Homework Answers
Answer:
Beginning Raw Materials + Purchases - Ending Raw Materials = Raw Materials Used
$55,000 + Purchases - $58,000 = $116,000
Purchases - $3,000 = $116,000
Purchases = $119,000
Add Answer to:
The following information relates to the manufacturing operations of the JNR Printing Company for the year:...
TB MC Qu. 14-140 The following information relates... The following information relates to the manufacturing operations...
TB MC Qu. 14-140 The following information relates... The following information relates to the manufacturing operations of the Abbra Publishing Company for the year: Beginning $565,000 Ending $628,000 Raw materials inventory The raw materials used in manufacturing during the year totaled $1,108,000. Raw materials purchased during the year amount to: Multiple Choice O s1p45,роо. О ѕ982 ооо. оооо О ѕtsapoo. O saвoooo < Prev 6 of 10 Next > materials used in manufacturing during the year totaled $1,108,000. Raw materials...
The following information relates to the manufacturing operations : Beginning Ending Raw materials inventory $ 61,000...
The following information relates to the manufacturing operations : Beginning Ending Raw materials inventory $ 61,000 $ 64,000 Finished goods 72,000 64,000 The raw materials used in manufacturing during the year totaled $122,000. Raw materials purchased during the year amount to:
4) The ending inventory of finished goods has a total cost of $9,000 and consists of...
4) The ending inventory of finished goods has a total cost of $9,000 and consists of 600 units. If the overhead applied to these goods is $3.000, and the overhead rate is 75% of direct labor, how much direct materials cost was incurred in producing these units? A) $9,000. B) $6,000. C) $3,750. D) $2,000. E) $4,000. The following information relates to the manufacturing operations of the JNR Printing Company for the year: Raw materials inventory Finished goods Beginning $...
1. Boursaw Corporation has provided the following data concerning last month’s operations. 2. Boursaw Corporation has...
1. Boursaw Corporation has provided the following data
concerning last month’s operations.
2. Boursaw Corporation has provided the following data
concerning last month’s operations.
3. Boursaw Corporation has provided the following data
concerning last month’s operations.
4. Boursaw Corporation has provided the following data
concerning last month’s operations.
$33,000 Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor cost Manufacturing overhead applied to Work in Process Underapplied overhead $ 4,000 $58,000 $78,000 $ 5,000 Beginning Ending Raw...
Question 1: The information below relates to Guzzardi Manufacturing Company. (Assume that all raw materials are...
Question 1: The information below relates to Guzzardi Manufacturing Company. (Assume that all raw materials are direct materials.) Purchases of raw materials ..... Direct labor cost... Selling costs (total) ........ Administrative costs (total) Manufacturing overhead costs (total) .... Raw materials inventory, beginning ....... Work in process inventory, beginning... Finished goods inventory, beginning Raw materials inventory, ending......... Work in process inventory, ending.......... Finished goods inventory, ending............. $362.000 $207.000 $61,000 $84,000 $775.000 $37,000 $19.000 $62,000 $44,000 $3,000 $77,000 Required: What is Guzzardi's...
34) Wowo Company reported the following year-end Information, beginning work in process inventory, $180,000; cost o...
34) Wowo Company reported the following year-end Information, beginning work in process inventory, $180,000; cost of goods manufactured, 5866.000, beginning finished goods Inventory, $252,000; ending work in process inventory. $220,000, and ending finished goods inventory, $264,000. Wowo Company's cost of goods sold for the year is a $854,000. b. $878,000 c. $826,000 d. $602,000. 35) Sir Company reported the following year-end information: Beginning work in process inventory $2.000.000 Beginning raw materials inventory 1,300,000 Ending work in process inventory 900,000 Ending...
Goodrow Industries is calculating its Cost of Goods Manufactured at year-end. Goodrow's accounting records show the...
Goodrow Industries is calculating its Cost of Goods Manufactured at year-end. Goodrow's accounting records show the following: The Raw Materials Inventory account had a beginning balance of $15,000 and an ending balance of $13,000. During the year, the company purchased $55,000 of direct materials. Direct labor for the year totaled $116,000, while manufacturing overhead amounted to $162,000. The Work in Process Inventory account had a beginning balance of $24,000 and an ending balance of $23,000. Assume that Raw Materials Inventory...
franklin corporation has provided the following dats concerning last months operations. Purchase of raw materials $26,000...
franklin corporation has provided the following dats concerning last months operations. Purchase of raw materials $26,000 indiredt materials included in manufacturing overhead $6000 direct labor cost $58,000 manufacturing overhead applied to Work In Process. $97,000 Beginning Ending raw materials inventory $11,000 $17,000 work in process inventory $52,000 $66,000 How much is cost of goods manufactured for the month on the Schedule of Cost of Good Manufactured? multiple choice A) $175,000 B) $221,000 C) $155,000 D) $169,000
Bottum Corporation, a manufacturing Corporation, has provided date concerning its operations for May. The beginning balance...
Bottum Corporation, a manufacturing Corporation, has provided date concerning its operations for May. The beginning balance in the raw materials account was $29,500 and the ending balance was $55,000, Raw materials purchases during the month totaled $82,000. Manufacturing overhead cost incurred during the month was $120,500, of which $3,900 consisted of raw materials classified as Indirect materials. The direct materials cost for May was: Multiple Choice $52,600 $56,500 $107.500 $82,000
Donnyelle Industries is calculating its Cost of Goods Manufactured at year-end. Donnyelle's accounting records show the...
