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2. Information from The Crossroad Company is given below in $000s for this period: Sales Selling...
Selected financial information for Brookeville Manufacturing is presented in the following table (000s omitted). Sales revenue...
Selected financial information for Brookeville Manufacturing is presented in the following table (000s omitted). Sales revenue $ 4,000 Purchases of direct materials $ 400 Direct labor $ 450 Manufacturing overhead $ 620 Operating expenses $ 650 Beginning raw materials inventory $ 200 Ending raw materials inventory $ 180 Beginning work in process inventory $ 320 Ending work in process inventory $ 410 Beginning finished goods inventory $ 250 Ending finished goods inventory $ 200 What was cost of goods manufactured?
Selected financial information for Brookeville Manufacturing is presented in the following table (000s omitted). $5,000 Sales...
Selected financial information for Brookeville Manufacturing is presented in the following table (000s omitted). $5,000 Sales revenue Purchases of direct materials Direct labor Manufacturing overhead Beginning raw materials inventory Ending raw materials inventory Beginning work in process inventory Ending work in process inventory Beginning finished goods inventory Ending finished goods inventory $480 $690 $670 $300 $260 $340 $440 $290 $210 What was the cost of goods manufactured? O A. $1,540 O B. $1,530 OC. $1,740 O D. $1,640
Selected financial information for the Company is presented in the following table (000s omitted). Sales revenue...
Selected financial information for the Company is presented in the following table (000s omitted). Sales revenue $4200 Purchases of direct materials $480 Direct labor $500 Manufacturing overhead $700 Operating expenses $680 Beginning raw materials inventory $290 Ending raw materials inventory $200 Beginning work in process inventory $410 Ending work in process inventory $460 Beginning finished goods inventory $340 Ending finished goods inventory $300 What was cost of goods sold? $960 $1790 $1680 O $1760
Selected financial information for Greek Food Producers is presented in the following table (000s omitted). Beginning...
Selected financial information for Greek Food Producers is presented in the following table (000s omitted). Beginning raw materials inventory Ending raw materials inventory Direct labor Operating expenses Purchases of direct materials Beginning work in process inventory Ending work in process inventory Sales revenue $490 $240 $290 $710 $550 $410 $640 $4900 Manufacturing overhead Beginning finished goods inventory Ending finished goods inventory What was cost of goods manufactured? $1790 $730 $280 $320 $1140 $2090 $1590
Selected financial information for Brookeville Manufacturing is presented in the following table (000s omitted). Sales revenue...
Selected financial information for Brookeville Manufacturing is presented in the following table (000s omitted). Sales revenue Purchases of direct materials Direct labor Manufacturing overhead Operating expenses Beginning raw materials inventory Ending raw materials inventory Beginning work in process inventory Ending work in process inventory Beginning finished goods inventory Ending finished goods inventory $5,000 S450 $540 S630 $690 $200 S190 $400 $430 $290 $270 What was cost of goods sold? OA. OB. OC. OD. $1,650 $890 $1,620 $1,580
Question 1: The information below relates to Guzzardi Manufacturing Company. (Assume that all raw materials are...
Question 1: The information below relates to Guzzardi Manufacturing Company. (Assume that all raw materials are direct materials.) Purchases of raw materials ..... Direct labor cost... Selling costs (total) ........ Administrative costs (total) Manufacturing overhead costs (total) .... Raw materials inventory, beginning ....... Work in process inventory, beginning... Finished goods inventory, beginning Raw materials inventory, ending......... Work in process inventory, ending.......... Finished goods inventory, ending............. $362.000 $207.000 $61,000 $84,000 $775.000 $37,000 $19.000 $62,000 $44,000 $3,000 $77,000 Required: What is Guzzardi's...
Required information The following selected account balances are provided for Delray Mfg. $ Sales Raw materials...
Required information 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 1,153,000 42,000 55,500 64,200 158,600 226,000 16,800 54,000 5,250 56,000 87,000 128,000 44,400 39,600 70,400...
Required information The following selected account balances are provided for Delray Mfg $1,250,000 37.000 53,900 Sales...
Required information The following selected account balances are provided for Delray Mfg $1,250,000 37.000 53,900 Sales Raw materials inventory. beginning Hork in process inventory. beginning Finished goods Inventory beginning Raw materiale purchases Direct labor Factory supplen used (indirect materiale Indirect labor Repairs Factory equipment Rent coat of factory building Advertising expense General and administrative expenses Raw materials inventory ending Work in process Inventory. ending Finished goods inventory ending 62.750 175.600 225,000 17,840 47,000 5,250 57,000 94,000 129,300 ces 42,700 41,500...
