Homework Answers
Dear Student, Thanks for Using Chegg, Please find below the answer and give a thumbs up.
| Schedule of cost of goods manufactured | |
| Raw materials used in production | 750 |
| Add: Direct labor cost | 250 |
| Manufacturing overhead applied (150% of direct costs) | 1500 |
| Total manufacturing costs | 2500 |
| Add: Beginning work in process | 250 |
| Total cost of work in process | 2750 |
| Less :Ending work in process | 125 |
| Cost of goods manufactured | 2625 |
Add Answer to:
850 40 750 30 100 90 Version N-Z Use the following data to prepare a schedule...
Prepare the cost of goods manufactured schedule. $ Raw materials purchased Beginning raw materials Direct materials...
Prepare the cost of goods manufactured schedule.
$ Raw materials purchased Beginning raw materials Direct materials used Indirect materials requested Indirect labor Utilities - administration area Utilities - factory area Rent - adminstration Rent - factory Taxes - administration Taxes-factory Other factory Other manufacturing overhead actual Direct labor Manufacturing overhead applied at 150% of direct costs Beginning WIP Ending WIP Beginning finished good Ending finished goods 850 40 750 30 100 90 200 100 200 200 500 500 75 250...
Raw materials purchased $ 850 Beginning raw materials &nbs
Raw materials purchased $ 850 Beginning raw materials 40 Direct materials used 750 Indirect materials requested 30 Indirect labor 100 Utilities - administration area 90 Utilities - factory area 200 Rent - adminstration 100 Rent - factory 200 Taxes - administration 200 Taxes - factory 500 Other - factory 500 Other manufacturing overhead actual 75 Direct labor 250 Manufacturing overhead applied at 150% of direct costs 125% Beginning WIP 250 Ending WIP 125 Beginning finished good 20 Ending finished goods 15...
Prepare the cost of goods manufactured. Please keep in mind this is my second time posting...
Prepare the cost of goods manufactured.
Please keep in mind this is my second time posting this question
because the first answer was incorrect.
$ Raw materials purchased Beginning raw materials Direct materials used Indirect materials requested Indirect labor Utilities - administration area Utilities - factory area Rent - adminstration Rent - factory Taxes - administration Taxes-factory Other factory Other manufacturing overhead actual Direct labor Manufacturing overhead applied at 150% of direct costs Beginning WIP Ending WIP Beginning finished good...
Raw materials purchased $ 900 Beginning raw materials 50 Direct materials used 790 Indire
Raw materials purchased $ 900 Beginning raw materials 50 Direct materials used 790 Indirect materials requested 35 Indirect labor 150 Utilities - administration area 99 Utilities - factory area 210 Rent - adminstration 100 Rent - factory 250 Taxes - administration 200 Taxes - factory 400 Other - factory 550 Other manufacturing overhead actual 75 Direct labor 250 Manufacturing overhead applied at 150% of direct costs 125% Beginning WIP 260 Ending WIP 125 Beginning finished good 20 Ending finished goods...
raw materials purchased $ 900 Beginning raw materials 50 Direct materials used 790 Indire
raw materials purchased $ 900 Beginning raw materials 50 Direct materials used 790 Indirect materials requested 35 Indirect labor 150 Utilities - administration area 99 Utilities - factory area 210 Rent - adminstration 100 Rent - factory 250 Taxes - administration 200 Taxes - factory 400 Other - factory 550 Other manufacturing overhead actual 75 Direct labor 250 Manufacturing overhead applied at 150% of direct costs 125% Beginning WIP 260 Ending WIP 125 Beginning finished good 20 Ending finished goods...
15 Requirements: Prepare the schedule of cost of goods manufactured and cost of goods sold. Data:...
15 Requirements: Prepare the schedule of cost of goods manufactured and cost of goods sold. Data: Raw Materials Inventory, Jan. 1 $10 Raw Materials Inventory, Dec. 31 Work-in-Process Inventory, Jan. 1 Work-in-Process Inventory, Dec. 31 Finished Goods Inventory, Jan. 1 Finished Goods Inventory, Dec. 31 Raw Materials Purchased, incl. freight 30 Direct Labor 40 Manufacturing (factory) Overhead Schedule of Costs of Goods Manufactured Year Ended December 31, 2018 Beginning Work-in-Process Direct Materials Used: Beginning Raw Materials Inventory Purchased of Raw...
Need help preparing the schedule of cost of goods manufactured for the current year ended December...
Need help preparing the
schedule of cost of goods manufactured for the current year ended
December 31.
The following selected account balances are provided for Delray Mfg. Sales Raw materials inventory, beginning Work in process inventory, beginning Finished goods inventory, beginning Raw materials purchases Direct labor Factory supplies used (indirect materials) Indirect labor Repairs-Factory equipment Rent cost of factory building Advertising expense General and administrative expenses Raw materials inventory, ending Work in process inventory, ending Finished goods inventory, ending $...
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: 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 $ 15,500 135,000 8,500 75,000 230,700 10,500 $ 475,200 $ 405,000...
Instructions (A) Prepare a cost of goods manufactured schedule (below) using the data ABOVE. (B) ...
Instructions
(A) Prepare
a cost of goods manufactured schedule (below) using the data
ABOVE.
(B)
(Assume all raw materials used were direct
materials.)
P15-4B This data is from the records of Moxie Co. for the year ended December 31, 2017. Raw Materials Inventory 1/1/17 47,000 Factory Insurance 7,400 Raw Materials Inventory 12/31/17 44,200 Factory Mach. Deprec. 7,700 Finished Goods Inventory 1/1/17 85,000 Factory Utilities 12,900 Finished Goods Inventory 12/31/17 57,800 Office Utilities Expense 8,600 Work in Process Inventory...
