Homework Answers
Direct Material used for the year = Beginning raw material inventory + Raw material purchase - ending raw material inventory
=$16900 + $61700 -$18300
=$60300 (Non of option is Correct)
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...
LW 6 Form 5 KRONOS Login 1 Ch13-17 Seved Help Save & Exit Submit Platinum company...
LW 6 Form 5 KRONOS Login 1 Ch13-17 Seved Help Save & Exit Submit Platinum company has hired a new cost accountant Help the new cost accountant calculate cost of goods sold for the period, January 1 to December 31 Sales revenues for the period Operating expenses for the period Finished Goods Inventory, January 1 Finished Goods Inventory, December 31 Cost of goods manufactured for the period $1,311,000 246,000 43,000 48,000 547,000 Multiple Choice O $542,000 $427,000 $783.000 $788,000. Next...
pter 2 Saved Help Save & Exit Check $ 13,000 140,000 153,000 8,000 Direct materials: Raw...
pter 2 Saved Help Save & Exit Check $ 13,000 140,000 153,000 8,000 Direct materials: Raw materials inventory, beginning Add: Purchases of raw materials Raw materials available for use Deduct: Raw materials inventory, ending Raw materials used in production Direct labour Manufacturing overhead: Depreciation, factory Insurance, factory Maintenance, factory $ 145,000 85,000 29,000 5,600 85,000 13,000 11,000 13,500 157.100 387,100 Supplies, factory Utilities, factory Indirect labour Total overhead costs Total manufacturing costs Add: Work in process inventory, beginning Total work...
Help Save & Exit Saved apter 26 The following data (in thousands of dollars) have been...
Help Save & Exit Saved apter 26 The following data (in thousands of dollars) have been taken from the accounting records of Karling Corporation for the just completed year Sales Raw materials inventory, beginning Raw materials inventory, ending Purchases of raw materials Direct labour Manufacturing overhead Administrative expenses Selling expenses Work in process inventory, beginning Work in process inventory, ending Finished goods inventory, beginning Finished goods inventory, ending $990 $40 $70 $120 $200 $230 $150 $140 $70 $50 $120 $160...
Ejercicios Saved Help Required information [The following information applies to the questions displayed below! The following...
Ejercicios Saved Help Required information [The following information applies to the questions displayed below! The following data is provided for Garcon Company and Pepper Company. Beginning finished goods inventory Beginning work in process inventory Beginning raw materials inventory (direct materials) Rental cost on factory equipment Direct labor Ending finished goods inventory Ending work in process inventory Ending raw materials inventory Factory utilities Factory supplies used (indirect materials) General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses...
TB MC Qu. 14-156 Current information for the... Current information for the Healey Company follows: Beginning...
TB MC Qu. 14-156 Current information for the... Current information for the Healey Company follows: 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 $16,500 61,300 17,900 23,700 29,300 44,100 31,300 All raw materials used were traceable to specific units of product. Healey Company's direct materials used for the year is: Multiple Choice O $79.200 O $77.800 < Prev 5 of 10 !!...
Saved Required information [The following information applies to the questions displayed below) The following data is...
Saved Required information [The following information applies to the questions displayed below) The following data is provided for Garcon Company and Pepper Company. Beginning finished goods inventory Beginning work in process inventory Beginning raw materials inventory (direct materials) Rental cost on factory equipment Direct labor Ending finished goods inventory Ending work in process inventory Ending raw materials inventory Factory utilities Factory supplies used indirect materials) General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash...
Homework Saved Help Save Exercise 3-7 Applying Overhead; Cost of Goods Manufactured (LO3-3, LO3-4) The following...
Homework Saved Help Save Exercise 3-7 Applying Overhead; Cost of Goods Manufactured (LO3-3, LO3-4) The following cost data relate to the manufacturing activities of Chang Company during the just completed year $ 16,500 145,000 9.500 85,000 231.700 11,500 $ 499,200 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,...
ALC02889694 Online (Fall 2020) Connect 13 quiz16 Saved Help Save & Exit Submit Tyare Corporation had...
ALC02889694 Online (Fall 2020) Connect 13 quiz16 Saved Help Save & Exit Submit Tyare Corporation had the following inventory balances at the beginning and end of May: May 1 May 30 Raw materials $27,500 $34,000 Finished Goods $77,000 $70,000 Work in Process $15,500 $16,808 09:48 During May, $60,500 in raw materials (all direct materials) were drawn from inventory and used in production. The company's predetermined overhead rate was $12 per direct labor-hour, and it paid its direct labor workers $15...
Saved Help Save & Exit Dacosta Corporation had only one job in process on May 1....
Saved Help Save & Exit Dacosta Corporation had only one job in process on May 1. The job had been charged with $2,600 of direct materials, $6,966 of direct labor, and $10,16 of manufacturing overhead cost. The company assigns overhead cost to jobs using the predetermined overhead rate of $20.00 per direct labor-hour. During May, the following activity was recorded: $ 9,300 $38,800 $40,100 Raw materials (all direct materials): Beginning balance Purchased during the month Used in production Labor: Direct...
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...
