Homework Answers
Sorry as per Chegg Guideline I can answer only 1 Question, please post other Questions saperately.
Correct option is $55500
| Cost of Raw Material Purchase | $80000 |
| Add: Beginning Raw material cost | $28500 |
| Less : Ending Raw material Intventory cost | $(53000) |
| Direct material cost used in Production | $55500 |
1)Direct material cost for WIP is the total Purchase cost added by
beginning inventory cost of raw material less Ending inventory cost
of Raw material
2) Indirect raw material cost are consider under Manufacturing overhead which are shown saperately
3) Workin process consist of Direct material cost , direct labour cost and Manufacturing overhead.
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Bottum Corporation, a manufacturing Corporation, has provided data concerning its operations for May. The beginning balance...
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...
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 O $104,500 $51,800
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
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchase of raw materials...
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchase of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Underapplied overhead $ 31,000 $ 5,000 $58,400 $ 87,900 $ 4,190 Inventories Raw materials Work in process Finished goods Beginning Ending $11,000 $ 18,300 $ 55,800 $ 66,600 $ 33,000 $ 43,300 Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare a schedule...
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...
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 $ 4,850 $59,900 $88,700 $ 4,030 Inventories Raw materials Work in process Finished goods Beginning $ 11,900 $ 55,400 $ 34,600 Ending $ 19,400 $ 65,500 $ 44,000 Required: 1. Prepare a schedule of cost of goods manufactured for the month 2. Prepare a schedule of...
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 $ 31,000 Indirect materials included in manufacturing overhead $ 4,880 Direct labor $ 59,100 Manufacturing overhead applied to work in process $ 88,200 Underapplied overhead $ 4,150 Inventories Beginning Ending Raw materials $ 11,300 $ 19,500 Work in process $ 56,000 $ 68,400 Finished goods $ 33,000 $ 43,900 1. Prepare a schedule of cost of goods sold for the month. Assume the underapplied...
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 $31,000 $ 4,710 $59,400 $88,800 $ 4,010 Inventories Raw materials Work in process Finished goods Beginning Ending $ 11,500 $ 19,700 $ 54,700 $ 66,600 $ 34,300 $ 42,400 Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare a schedule of...
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 $ 31,000 $ 4,640 $ 58,200 $ 88,400 $ 4,020 Inventories Beginning Ending Raw materials $11,700 $19,100 Work in $55,800 $68,700 process Finished $34,000 $43,200 goods Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare a schedule of cost of goods...
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...
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 O $104,500 $51,800
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
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchase of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Underapplied overhead $ 31,000 $ 5,000 $58,400 $ 87,900 $ 4,190 Inventories Raw materials Work in process Finished goods Beginning Ending $11,000 $ 18,300 $ 55,800 $ 66,600 $ 33,000 $ 43,300 Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare a schedule...
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 $ 4,850 $59,900 $88,700 $ 4,030 Inventories Raw materials Work in process Finished goods Beginning $ 11,900 $ 55,400 $ 34,600 Ending $ 19,400 $ 65,500 $ 44,000 Required: 1. Prepare a schedule of cost of goods manufactured for the month 2. Prepare a schedule of...
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 $31,000 $ 4,710 $59,400 $88,800 $ 4,010 Inventories Raw materials Work in process Finished goods Beginning Ending $ 11,500 $ 19,700 $ 54,700 $ 66,600 $ 34,300 $ 42,400 Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare a schedule of...
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 $ 31,000 $ 4,640 $ 58,200 $ 88,400 $ 4,020 Inventories Beginning Ending Raw materials $11,700 $19,100 Work in $55,800 $68,700 process Finished $34,000 $43,200 goods Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare a schedule of cost of goods...
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