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Warren Company needs your help in calculating total manufacturing costs for the year. Earl, an accountant...
am 1 Ch13-17 Saved Help Save & E Sube Warren Company needs your help in calculating...
am 1 Ch13-17 Saved Help Save & E Sube Warren Company needs your help in calculating total manufacturing costs for the year, Earl, an accountant that works at Warren Company, has informed you that all materials used were tracable to specific units of product. Calculate total manufacturing cost for the year. Beginning raw materials inventory Raw material purchases Ending raw materials inventory Beginning work in process inventory Ending work in process inventory Direct labor Total factory overhead $15,300 61,000 16,700...
Earl, your manager at Warren Company is asking you to calculate the cost of goods manufactured....
Earl, your manager at Warren Company is asking you to calculate the cost of goods manufactured. Earl has provided you with the following Information: overhead cost is $322,000, direct labor cost is $219,000, cost of the beginning work in process inventory is $63,000, direct materials cost is $353,000, and the ending work in process Inventory is $58,000
Earl, your manager at Warren Company is asking you to calculate the cost of goods manufactured....
Earl, your manager at Warren Company is asking you to calculate the cost of goods manufactured. Earl has provided you with the following information: overhead cost is $321,000, direct labor cost is $218,000, cost of the beginning work in process inventory is $62,000, direct materials cost is $352,000, and the ending work in process inventory is $57,000. Multiple Choice $575,000 $953,000 $891,000 5896.000 $1,010,000
Sales ........ Direct labor ....... Selling & administrative costs Raw materials purchased Manufacturing overhead $72,000 10,000...
Sales ........ Direct labor ....... Selling & administrative costs Raw materials purchased Manufacturing overhead $72,000 10,000 7,000 20,000 13,500 Inventory_ Raw materials .... Work-in-process Finished goods Beginning $10,000 18,000 21,000 Ending $ 5,000 17,000 16,500 What were the total manufacturing costs for September? O $ $25,000 O $43,500 O $49,500 O $48,500 Sales Direct labor Selling & administrative costs Raw materials purchased Manufacturing overhead $72,000 10,000 7,000 20,000 13,500 Inventory Raw materials Work-in-process Finished goods Beginning $10,000 18,000 21,000 Ending...
eston Help Justine Industries is calculating its Cost of Goods Manufactured at year-end. Justine's accounting records...
eston Help Justine Industries is calculating its Cost of Goods Manufactured at year-end. Justine's accounting records show the following. The Raw Materials Inventory account had a beginning balance of $15,000 and an ending balance of $12,000. During the year, the company purchased $59,000 of direct materials. Direct labor for the year totaled $115,000, while manufacturing overhead amounted to $155,000. The Work in Process Inventory account had a beginning balance of $30,000 and an ending balance of $21,000. Assume that Raw...
Root Shoe Company makes loafers. During the most recent year, Root incurred total manufacturing costs of...
Root Shoe Company makes loafers. During the most recent year, Root incurred total manufacturing costs of $26,300,000. Of this amount, $2,000,000 was direct materials used and $19,800,000 was direct labor. Beginning balances for the year were Direct Materials, $700,000; Work-in-Process Inventory, $1,500,000; and Finished Goods Inventory, $400,000. At the end of the year, balances were Direct Materials, $800,000; Work-in-Process Inventory, $1,200,000; and Finished Goods Inventory, $600,000. Read the requirements. Ending Direct Materials 800,000 $ 2,100,000 Purchases Requirement 2. Analyze the...
Best Shoe Company makes loafers. During the most recent year, Best incurred total manufacturing costs of...
Best Shoe Company makes loafers. During the most recent year, Best incurred total manufacturing costs of $24,100,000. Of this amount, $1,900,000 was direct materials used and $17,800,000 was direct labor. Beginning balances for the year were Direct Materials, $800,000; Work-in-Process Inventory, $1,400,000; and Finished Goods Inventory, $1,200,000. At the end of the year, balances were Direct Materials, $900,000; Work-in-Process Inventory, $1,300,000; and Finished Goods Inventory, $1,210,000 Read the requirements. Requirement 1. Analyze the inventory accounts to determine the cost of...
The following cost data relate to the manufacturing activities of Chang Company during the just completed...
The following cost data relate to the manufacturing activities of Chang Company during the just completed year: $ 17,000 150,000 10,000 90,000 147,000 12,000 $426,000 Manufacturing overhead costs incurred: Indirect materials Indirect labor Property taxes, factory Utilities, factory Depreciation, factory Insurance, factory Total actual manufacturing overhead costs incurred Other costs incurred: Purchases of raw materials (both direct and indirect) Direct labor cost Inventories: Raw materials, beginning Raw materials, ending Work in process, beginning Work in process, ending $420,000 $ 80,000...
Root Shoe Company makes loafers. During the host recent year, Root incurred total manufacturing costs of...
Root Shoe Company makes loafers. During the host recent year, Root incurred total manufacturing costs of $26,300,000. Of this amount. $2,000,000 was direct materials used and $19,800,000 was direct labor. Beginning balances for the year were Direct Materials, S700,000; Work-in-Process Inventory: $1,500,000, and Finished Goods Inventory. $400,000. At the end of the year, balances were Direct Materials, $800,000; Work-in-Process Inventory, $1,200,000, and Finished Goods Inventory, $600,000 Read the requirements Requirement 1. Analyze the inventory accounts to determine the cost of...
Current Attempt in Progress Given the following data for Glennon Company, compute (A) total manufacturing costs...
