Cash | Raw Materials | |||||||
Beg. Bal. | $ 75,100 | a. | Beg. Bal. | |||||
$ 1,50,600 | c. | a. | $ 75,100 | $ 72,100 | b. | |||
$ 1,27,000 | d. | |||||||
End. Bal. | $ 3,52,700 | End. Bal. | $ 3,000 | |||||
Work in Process | Finished Goods | |||||||
Beg. Bal. | Beg. Bal. | |||||||
b. | $ 65,200 | f. | $ 3,23,700 | $ 3,23,700 | f. | |||
c. | $ 1,34,700 | |||||||
e. | $ 1,23,800 | $ 3,23,700 | f. | |||||
End. Bal. | End. Bal. | |||||||
Manufacturing Overheads | Cost of Goods Sold | |||||||
Beg. Bal. | Beg. Bal. | |||||||
b. | $ 6,900 | $ 1,23,800 | e. | f. | $ 3,23,700 | |||
c. | $ 15,900 | $ 26,000 | g. | g. | $ 26,000 | |||
d. | $ 1,27,000 | |||||||
End. Bal. | End. Bal. | $ 3,49,700 | ||||||
Adjusted Cost of Goods sold | = | $ 3,49,700 |
If it is helpful, please rate the answer and if any doubt arises let me know
Om Environmental Sci YouTube cises (1 pt) Saved Help Save & Exit Check my w Jurvin...
Mamal Environmental Sci YouTube vercises (1 pt Saved Help Save & Exit Check The Polaris Company uses a job order costing system. The following transactions occurred in October a. Raw materials purchased on account. $210,000. b. Raw materials used in production, $188,000 ($150,400 direct materials and $37,600 indirect materials), c. Accrued direct labor cost of $50,000 and indirect labor cost of $21,000, d. Depreciation recorded on factory equipment, $105,000 e. Other manufacturing overhead costs accrued during October $130,000, 1. The...
3 Exercises Saved Help Save & Exit Check my Jurvin Enterprises recorded the following transactions for the just completed month. The company had no beginning inventories. ed a. $76,100 in raw materials were purchased for cash. b. $72,400 in raw materials were used in production. Of this amount, $66,000 was for direct materials and the remainder was for indirect materials. c. Total labor wages of $152,400 were incurred and paid. Of this amount, $134,100 was for direct labor and the...
Gma = Lavronmental Sci. YouTube Exercises (1 pt) Saved Help Save CI The following data from the just completed year are taken from the accounting records of Mason Company: Sales Direct labor coat Raw material purchases Selling expenses Administrative expenses Manufacturing overhead applied to work in process Actual manufacturing overhead costs $ 651,000 $ 86,000 $ 130,000 $ 100,000 $ 49,000 $ 209,000 $ 224,000 3:56:04 ook Inventories Raw materiale Work in process Finished goods Beginning Ending $ 8.700 $...
Ch 2 & 3 Graded Homework 6 Saved Help Save & Exit Submit Check my work 6 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. 14.28 points eBook a. $76,800 in raw materials were purchased for cash. b. $72,300 in raw materials were used in production of this amount, $66,100 was for direct materials and the remainder was for indirect materials. c....
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...
Chapter 3 6 Saved Help Save & CI 2 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. $76,500 In raw materlals were purchased for cash. b. $71,800 In raw materials were used In production. Of this amount, $65,000 was for direct materials and the remainder was for 10 points Indirect materials C. Total labor wages of $152,400 were incurred and paid....
Saved Help Save & E ises (1 p Check 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. $75,100 in raw materials were purchased for cash. 6. $72100 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 $150.600 were incurred and paid. Of this...
Check my w 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. Book Print ferences a. $75,500 in raw materials were purchased for cash. b. 571,900 in raw materials were used in production. Of this amount, $67,000 was for direct materials and the remainder was for indirect materials c. Total labor wages of $152,600 were incurred and...
Chapter 3 Exercises Saved 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. 20 points Skipped a. $75,100 in raw materials were purchased for cash. b. $72,600 in raw materials were used in production. Of this amount, $65,700 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, $133,300...
Jurvin Enterprises recorded the following transactions for the just completed month. The company had no beginning inventories. $75,300 in raw materials were purchased for cash. $72,100 in raw materials were used in production. Of this amount, $66,900 was for direct materials and the remainder was for indirect materials. Total labor wages of $150,800 were incurred and paid. Of this amount, $134,700 was for direct labor and the remainder was for indirect labor. Additional manufacturing overhead costs of $125,900 were incurred...