LW 6 Form 5 KRONOS Login 1 Ch13-17 Seved Help Save & Exit Submit Platinum company has hired a new cost accountant Help the new cost accountant calculate cost of goods sold for the period, January 1 to December 31 Sales revenues for the period Operating expenses for the period Finished Goods Inventory, January 1 Finished Goods Inventory, December 31 Cost of goods manufactured for the period $1,311,000 246,000 43,000 48,000 547,000 Multiple Choice O $542,000 $427,000 $783.000 $788,000. Next...
pter 2 Saved Help Save & Exit Check $ 13,000 140,000 153,000 8,000 Direct materials: Raw materials inventory, beginning Add: Purchases of raw materials Raw materials available for use Deduct: Raw materials inventory, ending Raw materials used in production Direct labour Manufacturing overhead: Depreciation, factory Insurance, factory Maintenance, factory $ 145,000 85,000 29,000 5,600 85,000 13,000 11,000 13,500 157.100 387,100 Supplies, factory Utilities, factory Indirect labour Total overhead costs Total manufacturing costs Add: Work in process inventory, beginning Total work...
Help Save & Exit Saved apter 26 The following data (in thousands of dollars) have been taken from the accounting records of Karling Corporation for the just completed year Sales Raw materials inventory, beginning Raw materials inventory, ending Purchases of raw materials Direct labour Manufacturing overhead Administrative expenses Selling expenses Work in process inventory, beginning Work in process inventory, ending Finished goods inventory, beginning Finished goods inventory, ending $990 $40 $70 $120 $200 $230 $150 $140 $70 $50 $120 $160...
Ejercicios Saved Help Required information [The following information applies to the questions displayed below! The following data is provided for Garcon Company and Pepper Company. Beginning finished goods inventory Beginning work in process inventory Beginning raw materials inventory (direct materials) Rental cost on factory equipment Direct labor Ending finished goods inventory Ending work in process inventory Ending raw materials inventory Factory utilities Factory supplies used (indirect materials) General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses...
TB MC Qu. 14-156 Current information for the... Current information for the Healey Company follows: 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 $16,500 61,300 17,900 23,700 29,300 44,100 31,300 All raw materials used were traceable to specific units of product. Healey Company's direct materials used for the year is: Multiple Choice O $79.200 O $77.800 < Prev 5 of 10 !!...
Saved Required information [The following information applies to the questions displayed below) The following data is provided for Garcon Company and Pepper Company. Beginning finished goods inventory Beginning work in process inventory Beginning raw materials inventory (direct materials) Rental cost on factory equipment Direct labor Ending finished goods inventory Ending work in process inventory Ending raw materials inventory Factory utilities Factory supplies used indirect materials) General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash...
Homework Saved Help Save Exercise 3-7 Applying Overhead; Cost of Goods Manufactured (LO3-3, LO3-4) The following cost data relate to the manufacturing activities of Chang Company during the just completed year $ 16,500 145,000 9.500 85,000 231.700 11,500 $ 499,200 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,...
ALC02889694 Online (Fall 2020) Connect 13 quiz16 Saved Help Save & Exit Submit Tyare Corporation had the following inventory balances at the beginning and end of May: May 1 May 30 Raw materials $27,500 $34,000 Finished Goods $77,000 $70,000 Work in Process $15,500 $16,808 09:48 During May, $60,500 in raw materials (all direct materials) were drawn from inventory and used in production. The company's predetermined overhead rate was $12 per direct labor-hour, and it paid its direct labor workers $15...
Saved Help Save & Exit Dacosta Corporation had only one job in process on May 1. The job had been charged with $2,600 of direct materials, $6,966 of direct labor, and $10,16 of manufacturing overhead cost. The company assigns overhead cost to jobs using the predetermined overhead rate of $20.00 per direct labor-hour. During May, the following activity was recorded: $ 9,300 $38,800 $40,100 Raw materials (all direct materials): Beginning balance Purchased during the month Used in production Labor: Direct...
Most questions answered within 3 hours.
-
Assume Kw = 1.01 ✕ 10−14
For pure water, we can calculate [H3O+ ] = [OH...
asked 6 minutes ago -
Suppose that on a temperature scale X, water boils at 203.0°X
and freezes at -105.7°X. What...
asked 56 minutes ago -
BaS crystallizes in a cubic unit cell with S2- ions on each
corner and each face....
asked 1 hour ago -
A. 0≤P(Oi)≤10≤P(Oi)≤1 for each i
B. P(Oi)≤0P(Oi)≤0
C. P(Oi)=1+P(OCi)P(Oi)=1+P(OiC)
D. P(Oi)≥1P(Oi)≥1
If an experiment consists of...
asked 3 hours ago -
A battery has an emf of 9.20V and an internal resistance of 1.20
ohm. a)What resistance...
asked 2 hours ago -
The area of an elastic circular loop decreases at a constant
rate, dA/dt = −6.60×10−3 m2/s...
asked 4 hours ago -
The denaturation of proteins can be described by the
equilibrium
F⇌U
where F and U represent...
asked 5 hours ago -
Please answer what the maximum and minimum force is, and the
angle on the ion is...
asked 5 hours ago -
implement a program that reads a number of rows and a symbol.
The program will draw...
asked 5 hours ago -
Assume that when adults with smartphones are randomly selected,
45% use them in meetings or classes....
asked 5 hours ago -
Determine the number of formula units of
Na2SO4 and moles of oxygen contained in 8.11
moles...
asked 5 hours ago -
Explain in steps on the following code
What would be the output when executed
using System;...
asked 6 hours ago