Raw material used = 2900+17600-3000 = 17500
Total manufacturing cost = 17500+22600+19000 = 59100
Cost of goods manufactured = 4700+59100-8300 = 55500
So answer is d) $55500
The following information is available for Rawlings, Inc. As of January 1, 2016 During 2016 As...
Exercise 14-14 a-c The following information is available for Aikman Company January 1, 2020 2020 Raw materials inventory $26,010 Work in process inventory 18,560 Finished goods inventory 28,900 Materials purchased $155,770 Direct labor 224,700 Manufacturing overhead 182,460 Sales revenue 905,040 December 31, 2020 $34,130 19,620 24,050 Your answer is partially correct. Try again. Compute cost of goods manufactured. Alkman Company Cost of Goods Manufactured Schedule 18560 work-in -Process Inventory, 1/2 "Direct Materials Raw Materials Inventory, 1/1 Materials Purchased Materials Available...
The following information is available for Riverbed
Company.
January 1, 2017
2017
December 31, 2017
Raw materials inventory
$25,160
$35,610
Work in process inventory
15,070
18,280
Finished goods inventory
27,770
23,410
Materials purchased
$154,800
Direct labor
223,070
Manufacturing overhead
182,060
Sales revenue
905,590
(a)
Compute cost of goods manufactured.
Riverbed Company
Cost of Goods Manufactured Schedule
Cost
of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials
UsedManufacturing OverheadMaterials Available for UseRaw Materials
Inventory, 1/1Raw Materials Inventory, 12/31Materials
PurchasedTotal Cost of Work-in-ProcessTotal Manufacturing
CostsWork-in-Process,...
The following information is available for The NewQuest Corporation for 2016: Inventories January 1 December 31 Materials $78,650 $93,450 Work in process 108,000 96,000 Finished goods 114,750 109,800 December 31 Advertising expense $ 68,600 Depreciation expense-office equipment 21,250 Depreciation expense-factory equipment 14,640 Direct labor 185,050 Heat, light, and power-factory 5,250 Indirect labor 23,600 Materials purchased 124,800 Office salaries expense 76,900 Property taxes-factory 4,080 Property taxes-office building 13,250 Rent expense-factory 6,925 Sales 863,000 Sales salaries expense 137,500 Supplies-factory 3,250 Miscellaneous costs-factory...
Required information The following selected account balances are provided for Delray Mfg. Sales Raw materials inventory, Dec. 31, 2016 Work in process inventory, Dec. 31, 2016 Finished goods inventory, Dec. 31, 2016 Raw materials purchases Direct labor Factory computer supplies used Indirect labor Repairs-Factory equipment Rent cost of factory building Advertising expense General and administrative expenses Raw materials inventory, Dec. 31, 2017 Work in process inventory, Dec. 31, 2017 Finished goods inventory, Dec. 31, 2017 $ 1,387,000 39,000 59,200 69,900...
The following information is available for Aikman Company January 1, 2017 $25,760 17,120 27,190 2017 December 31,2017 $ 32,660 18,650 22,380 Raw materials inventory Work in process inventory Finished goods inventory Materials purchased Direct labor Manufacturing overhead Sales revenue $154,290 225,040 181,220 902,490 Compute cost of goods manufactured. Aikman Company Cost of Goods Manufactured Schedule
The following information is available for Marigold Company. January 1, 2017 2017 December 31, 2017 Raw materials inventory $25,330 $33,190 Work in process inventory 15,170 19,680 Finished goods inventory 21,530 28,340 Materials purchased $152,300 Direct labor 223,050 Manufacturing overhead 183,600 Sales revenue 902.420 (a) Compute cost of goods manufactured Marigold Company Cost of Goods Manufactured Schedule $
The following information is available for Aikman Company. January 1, 20172017December 31, 2017 Raw materials inventory Work in process inventory Finished goods inventory Materials purchased Direct labor Manufacturing overhead Sales revenue $26,010 18,560 28,900 $34,130 19,620 24,050 $155,770 224,700 182,460 905,040 Compute cost of goods manufactured.
Required information Use the following information for the Exercises below. The following selected account balances are provided for Delray Mfg. Sales $1,309,000 Raw materials inventory, Dec. 31, 2016 42,000 Work in process inventory, Dec. 31, 55,600 2016 Finished goods inventory, Dec. 31, 2016 65, 100 Raw materials purchases 170,400 Direct labor 241,000 Factory computer supplies used 23,000 Indirect labor 43,000 Repairs-Factory equipment 5,250 Rent cost of factory building 54,000 Advertising expense 84,000 General and administrative expenses 139,000 Raw materials inventory,...
The following information is available for Swifty Company. January 1, 2017 2017 December 31, 2017 Raw materials inventory $24,010 $32,140 20,240 Work in process inventory 17,050 Finished goods inventory 30,430 25,020 Materials purchased $153,770 Direct labor 222,040 Manufacturing overhead 184,810 Sales revenue 905,270 Cost of Goods Manufactured Schedule
The following information is available for Aikman Company. 2020 January 1, 2020 $23,680 16,120 29,410 December 31, 2020 $31,650 18,470 21,410 Raw materials inventory Work in process inventory Finished goods inventory Materials purchased Direct labor Manufacturing overhead Sales revenue $153,280 221,550 184.550 903.450 Compute cost of goods manufactured. Aikman Company Cost of Goods Manufactured Schi We were unable to transcribe this image