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OPTION - $83,650
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The following cost data for the month of May were taken from the records of the...
The following cost data for the month of May were taken from the records of the...
The following cost data for the month of May were taken from the records of the Terrence Manufacturing Company: (CIA adapted) Depreciation on factory equipment $ 1,600 Depreciation on sales office 800 Advertising 7,600 Wages of production workers 27,500 Raw materials used 42,000 Sales salaries and commissions 10,600 Factory rent 2,600 Factory insurance 800 Materials handling 2,100 Administrative salaries 2,600 Based upon this information, the manufacturing cost incurred during the month was:
The following cost data for the month of May were taken from the records of the...
The following cost data for the month of May were taken from the records of the Terrence Manufacturing Company: (CIA adapted) Depreciation on factory equipment Depreciation on sales office Advertising Wages of production workers Raw materials used Sales salaries and commissions Factory rent Factory insurance Materials handling Administrative salaries $ 1,900 950 7,900 29,000 42,000 10,900 2,900 950 2,400 2,900 Based upon this information, the manufacturing cost incurred during the month was:
The following cost data for the month of May were taken from the records of the...
The following cost data for the month of May were taken from the records of the Terrence Manufacturing Company: (CIA adapted) Depreciation on factory equipment $ 1,700 Depreciation on sales office 850 Advertising 7,700 Wages of production workers 28,000 Raw materials used 42,000 Sales salaries and commissions 10,700 Factory rent 2,700 Factory insurance 850 Materials handling 2,200 Administrative salaries 2,700 Based upon this information, the manufacturing cost incurred during the month was: Multiple Choice $79,400. $75,250. $78,300. $77,450.
Accountig Cost 1- La compañía H20 proveyó la siguiente información para diciembre del 2019. $57,900 307,400...
Accountig Cost
1- La compañía H20 proveyó la siguiente información para diciembre del 2019. $57,900 307,400 Work-in-process inventory, 12/31 Finished goods inventory, 1/1 Direct labor costs incurred Manufacturing overhead costs Direct materials inventory, 1/1 Finished goods inventory, 12/31 1,004,300 2,693,400 250,800 511,000 1,750,200 101,000 169,400 Direct materials purchased Work-in-process inventory, 1/1 Direct materials inventory, 12/31 Required: (a) Compute the total manufacturing costs incurred during the year. (b) Compute the total work-in-process during the year. (c) Compute the cost of goods...
P19-4B The following data were taken from the records of Goodman Manufacturing Company for the year...
P19-4B The following data were taken from the records of Goodman Manufacturing Company for the year ended December 31. 2012 $7.400 Raw Materials Factory Insurance Inventory 1/1/12 $47.000 Factory Machinery Raw Materials Depreciation Inventory 12/31/12 44.200 Factory Utilities Finished Goods Office Utilities Expense Inventory 1/1/12 85,000 Sales Finished Goods Sales Discounts Inventory 12/31/12 67,800 Plant Manager's Salary Work in Process Factory Property Taxes Inventory 1/1/12 9,500 Factory Repairs Work in Process Raw Materials Purchases Inventory 12/31/128,000 Cash Direct Labor 145.100...
What is wrong here? The following data were taken from the records of Clarkson Company for...
What is wrong here?
The following data were taken from the records of Clarkson Company for the fiscal year ended June 30, 2020. $4,700 Raw Materials Inventory 7/1/19 $54,600 Raw Materials Inventory 6/30/20 44,200 Finished Goods Inventory 7/1/19 9 6,800 Finished Goods Inventory 6/30/2026,300 Work in Process Inventory 7/1/19 24,600 Work in Process Inventory 6/30/20 29,600 Direct Labor 147,050 Indirect Labor 25,660 Accounts Receivable 35,300 Factory Insurance Factory Machinery Depreciation Factory Utilities Office Utilities Expense Sales Revenue Sales Discounts Plant...
The following cost and inventory data are taken from the accounting records of Mason Company for...
The following cost and inventory data are taken from the accounting records of Mason Company for the year just completed: $ 71,000 121,000 Costs incurred: Direct labour cost Purchases of raw materials Indirect labour Maintenance, factory equipment Advertising expense Insurance, factory equipment Sales salaries Rent, factory facilities Supplies Depreciation, office equipment Depreciation, factory equipment 30,500 6,100 91,000 910 51,000 24,500 4,700 3,600 21,500 Beginning of End of the Year the Year Inventories: Raw materials Work in process Finished goods $...
The following cost and inventory data are taken from the accounting records of Mason Company for...
The following cost and inventory data are taken from the accounting records of Mason Company for the year just completed: $ 81,000 Costs incurred: Direct labour cost Purchases of raw materials Indirect labour Maintenance, factory equipment Advertising expense Insurance, factory equipment Sales salaries Rent, factory facilities Supplies Depreciation, office equipment Depreciation, factory equipment A Beginning of the Year End of the Year Inventories: Raw materials Work in process Finished goods $ 9,100 11,400 24,350 $ 17,600 6,250 39,200 Required: 1....
he following cost and inventory data are taken from the accounting records of Mason Company for...
he following cost and inventory data are taken from the
accounting records of Mason Company for the year just
completed:
Costs incurred:
Direct labor cost
$
83,000
Purchases of raw materials
$
131,000
Manufacturing overhead
$
210,000
Advertising expense
$
46,000
Sales salaries
$
105,000
Depreciation, office equipment
$
228,000
Beginning
of the Year
End of
the Year
Inventories:
Raw materials
$
8,500
$
10,500
Work in
process
$...
