Homework Answers
Total manufacturing costs
= Direct Materials used + Direct Labor + Overhead
= (33702+93713-29234) + 58346 + (58346/10)*13
= 98,181 + 58,346 + 75,849.80
= 232,377
Option D
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hprattempt=3281 cmid=191119 Learn Carleton.ca Academic Support Library Carleton Centra O c. $163554 O d. $82934 Check...
Horla Co's manufacturing operations recorded the following information for the month of March 20x9: Inventories Mar....
Horla Co's manufacturing operations recorded the following information for the month of March 20x9: Inventories Mar. 7, 20x9 Mar. 31, 20x9 Direct materials $32127 $ 30538 Additional information for the month of March: Direct materials purchased $83418 Direct labour costs incurred 55714 8 Direct labour rate per hour Factory overhead rate per direct labour hour 12 What were the prime costs for the month of March? Select one O a. $139132 O b. $140721 c. $139285 ed. $83571 Check
Horla Co's manufacturing operations recorded the following information for the month of March 20x9: Inventories Mar....
Horla Co's manufacturing operations recorded the following information for the month of March 20x9: Inventories Mar. 7, 20x9 Mar. 31 20x9 Direct materials $ 33221 $ 26151 Work in process 15450 13078 Finished goods 47775 68616 Additional information for the month of March: Direct materials purchased $81849 Direct labour costs incurred 64020 11 Direct labour rate per hour Factory overhead rate per direct labour hour 9 What were the cost of goods sold for the month of March? Select one...
Please show all steps so I can fully understand how to solve. thank you Horla Co's...
Please show all steps so I can fully understand how to
solve. thank you
Horla Co's manufacturing operations recorded the following information for the month of March 20x9: Inventories Mar. 1.20x9 Mar. 31, 20x9 Direct materials $ 32390 $ 30582 Work in process 21420 12481 Finished goods 48034 69109 $93263 65291 Additional information for the month of March: Direct materials purchased Direct labour costs incurred Direct labour rate per hour Factory overhead rate per direct labour hour What were the...
arn Carleton.ca Quiz 2 Academic Support Library Carleton Central MyCarleton Email Victory A. [10543] Financial Accounting...
arn Carleton.ca Quiz 2 Academic Support Library Carleton Central MyCarleton Email Victory A. [10543] Financial Accounting (LEC) Winter 2020 courses / BUSI1001R Winter 2020 / Quizzes / Quiz 2 BC Incorporated is in the process of closing their books at year-end. The following information is reported on the income statement Salary Expense $27 Interest Expense $16 Revenue $1023 Rent Expense $73 Which of the following are correct closing entries: Select one: O a. A debit to retained earnings of $...
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Troubleshooting 24 Help Check Part 5 of 6 Required information The following information applies to the questions displayed below.) Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labour-hours, and its standard costs per unit are as follows: 02-2007 Direct materials: 5 kg at $9.00 per kg Direct labour: 3 hours at $14 per hour Variable overhead: 3 hours at $9 per hour $ 45.ee 42.ee 27.00 Print Total standard cost per unit...
Mallet Company has only Job 844 in process on March 1 of the current year. The...
Mallet Company has only Job 844 in process on March 1 of the current year. The job has been charged with $2,000 of direct material cost, $2,500 of direct labour cost, and $1,750 of manufacturing overhead cost. The company assigns overhead cost to jobs at a predetermined rate of 70% of direct labour cost. Any under- or overapplied overhead cost is closed out to Cost of Goods Sold at the end of the month. During March, the following activity and...
[The following information applies to the questions displayed below.] Preble Company manufactures one product. Its variable...
[The following information applies to the questions displayed below.] Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labour-hours, and its standard costs per unit are as follows: Direct materials: 5 kg at $10.00 per kg $ 50.00 Direct labour: 3 hours at $17 per hour 51.00 Variable overhead: 3 hours at $7 per hour 21.00 Total standard cost per unit $ 122.00 The company planned to produce and sell 24,000 units in...
Saved Coper Products Inc. has a 22 Help Save LE 3 of 6 Required information [The...
