Homework Answers
Add Answer to:
- TSCC 24... Sign In DPS Verrus UK Parking... Online Editor - Gra... 2 aniel ment...
An analysis of the accounts of KAZ Manufacturing Pty Ltd reveals the following manufacturing cost data...
An analysis of the accounts of KAZ Manufacturing Pty Ltd reveals the following manufacturing cost data for the month ended 30 June 2019. Beginning Ending $ 14000 10000 16 000 $22 200 18000 12 000 Inventories: Raw materials Work in process Finished goods Costs incurred: Raw materials purchases Direct labour Manufacturing overhead Specific overhead costs: Indirect labour Factory insurance Machinery depreciation Machinery repairs Factory utilities Miscellaneous factory costs 128 000 100 000 60 000 31 200 8 000 8 000...
GRA the previous controller left the company with little notice and left the accounting records in...
GRA the previous controller left the company with little notice and left the accounting records in disarray. Ron needs the ending inventory balances to report first quarter numbers. For the previous month (March 2011) Ron was able to piece together the following information: Direct materials purchased Work-in-process inventory, 3/1/2011 Direct materials inventory, 3/1/2011 Finished goods inventory, 3/1/2011 Conversion Costs Total manufacturing costs added during the period $840,000 Cost of goods manufactured Gross margin as a percentage of revenues Revenues (Q3)...
Required: Supply the missing data in the following cases. Each case is independent of the others....
Required: Supply the missing data in the following cases. Each case is independent of the others. Case 2 5,000 $ 3,500 6,500 $ 3,500 4,500 5,500 $ 7,500 4,500 9,500 5,500 19.000 3,000 20,500 3,500 2,250 1,500 3,250 18,500 Direct materials Direct labour Manufacturing overhead Total manufacturing costs Beginning work-in-process inventory Ending work-in-process inventory Cost of goods manufactured Sales Beginning finished goods inventory Cost of goods manufactured Goods available for sale Ending finished goods inventory Cost of goods sold Gross...
PART A An analysis of the accounts of KAZ Manufacturing Pty Ltd reveals the following manufacturing...
PART A An analysis of the accounts of KAZ Manufacturing Pty Ltd reveals the following manufacturing cost data for the month ended 30 June 2019. Beginning Ending $ 14000 10000 16000 $22 200 18000 12000 Inventories: Raw materials Work in process Finished goods Costs incurred: Raw materials purchases Direct labour Manufacturing overhead Specific overhead costs: Indirect labour Factory insurance Machinery depreciation Machinery repairs Factory utilities Miscellaneous factory costs 128 000 100 000 60 000 31 200 8000 8000 3600 6200...
Problem 2-1 The following information is available for Sipacore, Inc. for the fiscal year ending December...
Problem 2-1
The following information is available for Sipacore, Inc. for the
fiscal year ending December 31, 2017:
Beginning balance in Work in Process Inventory
$230,000
Ending balance in Work in Process Inventory
280,000
Beginning balance in Finished Goods Inventory
450,000
Ending balance in Finished Goods Inventory
380,000
Direct material cost
2,840,000
Direct labor cost
2,860,000
Manufacturing overhead
1,700,000
Selling and administrative expenses
1,310,000
Sales
8,560,000
Prepare a schedule of cost of goods manufactured.
Sipacore, Inc.
Schedule of Cost of...
Chapter 2 - Learning Activity 1 1) Eschliman Manufacturing Company had the following account balances for...
Chapter 2 - Learning Activity 1 1) Eschliman Manufacturing Company had the following account balances for the quarter ending September 30, unless otherwise noted: Amortization of manufacturing equipment Amortization of office equipment Direct manufacturing labour $88,000 41,200 160,000- Direct materials used 126,000 Finished goods inventory (July 1) Finished goods inventory (September 30) General office expenses 180,000 170,000 101,800 Indirect manufacturing labour 62,000 Indirect materials used 28,000 Marketing distribution costs Miscellaneous plant overhead 10,000' 45,000 Plant utilities 30,800 Property taxes on...
Name: Emma Boughner ACCT 2550 - Tutorial Handout: January 14, 2020 (Chapter 2) Question 1: Lompac...
