Homework Answers
Ans B - 55500
Direct material cost = opening balance + Purchase - closing balance of raw material
= 28500+80000-53000= 55500
Add Answer to:
Bottum Corporation, a manufacturing Corporation, has provided data concerning its operations for May. The beginning balance...
Bottum Corporation, a manufacturing Corporation, has provided data concerning its operations for May. The beginning balance...
Bottum Corporation, a manufacturing Corporation, has provided data concerning its operations for May. The beginning balance in the raw materials account was $26,500 and the ending balance was $49,000. Raw materials purchases during the month totaled $76,000. Manufacturing overhead cost incurred during the month was $117,500, of which $3,300 consisted of raw materials classified as indirect materials. The direct materials cost for May was:
Bottum Corporation, a manufacturing Corporation, has provided data concerning its operations for May. The beginning balance...
Bottum Corporation, a manufacturing Corporation, has provided data concerning its operations for May. The beginning balance in the raw materials account was $28,500 and the ending balance was $53,000. Raw materials purchases during the month totaled $80,000. Manufacturing overhead cost incurred during the month was $119,500, of which $3,700 consisted of raw materials classified as indirect materials. The direct materials cost for May was Multiple Choice $80,000 $55,500 $104,500 $51,800 Weatherhead Inc. has provided the following data for the month...
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
Stelmack Corporation, a manufacturing Corporation, has provided data concerning its operations for September. The beginning balance...
Stelmack Corporation, a manufacturing Corporation, has provided data concerning its operations for September. The beginning balance in the raw materials account was $27,000 and the ending balance was $20,000. Raw materials purchases during the month totaled $80,000. Manufacturing overhead cost incurred during the month was $72,000, of which $3,000 consisted of raw materials classified as indirect materials. The direct materials cost for September was: A. 84k B. 87k C. 70k D. 90k
TB MC Qu. 3-90 Bottum Corporation, a manufacturing Corporation, has provided Bottum Corporation, a manufacturing Corporation...
TB MC Qu. 3-90 Bottum Corporation, a manufacturing Corporation, has provided Bottum Corporation, a manufacturing Corporation has provided data concoming its operations for May. The beginning balance in the raw materials account was $22.500 and the ending balance was $4.000 Raw materials cost for purchases during the month totaled $68.000 Manufacturing overhead cost incurred during the month was $13.500, of which $2.500 consisted of raw materials classified as indirect materials. The direct ma My was Muhoice 900.000 0.00 10 ooo...
Rediger Inc., a manufacturing Corporation, has provided the following data for the month of June. The...
Rediger Inc., a manufacturing Corporation, has provided the following data for the month of June. The balance in the Work in Process inventory account was $24,000 at the beginning of the month and $18,000 at the end of the month. During the month, the Corporation incurred direct materials cost of $55,400 and direct labor cost of $28,600. The actual manufacturing overhead cost incurred was $53,200. The manufacturing overhead cost applied to Work in Process was $51,400. The cost of goods...
Primare Corporation has provided the following data concerning last month’s manufacturing operations. Purchases of raw materials...
Primare Corporation has provided the following data concerning last month’s manufacturing operations. Purchases of raw materials $ 32,000 Indirect materials included in manufacturing overhead $ 4,960 Direct labor $ 58,700 Manufacturing overhead applied to work in process $ 87,900 Underapplied overhead $ 4,170 Inventories Beginning Ending Raw materials $ 11,400 $ 19,900 Work in process $ 55,500 $ 67,300 Finished goods $ 33,700 $ 42,200 Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare...
Primare Corporation has provided the following data concerning last month's manufacturing operations Purchases of raw materials...
Primare Corporation has provided the following data concerning last month's manufacturing operations Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Underapplied overhead $32,000 $ 4,970 $59,700 $88,100 $ 4,070 Inventories Beginning Ending Raw materials $11,500 $18,500 Work irn process Finished goods $34,100 $43,100 $55,500 $67,100 Required: 1. Prepare a schedule of cost of goods manufactured for the month 2. Prepare a schedule of cost of goods sold for the...
Primare Corporation has provided the following data concerning last month's manufacturing opera Purchases of raw materials...
