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Assume the following information pertaining to Cub Company: Ending work in process $89,800 Beginning work in...
Assume the following information pertaining to Cub Company: Prime costs $ 202,000 Conversion costs 235,000 Direct...
Assume the following information pertaining to Cub Company: Prime costs $ 202,000 Conversion costs 235,000 Direct materials used 89,900 Beginning work in process 104,300 Ending work in process 83,800 Factory overhead is calculated to be:
Assume the following information pertaining to Cub Company: Prime costs $ 201,500 Conversion costs 234,000 Direct...
Assume the following information pertaining to Cub Company: Prime costs $ 201,500 Conversion costs 234,000 Direct materials used 89,550 Beginning work in process 103,850 Ending work in process 83,600 Direct labor used is calculated to be: 323,550 32500 111950 88550 112950
Assume the following information pertaining to Cub Company: Prime costs $ 196,000 Conversion costs 223,000 Direct...
Assume the following information pertaining to Cub Company: Prime costs $ 196,000 Conversion costs 223,000 Direct materials used 85,700 Beginning work in process 98,900 Ending work in process 81,400 Cost of goods manufactured is calculated to be: 291200 351200 317200 300200 326200
23) Assume the following information pertaining to Cub Company: Prime costs charged to jobs during 2018...
23) Assume the following information pertaining to Cub Company: Prime costs charged to jobs during 2018 $195,000 Conversion costs charged to jobs during 2018 225,000 Direct materials charged to jobs during 2018 | 85,000 |Jan 1, 2018: work in process 100,000 Dec. 31, 2018: work in process 80,000 What is Cub's 2018 cost of goods manufactured? A) $330,000. B) $440,000. C) $290,000. D) $300,000. E) $355,000.
Assume the following information pertaining to Moonbeam Company: Finished goods inventory Work in process inventory Direct...
Assume the following information pertaining to Moonbeam Company: Finished goods inventory Work in process inventory Direct materials Beginning $152,500 100,000 135,750 Ending $144,250 122,750 151, 750 Costs incurred during the period are as follows: Total manufacturing costs Factory overhead Direct materials used $926,000 214,000 168,750 Materials purchases are calculated to be: < Prev 15 of 31 ! Next e to search
Assume the following information pertaining to Moonbeam Company: Finished goods inventory Work in process inventory Direct...
Assume the following information pertaining to Moonbeam Company: Finished goods inventory Work in process inventory Direct materials Beginning $158,500 104,000 140,750 Ending $149,650 127,750 157,550 Costs incurred during the period are as follows: Total manufacturing costs Factory overhead Direct materials used $934,000 218,000 172,150 Cost of goods sold is calculated to be: Multiple Choice O $910.250. $926,100 $932,100 ooo $906,100. O $919,100.
57. During the year, a manufacturing company had the following operating Beginning work-in-process inventory Beginning finished...
57. During the year, a manufacturing company had the following operating Beginning work-in-process inventory Beginning finished goods inventory Direct materials used in production Direct labor Manufacturing overhead incurred Ending work-in-process inventory Ending finished goods inventory S 45,000 $190,000 $308,000 $475,000 $250,000 $ 67,000 $ 89,000 results: Xist o h oear? A. $1,011,000 B. $1,134,000 C. $1,033,000 D. $1,112,000 58. During April, the CJG Manufacturing Company had the following operating Sales revenue Gross margin Ending work-in-process inventory Beginning work-in-process inventory Ending...
Required Information [The following information applies to the questions displayed below) You have been asked by...
Required Information [The following information applies to the questions displayed below) You have been asked by the CEO of Mountaineer Co to assist in analyzing product costs. This analysis is used in Internal decision making and in reporting to investors. The following Tableau Dashboard provides data needed for the analysis Raw Materials Inventories Raw materials, beginning Raw materials purchases Raw materials used Raw materials, ending $0 $25,000 $50,000 $75,000 $100,000 $125,000 $150,000 $175,000 $200,000 Work in Process & Finished Goods...
