Please teach me how to answer the question as detail as possible. I have trouble answering them.
Cash | Raw Materials | |||||||
Beg.bal | Beg.bal | |||||||
76,200 | a. | a. | 76,200 | |||||
150,600 | c. | 72,200 | b. | |||||
126,000 | d. | |||||||
end bal | 352,800 | end bal | 4,000 | |||||
Work in process | finished goods | |||||||
Beg.bal | Beg.bal | |||||||
b. | 65,400 | f. | 327,800 | |||||
c. | 134,800 | 327,800 | g. | |||||
e. | 127,600 | |||||||
327,800 | f. | |||||||
end bal | 0 | end bal | 0 | |||||
Manufacturing overhead | cost of goods sold | |||||||
Beg.bal | beg bal | 0 | ||||||
b. | 6,800 | g. | 327,800 | |||||
c. | 15,800 | h. | 21,000 | |||||
d. | 126,000 | |||||||
127,600 | e | |||||||
21,000 | h | |||||||
End bal | 0 | end bal | 348,800 | |||||
Adjusted cost of goods sold | 348,800 | |||||||
Please teach me how to answer the question as detail as possible. I have trouble answering...
Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during a recent month is shown below. $76,200 in raw materials were purchased for cash. $72,200 in raw materials were used in production. Of this amount, $65,900 was for direct materials and the remainder was for indirect materials. Total labor wages of $150,800 were incurred and paid. Of this amount, $134,400 was for direct labor and the remainder was for indirect...
Please help! And please explain how to get answers so I can learn how to do it on future problems. Thanks in advance! I'll be sure to give a thumbs up. Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during a recent month is shown below. a $76,200 in raw materials were purchased for cash. b. $72,000 in raw materials were requisitioned for use in production of this amount,...
Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during a recent month is shown below. $75,700 in raw materials were purchased for cash. $72,300 in raw materials were used in production. Of this amount, $66,400 was for direct materials and the remainder was for indirect materials. Total labor wages of $150,600 were incurred and paid. Of this amount, $133,800 was for direct labor and the remainder was for indirect...
Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during a recent month is shown below. $75,800 in raw materials were purchased for cash. $72,200 in raw materials were used in production. Of this amount, $65,200 was for direct materials and the remainder was for indirect materials. Total labor wages of $153,000 were incurred and paid. Of this amount, $134,900 was for direct labor and the remainder was for indirect...
Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during a recent month is shown below. $76,300 in raw materials were purchased for cash. $72,100 in raw materials were used in production. Of this amount, $65,400 was for direct materials and the remainder was for indirect materials. Total labor wages of $151,400 were incurred and paid. Of this amount, $133,200 was for direct labor and the remainder was for indirect...
Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during a recent month is shown below. $76,200 in raw materials were purchased for cash. $72,400 in raw materials were used in production. Of this amount, $65,200 was for direct materials and the remainder was for indirect materials. Total labor wages of $150,800 were incurred and paid. Of this amount, $133,400 was for direct labor and the remainder was for indirect...
Exercise 3-2 Prepare T-Accounts (LO3-2, LO3-4] Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during a recent month is shown below. a. $76,200 in raw materials were purchased for cash. b. $72,400 in raw materials were used in production. Of this amount, $65,200 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $150,800 were incurred and paid. Of this amount, $133,400 was...
Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during a recent month is shown below. a. $75,300 in raw materials were purchased for cash. b. $72,200 in raw materials were used in production. Of this amount, $65,200 was for direct materials and the remainder was for indirect materials. C. Total labor wages of $150,400 were incurred and paid. Of this amount, $134,500 was for direct labor and the remainder...
2 1 points indirect materials. Exercise 3-2 Prepare T-Accounts (LO3-2, LO3-4] Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during a recent month is shown below. a. $76,900 in raw materials were purchased for cash. b. $72,200 in raw materials were used in production. Of this amount, $65,800 was for direct materials and the remainder was for c. Total labor wages of $152,100 were incurred and paid. Of this...
I posted it earlier and they gave me the wrong answer please make sure it's correct and refer to the letter like a, b, c. that's showing in the box. Thanks!! 2 Exercise 3-2 (Algo) Prepare T-Accounts [LO3-2, LO3-4) Jurvin Enterprises is a manufacturing company that had no beginning inventories. A subset of the transactions that it recorded during a recent month is shown below. 5 points a. $76,800 in raw materials were purchased for cash. b. $72,000 in raw...