost of goods manufactured Underapplied overhead $170,000 $ 4,000 Finished goods inventory Beginning Ending $ 33,000 $40,000 Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold. How much is the unadjusted cost of goods sold on the Schedule of Cost of Goods Sold? Multiple Choice $170,000 $167,000 $163,000 $203.000
1. Boursaw Corporation has provided the following data concerning last month’s operations. 2. Boursaw Corporation has...
1. Boursaw Corporation has provided the following data
concerning last month’s operations.
2. Boursaw Corporation has provided the following data
concerning last month’s operations.
3. Boursaw Corporation has provided the following data
concerning last month’s operations.
4. Boursaw Corporation has provided the following data
concerning last month’s operations.
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Panther Corporation has provided the following data concerning last month's operations. Purchases of raw materials$32,000 Indirect...
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19) Boursaw Corporation has provided the following data concerning last month's operations. Purchases of raw materials...
19) Boursaw Corporation has provided the following data concerning last month's operations. Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor cost Manufacturing overhead applied to Work in Process Underapplied overhead $ 33,000 $ 4,000 $ 58,000 $ 78,000 $ 5,000 Raw materials inventory Work in process inventory Finished goods inventory Beginning Ending $ 10,000 $ 15,000 $ 56,000 $ 72,000 $ 41,000 $ 49,000 Any underapplied or overapplied manufacturing overhead is closed out to cost of...
Primare Corporation has provided the following data concerning last month's manufacturing operations Purchases of raw materials...
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19) Boursaw Corporation has provided the following data concerning last month's operations. Purchases of raw materials...
19) Boursaw Corporation has provided the following data concerning last month's operations. Purchases of raw materials $33,000 Indirect materials included in manufacturing overheads 4,000 Direct labor cost $58,000 Manufacturing overhead applied to Work in Process $78,000 Underapplied overhead 5,000 Beginning Ending Raw materials inventory S 10,000$15,000 Work in process inventory s 56,000/s 72,000 Finished goods inventory S 41,000 49,000 Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold. How much is the adjusted cost of...
Weyant Corporation has provided the following data concerning last month's operations. Direct materials $ 18,000 Direct...
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Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials...
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials used in production Direct labor Manufacturing overhead applied to work in process Underapplied overhead $31,000 $ 4,770 $58,400 $87,000 $ 4,080 Inventories Raw materials Work in process Finished goods Beginning $ 10,600 $ 54,700 $ 33,200 Ending $ 18,800 $ 65,300 $ 43,300 Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare a schedule of cost...
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Underapplied overhead $32,000 $ 4,850 $59,900 $88,700 $ 4,030 Inventories Raw materials Work in process Finished goods Beginning $ 11,900 $ 55,400 $ 34,600 Ending $ 19,400 $ 65,500 $ 44,000 Required: 1. Prepare a schedule of cost of goods manufactured for the month 2. Prepare a schedule of...
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1. Boursaw Corporation has provided the following data
concerning last month’s operations.
2. Boursaw Corporation has provided the following data
concerning last month’s operations.
3. Boursaw Corporation has provided the following data
concerning last month’s operations.
4. Boursaw Corporation has provided the following data
concerning last month’s operations.
$33,000 Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor cost Manufacturing overhead applied to Work in Process Underapplied overhead $ 4,000 $58,000 $78,000 $ 5,000 Beginning Ending Raw...
19) Boursaw Corporation has provided the following data concerning last month's operations. Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor cost Manufacturing overhead applied to Work in Process Underapplied overhead $ 33,000 $ 4,000 $ 58,000 $ 78,000 $ 5,000 Raw materials inventory Work in process inventory Finished goods inventory Beginning Ending $ 10,000 $ 15,000 $ 56,000 $ 72,000 $ 41,000 $ 49,000 Any underapplied or overapplied manufacturing overhead is closed out to cost of...
Primare Corporation has provided the following data concerning last month's manufacturing operations Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Underapplied overhead $32,000 $ 4,970 $59,700 $88,100 $ 4,070 Inventories Beginning Ending Raw materials $11,500 $18,500 Work irn process Finished goods $34,100 $43,100 $55,500 $67,100 Required: 1. Prepare a schedule of cost of goods manufactured for the month 2. Prepare a schedule of cost of goods sold for the...
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