Information about Morton Company for the month ending December 31, 2018, is as follows: Sales $650,000...
Information about Morton Company for the month ending December 31, 2018, is as follows: Sales $650,000 Cost of goods sold 452,000 Net operating income 35,000 Beginning inventories: Direct materials 50,000 Work in process 42,000 Finished goods 70,000 Ending direct materials is 20 percent smaller than beginning direct materials. Ending work in process is 10 percent more than the beginning work in process. Ending finished goods increased by $11,000 during the year. Prime costs and conversion costs are 70 percent and...
The following info is given in the previous page: Work in process, beginning Units in process.......
The following info is given in the previous page: Work in process, beginning Units in process.... Stage of completion with respect to materials ....... Stage of completion with respect to conversion Costs in the beginning inventory: Materials cost..... Conversion cost 400 70% 90% $1,000 $6,000 9,600 9,200 Units started into production during the month. Units completed and transferred out Costs added to production during the month: Materials cost..... Conversion cost ... $200,000 $300,000 Work in process, ending Units in process...
23) Assume the following information pertaining to Cub Company: Prime costs charged to jobs during 2018 $195,000 Conversion costs charged to jobs during 2018 225,000 Direct materials charged to jobs during 2018 | 85,000 |Jan 1, 2018: work in process 100,000 Dec. 31, 2018: work in process 80,000 What is Cub's 2018 cost of goods manufactured? A) $330,000. B) $440,000. C) $290,000. D) $300,000. E) $355,000.
Assume the following information pertaining to Moonbeam Company: Finished goods inventory Work in process inventory Direct materials Beginning $152,500 100,000 135,750 Ending $144,250 122,750 151, 750 Costs incurred during the period are as follows: Total manufacturing costs Factory overhead Direct materials used $926,000 214,000 168,750 Materials purchases are calculated to be: < Prev 15 of 31 ! Next e to search
Assume the following information pertaining to Moonbeam Company: Finished goods inventory Work in process inventory Direct materials Beginning $158,500 104,000 140,750 Ending $149,650 127,750 157,550 Costs incurred during the period are as follows: Total manufacturing costs Factory overhead Direct materials used $934,000 218,000 172,150 Cost of goods sold is calculated to be: Multiple Choice O $910.250. $926,100 $932,100 ooo $906,100. O $919,100.
57. During the year, a manufacturing company had the following operating Beginning work-in-process inventory Beginning finished goods inventory Direct materials used in production Direct labor Manufacturing overhead incurred Ending work-in-process inventory Ending finished goods inventory S 45,000 $190,000 $308,000 $475,000 $250,000 $ 67,000 $ 89,000 results: Xist o h oear? A. $1,011,000 B. $1,134,000 C. $1,033,000 D. $1,112,000 58. During April, the CJG Manufacturing Company had the following operating Sales revenue Gross margin Ending work-in-process inventory Beginning work-in-process inventory Ending...
Required Information [The following information applies to the questions displayed below) You have been asked by the CEO of Mountaineer Co to assist in analyzing product costs. This analysis is used in Internal decision making and in reporting to investors. The following Tableau Dashboard provides data needed for the analysis Raw Materials Inventories Raw materials, beginning Raw materials purchases Raw materials used Raw materials, ending $0 $25,000 $50,000 $75,000 $100,000 $125,000 $150,000 $175,000 $200,000 Work in Process & Finished Goods...
The following info is given in the previous page: Work in process, beginning Units in process.... Stage of completion with respect to materials ....... Stage of completion with respect to conversion Costs in the beginning inventory: Materials cost..... Conversion cost 400 70% 90% $1,000 $6,000 9,600 9,200 Units started into production during the month. Units completed and transferred out Costs added to production during the month: Materials cost..... Conversion cost ... $200,000 $300,000 Work in process, ending Units in process...
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