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During March, the following costs were incurred for each job: Oak Poplar Magnolia Direct materials $1,200...
Sway With the Breeze, LLC builds custom treehouses. On March 1, 2 jobs were in process:...
Sway With the Breeze, LLC builds custom treehouses. On March
1, 2 jobs were in process: Oak, with a beginning balance of
$12,000, and Poplar, with a beginning balance of $8,600. During
March, two other jobs were started: Magnolia and Pine. During
March, Oak and Magnolia were sold at cost plus 30%. Poplar and
Pine remained in process at month end.
During March, the following costs were incurred for each job: Oak Poplar Magnolia Direct materials $1,200 $8,000 $2,100 Direct...
Sway With the Breeze, LLC builds custom treehouses. On March 1, 2 jobs were in process:...
Sway With the Breeze, LLC builds custom treehouses. On March 1, 2 jobs were in process: Oak, with a beginning balance of $12,000, and Poplar, with a beginning balance of $8,600. During March, two other jobs were started: Magnolia and Pine. During March, Oak and Magnolia were sold at cost plus 30%. Poplar and Pine remained in process at month end. During March, the following costs were incurred for each job: Oak Poplar Magnolia Pine Direct materials $1,200 $8,000 $2,100...
Angry Birds, Inc. designs and builds retaining walls for individual customers. On August 1, 2 jobs...
Angry Birds, Inc. designs and builds retaining walls for individual customers. On August 1, 2 jobs were in process: Level 1 with a beginning balance of $12,000 and Level 2 with a beginning balance of $8,600. During August, Level 3 and Level 4 were started. Levels 1 and 2 were sold at cost plus 30% during August. All other jobs remained in process at month end. The company applies manufacturing overhead at a rate of $9 per direct labor hour....
Angry Birds, Inc. designs and builds retaining walls for individual customers. On August 1, 2 jobs...
Angry Birds, Inc. designs and builds retaining walls for individual customers. On August 1, 2 jobs were in process: Level 1 with a beginning balance of $12,000 and Level 2 with a beginning balance of $8,600. During August, Level 3 and Level 4 were started. Levels 1 and 2 were sold at cost plus 30% during August. All other jobs remained in process at month end. The company applies manufacturing overhead at a rate of $9 per direct labor hour....
Angry Birds, Inc. designs and builds retaining walls for individual customers. On August 1, 2 jobs...
Angry Birds, Inc. designs and builds retaining walls for individual customers. On August 1, 2 jobs were in process: Level 1 with a beginning balance of $12,000 and Level 2 with a beginning balance of $8,600. During August, Level 3 and Level 4 were started. Levels 1 and 2 were sold at cost plus 30% during August. All other jobs remained in process at month end. The company applies manufacturing overhead at a rate of $9 per direct labor hour....
Angry Birds, Inc. designs and builds retaining walls for individual customers. On August 1, 2 jobs...
Angry Birds, Inc. designs and builds retaining walls for individual customers. On August 1, 2 jobs were in process: Level 1 with a beginning balance of $12,000 and Level 2 with a beginning balance of $8,600. During August, Level 3 and Level 4 were started. Levels 1 and 2 were sold at cost plus 30% during August. All other jobs remained in process at month end. The company applies manufacturing overhead at a rate of $11 per direct labor hour....
Angry Birds, Inc. designs and builds retaining walls for individual customers. On August 1, 2 jobs...
Angry Birds, Inc. designs and builds retaining walls for individual customers. On August 1, 2 jobs were in process: Level 1 with a beginning balance of $12,000 and Level 2 with a beginning balance of $8,600. During August, Level 3 and Level 4 were started. Levels 1 and 2 were sold at cost plus 30% during August. All other jobs remained in process at month end. The company applies manufacturing overhead at a rate of $9 per direct labor hour....
Angry Birds, Inc. designs and builds retaining walls for individual customers. On August 1, 2 jobs...