Current Attempt in Progress Given the following data for Glennon Company, compute (A) total manufacturing costs and (B) costs of goods manufactured: $180000 $40000 110000 20000 Direct materials used Direct labor Manufacturing overhead Operating expenses Beginning work in process Ending work in process Beginning finished goods Ending finished goods 160000 50000 260000 30000 (A) (B) O $450000 $470000 O $470000 $490000 O $430000 $470000 o fi E pe here to search Question 9 of 10 < -11 View Policies Current...
am 1 Ch13-17 Saved Help Save & E Sube Warren Company needs your help in calculating total manufacturing costs for the year, Earl, an accountant that works at Warren Company, has informed you that all materials used were tracable to specific units of product. Calculate total manufacturing cost for the year. Beginning raw materials inventory Raw material purchases Ending raw materials inventory Beginning work in process inventory Ending work in process inventory Direct labor Total factory overhead $15,300 61,000 16,700...
Earl, your manager at Warren Company is asking you to calculate the cost of goods manufactured. Earl has provided you with the following Information: overhead cost is $322,000, direct labor cost is $219,000, cost of the beginning work in process inventory is $63,000, direct materials cost is $353,000, and the ending work in process Inventory is $58,000
Earl, your manager at Warren Company is asking you to calculate the cost of goods manufactured. Earl has provided you with the following information: overhead cost is $321,000, direct labor cost is $218,000, cost of the beginning work in process inventory is $62,000, direct materials cost is $352,000, and the ending work in process inventory is $57,000. Multiple Choice $575,000 $953,000 $891,000 5896.000 $1,010,000
Sales ........ Direct labor ....... Selling & administrative costs Raw materials purchased Manufacturing overhead $72,000 10,000 7,000 20,000 13,500 Inventory_ Raw materials .... Work-in-process Finished goods Beginning $10,000 18,000 21,000 Ending $ 5,000 17,000 16,500 What were the total manufacturing costs for September? O $ $25,000 O $43,500 O $49,500 O $48,500 Sales Direct labor Selling & administrative costs Raw materials purchased Manufacturing overhead $72,000 10,000 7,000 20,000 13,500 Inventory Raw materials Work-in-process Finished goods Beginning $10,000 18,000 21,000 Ending...
eston Help Justine Industries is calculating its Cost of Goods Manufactured at year-end. Justine's accounting records show the following. The Raw Materials Inventory account had a beginning balance of $15,000 and an ending balance of $12,000. During the year, the company purchased $59,000 of direct materials. Direct labor for the year totaled $115,000, while manufacturing overhead amounted to $155,000. The Work in Process Inventory account had a beginning balance of $30,000 and an ending balance of $21,000. Assume that Raw...
Root Shoe Company makes loafers. During the most recent year, Root incurred total manufacturing costs of $26,300,000. Of this amount, $2,000,000 was direct materials used and $19,800,000 was direct labor. Beginning balances for the year were Direct Materials, $700,000; Work-in-Process Inventory, $1,500,000; and Finished Goods Inventory, $400,000. At the end of the year, balances were Direct Materials, $800,000; Work-in-Process Inventory, $1,200,000; and Finished Goods Inventory, $600,000. Read the requirements. Ending Direct Materials 800,000 $ 2,100,000 Purchases Requirement 2. Analyze the...
Best Shoe Company makes loafers. During the most recent year, Best incurred total manufacturing costs of $24,100,000. Of this amount, $1,900,000 was direct materials used and $17,800,000 was direct labor. Beginning balances for the year were Direct Materials, $800,000; Work-in-Process Inventory, $1,400,000; and Finished Goods Inventory, $1,200,000. At the end of the year, balances were Direct Materials, $900,000; Work-in-Process Inventory, $1,300,000; and Finished Goods Inventory, $1,210,000 Read the requirements. Requirement 1. Analyze the inventory accounts to determine the cost of...
The following cost data relate to the manufacturing activities of Chang Company during the just completed year: $ 17,000 150,000 10,000 90,000 147,000 12,000 $426,000 Manufacturing overhead costs incurred: Indirect materials Indirect labor Property taxes, factory Utilities, factory Depreciation, factory Insurance, factory Total actual manufacturing overhead costs incurred Other costs incurred: Purchases of raw materials (both direct and indirect) Direct labor cost Inventories: Raw materials, beginning Raw materials, ending Work in process, beginning Work in process, ending $420,000 $ 80,000...
Root Shoe Company makes loafers. During the host recent year, Root incurred total manufacturing costs of $26,300,000. Of this amount. $2,000,000 was direct materials used and $19,800,000 was direct labor. Beginning balances for the year were Direct Materials, S700,000; Work-in-Process Inventory: $1,500,000, and Finished Goods Inventory. $400,000. At the end of the year, balances were Direct Materials, $800,000; Work-in-Process Inventory, $1,200,000, and Finished Goods Inventory, $600,000 Read the requirements Requirement 1. Analyze the inventory accounts to determine the cost of...
Current Attempt in Progress Given the following data for Glennon Company, compute (A) total manufacturing costs and (B) costs of goods manufactured: $180000 $40000 110000 20000 Direct materials used Direct labor Manufacturing overhead Operating expenses Beginning work in process Ending work in process Beginning finished goods Ending finished goods 160000 50000 260000 30000 (A) (B) O $450000 $470000 O $470000 $490000 O $430000 $470000 o fi E pe here to search Question 9 of 10 < -11 View Policies Current...
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