Name: Emma Boughner ACCT 2550 - Tutorial Handout: January 14, 2020 (Chapter 2) Question 1: Lompac Products Ltd. manufactures a variety of products in its factory. Data for the most recent month of operations is below: 120.000 0,000 Beginning Raw Materials inventory Purchases of Raw Materials Ending Material Direct Labour 245.000 $ $ 0.00 Masacturing Overhead Beginning Work in Process inventory Ending Work in Process o ry $ 210.000 $ 30.000 Required: Complete the following schedule of cost of goods...
The following information was taken from the accounting records of Elliott Manufacturing Corp. Unfortunately, some of...
The following information was taken from the accounting records of Elliott Manufacturing Corp. Unfortunately, some of the data were destroyed by a computer malfunction. Sales Revenue $ 65,500 Finished Goods Inventory, Beginning 11,500 Finished Goods Inventory, Ending 8,000 Cost of Goods Sold ? Gross Margin 31,500 Direct Materials Used 11,500 Selling and Administrative Expense ? Operating Income 16,000 Work-in-Process Inventory, Beginning ? Work-in-Process Inventory, Ending 6,500 Direct Labor Used 9,750 Factory Overhead 13,000 Total Manufacturing Cost ? Cost of Goods...
The following shows the Schedule of Direct Materials Used, Cost of Goods Manufactured Cost of Goods...
The following shows the Schedule of Direct Materials Used, Cost of Goods Manufactured Cost of Goods Sold and Income Statement. Fill in the missing amounts for blanks 11 to 18 below. Beginning inventory, raw material. ..............11. ? Ending inventory, raw material .................. Purchase of raw material ...... 100,000 Direct material used. ... 70,000 Direct labour ......... ..................12. Manufacturing overhead ........ 250,000 Total manufacturing costs ........ 520,000 Beginning inventory, work in process.......... 35,000 Ending inventory, work in process .............. 13. Cost...
Please check my answers. Problem 2-24 Schedule of Cost of Goods Manufactured; Income Statement; Cost Behaviour...
Please check my
answers.
Problem 2-24 Schedule of Cost of Goods Manufactured; Income Statement; Cost Behaviour (LO1, LO2, LO3, LO4, LO5) Carlton Manufacturing Company provided the following details about operations in February: $ Purchases of raw materials Maintenance, factory Direct labour Depreciation, factory equipment Indirect materials, factory Selling and administrative salaries Utilities, factory Sales commissions Insurance, factory equipment Depreciation, sales equipment Advertising expenses Rent, factory building 169,000 40,900 35, 100 60,200 3,650 46,400 28,600 18,800 4,650 22,600 114,000 The company...
An analysis of the accounts of KAZ Manufacturing Pty Ltd reveals the following manufacturing cost data for the month ended 30 June 2019. Beginning Ending $ 14000 10000 16 000 $22 200 18000 12 000 Inventories: Raw materials Work in process Finished goods Costs incurred: Raw materials purchases Direct labour Manufacturing overhead Specific overhead costs: Indirect labour Factory insurance Machinery depreciation Machinery repairs Factory utilities Miscellaneous factory costs 128 000 100 000 60 000 31 200 8 000 8 000...
GRA the previous controller left the company with little notice and left the accounting records in disarray. Ron needs the ending inventory balances to report first quarter numbers. For the previous month (March 2011) Ron was able to piece together the following information: Direct materials purchased Work-in-process inventory, 3/1/2011 Direct materials inventory, 3/1/2011 Finished goods inventory, 3/1/2011 Conversion Costs Total manufacturing costs added during the period $840,000 Cost of goods manufactured Gross margin as a percentage of revenues Revenues (Q3)...
Required: Supply the missing data in the following cases. Each case is independent of the others. Case 2 5,000 $ 3,500 6,500 $ 3,500 4,500 5,500 $ 7,500 4,500 9,500 5,500 19.000 3,000 20,500 3,500 2,250 1,500 3,250 18,500 Direct materials Direct labour Manufacturing overhead Total manufacturing costs Beginning work-in-process inventory Ending work-in-process inventory Cost of goods manufactured Sales Beginning finished goods inventory Cost of goods manufactured Goods available for sale Ending finished goods inventory Cost of goods sold Gross...