Donnyelle Industries is calculating its Cost of Goods Manufactured at year-end. Donnyelle's accounting records show the following: The Raw Materials Inventory account had a beginning balance of $18,000 and an ending balance of $21,000. During the year, the company purchased $58,000 of direct materials. Direct labor for the year totaled $116,000, while manufacturing overhead amounted to 5163,000. The Work in Process Inventory account had a beginning balance of S26,000 and an ending balance of 519,000. Assume that Raw Materials Inventory...
TB MC Qu. 14-140 The following information relates... The following information relates to the manufacturing operations of the Abbra Publishing Company for the year: Beginning $565,000 Ending $628,000 Raw materials inventory The raw materials used in manufacturing during the year totaled $1,108,000. Raw materials purchased during the year amount to: Multiple Choice O s1p45,роо. О ѕ982 ооо. оооо О ѕtsapoo. O saвoooo < Prev 6 of 10 Next > materials used in manufacturing during the year totaled $1,108,000. Raw materials...
4) The ending inventory of finished goods has a total cost of $9,000 and consists of 600 units. If the overhead applied to these goods is $3.000, and the overhead rate is 75% of direct labor, how much direct materials cost was incurred in producing these units? A) $9,000. B) $6,000. C) $3,750. D) $2,000. E) $4,000. The following information relates to the manufacturing operations of the JNR Printing Company for the year: Raw materials inventory Finished goods Beginning $...
1. Boursaw Corporation has provided the following data
concerning last month’s operations.
2. Boursaw Corporation has provided the following data
concerning last month’s operations.
3. Boursaw Corporation has provided the following data
concerning last month’s operations.
4. Boursaw Corporation has provided the following data
concerning last month’s operations.
$33,000 Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor cost Manufacturing overhead applied to Work in Process Underapplied overhead $ 4,000 $58,000 $78,000 $ 5,000 Beginning Ending Raw...
Question 1: The information below relates to Guzzardi Manufacturing Company. (Assume that all raw materials are direct materials.) Purchases of raw materials ..... Direct labor cost... Selling costs (total) ........ Administrative costs (total) Manufacturing overhead costs (total) .... Raw materials inventory, beginning ....... Work in process inventory, beginning... Finished goods inventory, beginning Raw materials inventory, ending......... Work in process inventory, ending.......... Finished goods inventory, ending............. $362.000 $207.000 $61,000 $84,000 $775.000 $37,000 $19.000 $62,000 $44,000 $3,000 $77,000 Required: What is Guzzardi's...
34) Wowo Company reported the following year-end Information, beginning work in process inventory, $180,000; cost of goods manufactured, 5866.000, beginning finished goods Inventory, $252,000; ending work in process inventory. $220,000, and ending finished goods inventory, $264,000. Wowo Company's cost of goods sold for the year is a $854,000. b. $878,000 c. $826,000 d. $602,000. 35) Sir Company reported the following year-end information: Beginning work in process inventory $2.000.000 Beginning raw materials inventory 1,300,000 Ending work in process inventory 900,000 Ending...
Goodrow Industries is calculating its Cost of Goods Manufactured at year-end. Goodrow's accounting records show the following: The Raw Materials Inventory account had a beginning balance of $15,000 and an ending balance of $13,000. During the year, the company purchased $55,000 of direct materials. Direct labor for the year totaled $116,000, while manufacturing overhead amounted to $162,000. The Work in Process Inventory account had a beginning balance of $24,000 and an ending balance of $23,000. Assume that Raw Materials Inventory...
Bottum Corporation, a manufacturing Corporation, has provided date concerning its operations for May. The beginning balance in the raw materials account was $29,500 and the ending balance was $55,000, Raw materials purchases during the month totaled $82,000. Manufacturing overhead cost incurred during the month was $120,500, of which $3,900 consisted of raw materials classified as Indirect materials. The direct materials cost for May was: Multiple Choice $52,600 $56,500 $107.500 $82,000
Donnyelle Industries is calculating its Cost of Goods Manufactured at year-end. Donnyelle's accounting records show the following: The Raw Materials Inventory account had a beginning balance of $18,000 and an ending balance of $21,000. During the year, the company purchased $58,000 of direct materials. Direct labor for the year totaled $116,000, while manufacturing overhead amounted to 5163,000. The Work in Process Inventory account had a beginning balance of S26,000 and an ending balance of 519,000. Assume that Raw Materials Inventory...
Most questions answered within 3 hours.
-
R2.84: There are 2 defective products in a production lot of 10.
An inspector randomly selected...
asked 1 hour ago -
Consider the following equilibrium system: COCl2(g) CO(g) +
Cl2(g) A 10.00 L evacuated flask is filled...
asked 1 hour ago -
1) What are the two distinct steps that one needs to perform
when developing a data...
asked 1 hour ago -
2) Write a C++ program that uses a class called “Degree” to
obtain the trigonometric
values...
asked 2 hours ago -
1. In eukaryotic cells the genomes of
&
asked 2 hours ago -
The standard enthalpy of propanol (C3H7OH) is -303.0 kJ/mol.
Compute both of the
gross and net...
asked 2 hours ago -
Why PWM using H-bridge for control motor speed is more power
effiecient than the linear amplifier...
asked 3 hours ago -
In 1999, Carly Fiorina famously said,"I hope that we are at a
point that everyone is...
asked 3 hours ago -
Individuals in a species of moth vary in wing color from white to
black, but all...
asked 3 hours ago -
The following standards for variable manufacturing overhead have
been established for a company that makes only...
asked 3 hours ago -
The United States government wanted to determine what proportion
of Americans approve of the current president,...
asked 3 hours ago -
2-N stone is dropped from the top of a cliff. The stone hits the
ground 3...
asked 3 hours ago