Yates Manufacturing Company incurs the following manufacturing costs and expenses during the month of May. 1....
Yates Manufacturing Company incurs the following manufacturing costs and expenses during the month of May. 1. Assembly line wages 2. Raw materials used directly in product 3. Depreciation on office equipment 4. Property taxes on factory building 5. Rent on factory building 6. Sales commissions 7. Depreciation on factory equipment 8. Factory utilities 9. Wages for factory maintenance workers 10. Advertising 11. Indirect materials used in production 12. Factory manager's salary Complete the following matrix by placing an X mark...
The following cost data for the month of May were taken from the records of the Terrence Manufacturing Company: (CIA adapted) Depreciation on factory equipment Depreciation on sales office Advertising Wages of production workers Raw materials used Sales salaries and commissions Factory rent Factory insurance Materials handling Administrative salaries $ 1,900 950 7,900 29,000 42,000 10,900 2,900 950 2,400 2,900 Based upon this information, the manufacturing cost incurred during the month was:
Accountig Cost
1- La compañía H20 proveyó la siguiente información para diciembre del 2019. $57,900 307,400 Work-in-process inventory, 12/31 Finished goods inventory, 1/1 Direct labor costs incurred Manufacturing overhead costs Direct materials inventory, 1/1 Finished goods inventory, 12/31 1,004,300 2,693,400 250,800 511,000 1,750,200 101,000 169,400 Direct materials purchased Work-in-process inventory, 1/1 Direct materials inventory, 12/31 Required: (a) Compute the total manufacturing costs incurred during the year. (b) Compute the total work-in-process during the year. (c) Compute the cost of goods...
P19-4B The following data were taken from the records of Goodman Manufacturing Company for the year ended December 31. 2012 $7.400 Raw Materials Factory Insurance Inventory 1/1/12 $47.000 Factory Machinery Raw Materials Depreciation Inventory 12/31/12 44.200 Factory Utilities Finished Goods Office Utilities Expense Inventory 1/1/12 85,000 Sales Finished Goods Sales Discounts Inventory 12/31/12 67,800 Plant Manager's Salary Work in Process Factory Property Taxes Inventory 1/1/12 9,500 Factory Repairs Work in Process Raw Materials Purchases Inventory 12/31/128,000 Cash Direct Labor 145.100...
What is wrong here?
The following data were taken from the records of Clarkson Company for the fiscal year ended June 30, 2020. $4,700 Raw Materials Inventory 7/1/19 $54,600 Raw Materials Inventory 6/30/20 44,200 Finished Goods Inventory 7/1/19 9 6,800 Finished Goods Inventory 6/30/2026,300 Work in Process Inventory 7/1/19 24,600 Work in Process Inventory 6/30/20 29,600 Direct Labor 147,050 Indirect Labor 25,660 Accounts Receivable 35,300 Factory Insurance Factory Machinery Depreciation Factory Utilities Office Utilities Expense Sales Revenue Sales Discounts Plant...
The following cost and inventory data are taken from the accounting records of Mason Company for the year just completed: $ 71,000 121,000 Costs incurred: Direct labour cost Purchases of raw materials Indirect labour Maintenance, factory equipment Advertising expense Insurance, factory equipment Sales salaries Rent, factory facilities Supplies Depreciation, office equipment Depreciation, factory equipment 30,500 6,100 91,000 910 51,000 24,500 4,700 3,600 21,500 Beginning of End of the Year the Year Inventories: Raw materials Work in process Finished goods $...
The following cost and inventory data are taken from the accounting records of Mason Company for the year just completed: $ 81,000 Costs incurred: Direct labour cost Purchases of raw materials Indirect labour Maintenance, factory equipment Advertising expense Insurance, factory equipment Sales salaries Rent, factory facilities Supplies Depreciation, office equipment Depreciation, factory equipment A Beginning of the Year End of the Year Inventories: Raw materials Work in process Finished goods $ 9,100 11,400 24,350 $ 17,600 6,250 39,200 Required: 1....
he following cost and inventory data are taken from the
accounting records of Mason Company for the year just
completed:
Costs incurred:
Direct labor cost
$
83,000
Purchases of raw materials
$
131,000
Manufacturing overhead
$
210,000
Advertising expense
$
46,000
Sales salaries
$
105,000
Depreciation, office equipment
$
228,000
Beginning
of the Year
End of
the Year
Inventories:
Raw materials
$
8,500
$
10,500
Work in
process
$...
Yates Manufacturing Company incurs the following manufacturing costs and expenses during the month of May. 1. Assembly line wages 2. Raw materials used directly in product 3. Depreciation on office equipment 4. Property taxes on factory building 5. Rent on factory building 6. Sales commissions 7. Depreciation on factory equipment 8. Factory utilities 9. Wages for factory maintenance workers 10. Advertising 11. Indirect materials used in production 12. Factory manager's salary Complete the following matrix by placing an X mark...
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