PART A An analysis of the accounts of KAZ Manufacturing Pty Ltd reveals the following manufacturing cost data for the month ended 30 June 2019. Beginning Ending $ 14000 10000 16000 $22 200 18000 12000 Inventories: Raw materials Work in process Finished goods Costs incurred: Raw materials purchases Direct labour Manufacturing overhead Specific overhead costs: Indirect labour Factory insurance Machinery depreciation Machinery repairs Factory utilities Miscellaneous factory costs 128 000 100 000 60 000 31 200 8000 8000 3600 6200...
Problem 2-1
The following information is available for Sipacore, Inc. for the
fiscal year ending December 31, 2017:
Beginning balance in Work in Process Inventory
$230,000
Ending balance in Work in Process Inventory
280,000
Beginning balance in Finished Goods Inventory
450,000
Ending balance in Finished Goods Inventory
380,000
Direct material cost
2,840,000
Direct labor cost
2,860,000
Manufacturing overhead
1,700,000
Selling and administrative expenses
1,310,000
Sales
8,560,000
Prepare a schedule of cost of goods manufactured.
Sipacore, Inc.
Schedule of Cost of...
Name: Emma Boughner ACCT 2550 - Tutorial Handout: January 14, 2020 (Chapter 2) Question 1: Lompac Products Ltd. manufactures a variety of products in its factory. Data for the most recent month of operations is below: 120.000 0,000 Beginning Raw Materials inventory Purchases of Raw Materials Ending Material Direct Labour 245.000 $ $ 0.00 Masacturing Overhead Beginning Work in Process inventory Ending Work in Process o ry $ 210.000 $ 30.000 Required: Complete the following schedule of cost of goods...
The following shows the Schedule of Direct Materials Used, Cost of Goods Manufactured Cost of Goods Sold and Income Statement. Fill in the missing amounts for blanks 11 to 18 below. Beginning inventory, raw material. ..............11. ? Ending inventory, raw material .................. Purchase of raw material ...... 100,000 Direct material used. ... 70,000 Direct labour ......... ..................12. Manufacturing overhead ........ 250,000 Total manufacturing costs ........ 520,000 Beginning inventory, work in process.......... 35,000 Ending inventory, work in process .............. 13. Cost...
Please check my
answers.
Problem 2-24 Schedule of Cost of Goods Manufactured; Income Statement; Cost Behaviour (LO1, LO2, LO3, LO4, LO5) Carlton Manufacturing Company provided the following details about operations in February: $ Purchases of raw materials Maintenance, factory Direct labour Depreciation, factory equipment Indirect materials, factory Selling and administrative salaries Utilities, factory Sales commissions Insurance, factory equipment Depreciation, sales equipment Advertising expenses Rent, factory building 169,000 40,900 35, 100 60,200 3,650 46,400 28,600 18,800 4,650 22,600 114,000 The company...
Most questions answered within 3 hours.
-
The denaturation of proteins can be described by the
equilibrium
F⇌U
where F and U represent...
asked 1 hour ago -
Please answer what the maximum and minimum force is, and the
angle on the ion is...
asked 1 hour ago -
implement a program that reads a number of rows and a symbol.
The program will draw...
asked 1 hour ago -
Assume that when adults with smartphones are randomly selected,
45% use them in meetings or classes....
asked 1 hour ago -
Determine the number of formula units of
Na2SO4 and moles of oxygen contained in 8.11
moles...
asked 1 hour ago -
Explain in steps on the following code
What would be the output when executed
using System;...
asked 1 hour ago -
Given the information in the table, which of the following
statements is CORRECT?
Stock A
Stock...
asked 1 hour ago -
Write MARIE assembly language programs that do the following:
Write a program that inputs an integer...
asked 1 hour ago -
Explain an understanding of services and protocols.
Explain the job of DNS.
Explain the three email...
asked 2 hours ago -
(As soon as possible) Balance each of the following equations
according to the half-reaction method:
H2O2(aq)...
asked 2 hours ago -
A thin rod with a mass of 3.5kg and a length L=1.5 m is oriented
horizontally....
asked 2 hours ago -
Inheritance pattern in BRCA 1
Describe the inheritance pattern of BRCA 1 Is it recessive or...
asked 2 hours ago