Required information The following selected account balances are provided for Delray Mfg. $ Sales Raw materials...
Required information 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 1,469,000 38,000 53,100 61,000 158,800 241,000 24,000 47,000 5,250 53,000 105,000 135,000 41,000 44,300 71,700...
Required information The following selected account balances are provided for Delray Mfg. $ Sales Raw materials...
Required information 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 1,338,000 43,000 51,400 65,500 151,900 232,000 21,800 43,000 5, 250 60,000 95,000 144,000 43,700 41,900...
Selected financial information for Brookeville Manufacturing is presented in the following table (000s omitted). $5,000 Sales revenue Purchases of direct materials Direct labor Manufacturing overhead Beginning raw materials inventory Ending raw materials inventory Beginning work in process inventory Ending work in process inventory Beginning finished goods inventory Ending finished goods inventory $480 $690 $670 $300 $260 $340 $440 $290 $210 What was the cost of goods manufactured? O A. $1,540 O B. $1,530 OC. $1,740 O D. $1,640
Selected financial information for the Company is presented in the following table (000s omitted). Sales revenue $4200 Purchases of direct materials $480 Direct labor $500 Manufacturing overhead $700 Operating expenses $680 Beginning raw materials inventory $290 Ending raw materials inventory $200 Beginning work in process inventory $410 Ending work in process inventory $460 Beginning finished goods inventory $340 Ending finished goods inventory $300 What was cost of goods sold? $960 $1790 $1680 O $1760
Selected financial information for Greek Food Producers is presented in the following table (000s omitted). Beginning raw materials inventory Ending raw materials inventory Direct labor Operating expenses Purchases of direct materials Beginning work in process inventory Ending work in process inventory Sales revenue $490 $240 $290 $710 $550 $410 $640 $4900 Manufacturing overhead Beginning finished goods inventory Ending finished goods inventory What was cost of goods manufactured? $1790 $730 $280 $320 $1140 $2090 $1590
Selected financial information for Brookeville Manufacturing is presented in the following table (000s omitted). Sales revenue Purchases of direct materials Direct labor Manufacturing overhead Operating expenses Beginning raw materials inventory Ending raw materials inventory Beginning work in process inventory Ending work in process inventory Beginning finished goods inventory Ending finished goods inventory $5,000 S450 $540 S630 $690 $200 S190 $400 $430 $290 $270 What was cost of goods sold? OA. OB. OC. OD. $1,650 $890 $1,620 $1,580
Question 1: The information below relates to Guzzardi Manufacturing Company. (Assume that all raw materials are direct materials.) Purchases of raw materials ..... Direct labor cost... Selling costs (total) ........ Administrative costs (total) Manufacturing overhead costs (total) .... Raw materials inventory, beginning ....... Work in process inventory, beginning... Finished goods inventory, beginning Raw materials inventory, ending......... Work in process inventory, ending.......... Finished goods inventory, ending............. $362.000 $207.000 $61,000 $84,000 $775.000 $37,000 $19.000 $62,000 $44,000 $3,000 $77,000 Required: What is Guzzardi's...
Required information 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 1,153,000 42,000 55,500 64,200 158,600 226,000 16,800 54,000 5,250 56,000 87,000 128,000 44,400 39,600 70,400...
Required information The following selected account balances are provided for Delray Mfg $1,250,000 37.000 53,900 Sales Raw materials inventory. beginning Hork in process inventory. beginning Finished goods Inventory beginning Raw materiale purchases Direct labor Factory supplen used (indirect materiale Indirect labor Repairs Factory equipment Rent coat of factory building Advertising expense General and administrative expenses Raw materials inventory ending Work in process Inventory. ending Finished goods inventory ending 62.750 175.600 225,000 17,840 47,000 5,250 57,000 94,000 129,300 ces 42,700 41,500...
Required information 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 1,469,000 38,000 53,100 61,000 158,800 241,000 24,000 47,000 5,250 53,000 105,000 135,000 41,000 44,300 71,700...
Required information 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 1,338,000 43,000 51,400 65,500 151,900 232,000 21,800 43,000 5, 250 60,000 95,000 144,000 43,700 41,900...
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