Saved Coper Products Inc. has a 22 Help Save LE 3 of 6 Required information [The following information applies to the questions displayed below.) Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labour-hours, and its standard costs per unit are as follows: 2:21:44 Direct materials: 5 kg at $9.80 per kg Direct labour: 3 hours at $14 per hour Variable overhead: 3 hours at $9 per hour Total standard cost per unit...
Required information [The following information applies to the questions displayed below.] Preble Company manufactures one product....
Required information [The following information applies to the questions displayed below.] Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labour-hours, and its standard costs per unit are as follows: Direct materials: 5 kg at $10.00 per kg $ 50.00 Direct labour: 3 hours at $17 per hour 51.00 Variable overhead: 3 hours at $7 per hour 21.00 Total standard cost per unit $ 122.00 The company planned to produce and sell 24,000...
Required information [The following information applies to the questions displayed below.] Preble Company manufactures one product....
Required information [The following information applies to the questions displayed below.] Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labour-hours, and its standard costs per unit are as follows: Direct materials: 5 kg at $10.00 per kg $ 50.00 Direct labour: 3 hours at $17 per hour 51.00 Variable overhead: 3 hours at $7 per hour 21.00 Total standard cost per unit $ 122.00 The company planned to produce and sell 24,000...
Horla Co's manufacturing operations recorded the following information for the month of March 20x9: Inventories Mar. 7, 20x9 Mar. 31, 20x9 Direct materials $32127 $ 30538 Additional information for the month of March: Direct materials purchased $83418 Direct labour costs incurred 55714 8 Direct labour rate per hour Factory overhead rate per direct labour hour 12 What were the prime costs for the month of March? Select one O a. $139132 O b. $140721 c. $139285 ed. $83571 Check
Horla Co's manufacturing operations recorded the following information for the month of March 20x9: Inventories Mar. 7, 20x9 Mar. 31 20x9 Direct materials $ 33221 $ 26151 Work in process 15450 13078 Finished goods 47775 68616 Additional information for the month of March: Direct materials purchased $81849 Direct labour costs incurred 64020 11 Direct labour rate per hour Factory overhead rate per direct labour hour 9 What were the cost of goods sold for the month of March? Select one...
Please show all steps so I can fully understand how to
solve. thank you
Horla Co's manufacturing operations recorded the following information for the month of March 20x9: Inventories Mar. 1.20x9 Mar. 31, 20x9 Direct materials $ 32390 $ 30582 Work in process 21420 12481 Finished goods 48034 69109 $93263 65291 Additional information for the month of March: Direct materials purchased Direct labour costs incurred Direct labour rate per hour Factory overhead rate per direct labour hour What were the...
arn Carleton.ca Quiz 2 Academic Support Library Carleton Central MyCarleton Email Victory A. [10543] Financial Accounting (LEC) Winter 2020 courses / BUSI1001R Winter 2020 / Quizzes / Quiz 2 BC Incorporated is in the process of closing their books at year-end. The following information is reported on the income statement Salary Expense $27 Interest Expense $16 Revenue $1023 Rent Expense $73 Which of the following are correct closing entries: Select one: O a. A debit to retained earnings of $...
Troubleshooting 24 Help Check Part 5 of 6 Required information The following information applies to the questions displayed below.) Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labour-hours, and its standard costs per unit are as follows: 02-2007 Direct materials: 5 kg at $9.00 per kg Direct labour: 3 hours at $14 per hour Variable overhead: 3 hours at $9 per hour $ 45.ee 42.ee 27.00 Print Total standard cost per unit...
Mallet Company has only Job 844 in process on March 1 of the current year. The job has been charged with $2,000 of direct material cost, $2,500 of direct labour cost, and $1,750 of manufacturing overhead cost. The company assigns overhead cost to jobs at a predetermined rate of 70% of direct labour cost. Any under- or overapplied overhead cost is closed out to Cost of Goods Sold at the end of the month. During March, the following activity and...
Saved Coper Products Inc. has a 22 Help Save LE 3 of 6 Required information [The following information applies to the questions displayed below.) Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labour-hours, and its standard costs per unit are as follows: 2:21:44 Direct materials: 5 kg at $9.80 per kg Direct labour: 3 hours at $14 per hour Variable overhead: 3 hours at $9 per hour Total standard cost per unit...
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