Angry Birds, Inc. designs and builds retaining walls for individual customers. On August 1, 2 jobs were in process: Level 1 with a beginning balance of $12,000 and Level 2 with a beginning balance of $8,600. During August, Level 3 and Level 4 were started. Levels 1 and 2 were sold at cost plus 40% during August. All other jobs remained in process at month end. The company applies manufacturing overhead at a rate of $9 per direct labor hour....
Weatherhead Inc. has provided the following data for the month of March. There were no beginning...
Weatherhead Inc. has provided the following data for the month of March. There were no beginning inventories; consequently, the direct materials, direct labor, and manufacturing overhead applied listed below are all for the current month. Work In Process Finished Goods Cost of Goods Sold Total Direct materials $ 4,240 $ 14,720 $ 41,560 $ 60,520 Direct labor 9,800 29,440 83,840 123,080 Manufacturing overhead applied 5,830 10,570 34,980 51,380 Total $ 19,870 $ 54,730 $ 160,380 $ 234,980 Manufacturing overhead for...
A company uses the following standard costs to produce a single unit of output. Direct materials...
A company uses the following standard costs to produce a single unit of output. Direct materials Direct labor Manufacturing overhead 6 pounds at $1.2 per pound 0.40 hour at $10.00 per hour 0.40 hour at $4.90 per hour -$7.20 - $4.00 -$1.96 During the latest month, the company purchased and used 56,000 pounds of direct materials at a price of $1.50 per pound to produce 10,000 units of output. Direct labor costs for the month totaled $35,616 based on 3,710...
Sway With the Breeze, LLC builds custom treehouses. On March
1, 2 jobs were in process: Oak, with a beginning balance of
$12,000, and Poplar, with a beginning balance of $8,600. During
March, two other jobs were started: Magnolia and Pine. During
March, Oak and Magnolia were sold at cost plus 30%. Poplar and
Pine remained in process at month end.
During March, the following costs were incurred for each job: Oak Poplar Magnolia Direct materials $1,200 $8,000 $2,100 Direct...
Sway With the Breeze, LLC builds custom treehouses. On March 1, 2 jobs were in process: Oak, with a beginning balance of $12,000, and Poplar, with a beginning balance of $8,600. During March, two other jobs were started: Magnolia and Pine. During March, Oak and Magnolia were sold at cost plus 30%. Poplar and Pine remained in process at month end. During March, the following costs were incurred for each job: Oak Poplar Magnolia Pine Direct materials $1,200 $8,000 $2,100...
Angry Birds, Inc. designs and builds retaining walls for individual customers. On August 1, 2 jobs were in process: Level 1 with a beginning balance of $12,000 and Level 2 with a beginning balance of $8,600. During August, Level 3 and Level 4 were started. Levels 1 and 2 were sold at cost plus 30% during August. All other jobs remained in process at month end. The company applies manufacturing overhead at a rate of $9 per direct labor hour....
Angry Birds, Inc. designs and builds retaining walls for individual customers. On August 1, 2 jobs were in process: Level 1 with a beginning balance of $12,000 and Level 2 with a beginning balance of $8,600. During August, Level 3 and Level 4 were started. Levels 1 and 2 were sold at cost plus 30% during August. All other jobs remained in process at month end. The company applies manufacturing overhead at a rate of $11 per direct labor hour....
Angry Birds, Inc. designs and builds retaining walls for individual customers. On August 1, 2 jobs were in process: Level 1 with a beginning balance of $12,000 and Level 2 with a beginning balance of $8,600. During August, Level 3 and Level 4 were started. Levels 1 and 2 were sold at cost plus 30% during August. All other jobs remained in process at month end. The company applies manufacturing overhead at a rate of $9 per direct labor hour....
A company uses the following standard costs to produce a single unit of output. Direct materials Direct labor Manufacturing overhead 6 pounds at $1.2 per pound 0.40 hour at $10.00 per hour 0.40 hour at $4.90 per hour -$7.20 - $4.00 -$1.96 During the latest month, the company purchased and used 56,000 pounds of direct materials at a price of $1.50 per pound to produce 10,000 units of output. Direct labor costs for the month totaled $35,616 based on 3,710...
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