Primare Corporation has provided the following data concerning last month's manufacturing opera Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Underapplied overhead $32,000 $ 4,970 $59,700 $88,100 $ 4,070 Inventories Beginning Ending Raw materials $11,500 $18,500 Work in process Finished goods $34,100 $43,100 $55,500 $67,100 Required: 1. Prepare a schedule of cost of goods manufactured for the month
Primare Corporation has provided the following data concerning last month’s manufacturing operations. Purchases...
Primare Corporation has provided the following data concerning last month’s manufacturing operations. Purchases of raw materials $ 30,000 Indirect materials included in manufacturing overhead $ 4,700 Direct labor $ 60,000 Manufacturing overhead applied to work in process $ 88,800 Underapplied overhead $ 4,130 Inventories Beginning Ending Raw materials $ 11,900 $ 18,700 Work in process $ 55,600 $ 65,100 Finished goods $ 34,700 $ 43,200 Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare...
Bottum Corporation, a manufacturing Corporation, has provided data concerning its operations for May. The beginning balance in the raw materials account was $28,500 and the ending balance was $53,000. Raw materials purchases during the month totaled $80,000. Manufacturing overhead cost incurred during the month was $119,500, of which $3,700 consisted of raw materials classified as indirect materials. The direct materials cost for May was Multiple Choice $80,000 $55,500 $104,500 $51,800 Weatherhead Inc. has provided the following data for the month...
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
TB MC Qu. 3-90 Bottum Corporation, a manufacturing Corporation, has provided Bottum Corporation, a manufacturing Corporation has provided data concoming its operations for May. The beginning balance in the raw materials account was $22.500 and the ending balance was $4.000 Raw materials cost for purchases during the month totaled $68.000 Manufacturing overhead cost incurred during the month was $13.500, of which $2.500 consisted of raw materials classified as indirect materials. The direct ma My was Muhoice 900.000 0.00 10 ooo...
Rediger Inc., a manufacturing Corporation, has provided the following data for the month of June. The balance in the Work in Process inventory account was $24,000 at the beginning of the month and $18,000 at the end of the month. During the month, the Corporation incurred direct materials cost of $55,400 and direct labor cost of $28,600. The actual manufacturing overhead cost incurred was $53,200. The manufacturing overhead cost applied to Work in Process was $51,400. The cost of goods...
Primare Corporation has provided the following data concerning last month's manufacturing operations Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Underapplied overhead $32,000 $ 4,970 $59,700 $88,100 $ 4,070 Inventories Beginning Ending Raw materials $11,500 $18,500 Work irn process Finished goods $34,100 $43,100 $55,500 $67,100 Required: 1. Prepare a schedule of cost of goods manufactured for the month 2. Prepare a schedule of cost of goods sold for the...
Primare Corporation has provided the following data concerning last month's manufacturing opera Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Underapplied overhead $32,000 $ 4,970 $59,700 $88,100 $ 4,070 Inventories Beginning Ending Raw materials $11,500 $18,500 Work in process Finished goods $34,100 $43,100 $55,500 $67,100 Required: 1. Prepare a schedule of cost of goods manufactured for the month
Most questions answered within 3 hours.
-
In Netherland Dwarf rabbits, dwarf size is determined by allele
N, and normal-size by allele n....
asked 2 minutes from now -
During Heaton Company’s first two years of operations, it
reported absorption costing net operating income as...
asked 11 minutes ago -
Consider testing the
hypotheses:
H0: p = 0.56
H1: p > 0.56
where p is
the...
asked 14 minutes ago -
In a two-factor analysis of variance a main effect is defined as
____.
a. the unique...
asked 22 minutes ago -
A bank's loan officer rates applicants for credit. The ratings
are normally distributed with a mean...
asked 22 minutes ago -
Fill in the following information for Adipic Acid: molecular
weight, g or ml, mole, melting point,...
asked 28 minutes ago -
how
to use a for loop to iterate over the string below and print each
character...
asked 30 minutes ago -
Please type answer, Thanks.
Respond to the following in a minimum of 175
words:
Research industry...
asked 29 minutes ago -
Assume that all interest rates in the economy increase from 9
percent to 10 percent. Which...
asked 39 minutes ago -
Describe the function of a Change Control Board.
When calculating Planned Value (PV), what is the...
asked 45 minutes ago -
The customer help center in your company receives calls from
customers who need help with some...
asked 56 minutes ago -
A manufacturer wished to compare the wearing qualities of two
different types of automobile tires, A...
asked 54 minutes ago