Clipboard Font E67 _ - ABCD 40 Complete the cost of Goods Manufatured Schedule 41 Direct...
Clipboard Font E67 _ - ABCD 40 Complete the cost of Goods Manufatured Schedule 41 Direct materials 42 1 Beginning Raw materials inv 43 2 Raw materials purchases 44 3 Total raw materials available 45 4 Less: End Raw materials inv 46 5 Direct materials used 47 6 Direct labor 48 49 8 Total manufacturing overhead 50 9 Total manufacturing costs 51 10 Beginning Work in process, 1/1 52 11 Total cost of work in process 53 12 Less: Work...
Prepare the cost of goods manufactured schedule.
$ Raw materials purchased Beginning raw materials Direct materials used Indirect materials requested Indirect labor Utilities - administration area Utilities - factory area Rent - adminstration Rent - factory Taxes - administration Taxes-factory Other factory Other manufacturing overhead actual Direct labor Manufacturing overhead applied at 150% of direct costs Beginning WIP Ending WIP Beginning finished good Ending finished goods 850 40 750 30 100 90 200 100 200 200 500 500 75 250...
Prepare the cost of goods manufactured.
Please keep in mind this is my second time posting this question
because the first answer was incorrect.
$ Raw materials purchased Beginning raw materials Direct materials used Indirect materials requested Indirect labor Utilities - administration area Utilities - factory area Rent - adminstration Rent - factory Taxes - administration Taxes-factory Other factory Other manufacturing overhead actual Direct labor Manufacturing overhead applied at 150% of direct costs Beginning WIP Ending WIP Beginning finished good...
15 Requirements: Prepare the schedule of cost of goods manufactured and cost of goods sold. Data: Raw Materials Inventory, Jan. 1 $10 Raw Materials Inventory, Dec. 31 Work-in-Process Inventory, Jan. 1 Work-in-Process Inventory, Dec. 31 Finished Goods Inventory, Jan. 1 Finished Goods Inventory, Dec. 31 Raw Materials Purchased, incl. freight 30 Direct Labor 40 Manufacturing (factory) Overhead Schedule of Costs of Goods Manufactured Year Ended December 31, 2018 Beginning Work-in-Process Direct Materials Used: Beginning Raw Materials Inventory Purchased of Raw...
Need help preparing the
schedule of cost of goods manufactured for the current year ended
December 31.
The following selected account balances are provided for Delray Mfg. Sales Raw materials inventory, beginning Work in process inventory, beginning Finished goods inventory, beginning Raw materials purchases Direct labor Factory supplies used (indirect materials) Indirect labor Repairs-Factory equipment Rent cost of factory building Advertising expense General and administrative expenses Raw materials inventory, ending Work in process inventory, ending Finished goods inventory, ending $...
The following cost data relate to the manufacturing activities of Chang Company during the just completed year: 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 $ 15,500 135,000 8,500 75,000 230,700 10,500 $ 475,200 $ 405,000...
Instructions
(A) Prepare
a cost of goods manufactured schedule (below) using the data
ABOVE.
(B)
(Assume all raw materials used were direct
materials.)
P15-4B This data is from the records of Moxie Co. for the year ended December 31, 2017. Raw Materials Inventory 1/1/17 47,000 Factory Insurance 7,400 Raw Materials Inventory 12/31/17 44,200 Factory Mach. Deprec. 7,700 Finished Goods Inventory 1/1/17 85,000 Factory Utilities 12,900 Finished Goods Inventory 12/31/17 57,800 Office Utilities Expense 8,600 Work in Process Inventory...
Clipboard Font E67 _ - ABCD 40 Complete the cost of Goods Manufatured Schedule 41 Direct materials 42 1 Beginning Raw materials inv 43 2 Raw materials purchases 44 3 Total raw materials available 45 4 Less: End Raw materials inv 46 5 Direct materials used 47 6 Direct labor 48 49 8 Total manufacturing overhead 50 9 Total manufacturing costs 51 10 Beginning Work in process, 1/1 52 11 Total cost of work in process 53 12 Less: Work...
Most questions answered within 3 hours.
-
A farmer wants to compare the tastiness and juiciness of
tomatoes grown with three amounts of...
asked 32 minutes ago -
What is facilitated diffusion and how does it differ from
symport and antiport transportation? How do...
asked 1 hour ago -
if a firm producing 100 units at $5.00 each experience
an 80% experience curve, what will...
asked 1 hour ago -
A solid, uniform disk of radius 0.250 m and mass 53.7 kg rolls
down a ramp...
asked 4 hours ago -
Given the following table of high speed internet access vs.
annual home income:
Home Income
%...
asked 4 hours ago -
A baseball batter hits a 0.145kg baseball straight up into the
air. The baseball leaves the...
asked 5 hours ago -
An FM modulator is tested using
single-tone baseband signal with frequency of 50kHz and a sprectrum...
asked 5 hours ago -
Write the ionic equations for the first stage of salts
hydrolysis.
Anion, Cation?
Na2S
NiSO4
K2SO4...
asked 6 hours ago -
suppose there is a normally distributed population with a mean of
250 and a standard deviation...
asked 7 hours ago -
Question Three
Suppose you as project manager are using the Waterfall
development methodology on a large...
asked 8 hours ago -
Which statement is not true about welfare in Canada?
A.Benefits typically vary based on one's ability...
asked 9 hours ago -
Please help me with FLOWCHART and UML diagram for class,
thank you!
#include <iostream>
#include <fstream>...
asked 9 hours ago