Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations for June....
Dazzle, Inc. produces beads for jewelry making use. The
following information summarizes production operations for June.
The journal entry to record June production activities for direct
labor usage is:
| Direct materials used | $ | 100,000 | |
| Direct labor used | 173,000 | ||
| Predetermined overhead rate (based on direct labor) | 160 | % | |
| Goods transferred to finished goods | 445,000 | ||
| Cost of goods sold | 457,000 | ||
| Credit sales | 823,000 |
A. Debit Cost of Goods Sold $173,000; credit Factory Wages Payable $173,000
B. Debit Work in Process Inventory $173,000; credit Factory Wages Payable $173,000
C. Debit Factory Wages Payable $173,000; credit Cash $173,000
D. Debit Work in Process Inventory $173,000; credit Raw Materials Inventory $173,000
E. Debit Work in Process Inventory $173,000; credit Cash $173,000
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Dazzle, Inc. produces beads for jewelry making use. The
following information summarizes production operations for June....
Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations and sales...
Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations and sales activities for June. The journal entry to record June sales is: direct materials used 98,000 direct labor uses 171000 predetermined overhead rate (based on direct labor) 150% goods transferred to finished goods 443,000 cost of goods sold 455,000 credit sales 920,000 A. debit work in process inventory 171,000; credit cash 171,000 B. debit work in process inventory 171,000; credit factory overhead 171,000 C. debit...
need help with question #6 E) $2.00 per MH 5) Dazzle, Inc. produces beads for jewelry making use. The following inf...
need help with question #6
E) $2.00 per MH 5) Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations for June, The journal entry to record June production activities for overhead allocation is: Direct materials used Direct labor used Predetermined overhead rate (based on direct labor) Goods transferred to finished goods Cost of goods sold Credit sales 87,000 160,000 155% 432,000 444,000 810,000 A) Debit Factory Overhead $248,000; credit Cash $248,000. B) Debit Work in...
Dazzle Inc. produces beads for jewelry manguse the following information summas production certions for the u...
Dazzle Inc. produces beads for jewelry manguse the following information summas production certions for the u ntry to record production s for overed Direct materials used Direct labor used Predetermined overhead rate based on direct labor) Goods transferred to finished goods Cost of toods sold $ 107.000 $ 180,cee 161% S52. $ 464.000 $1,010,000 0 O Debit W in Proces ory 520.000 credit Factory Outed 5190.000 0 DW 0 000 Gractory 120.000 0 ODW 8 000 80.000 0 Debe Work...
Dazzle, Inc. produces beads for jewelry making use.
Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations for June. The journal entry to record June production activities for overhead allocation is:
TB MC Qu. 16-149 Dazzle, Inc. produces beads for...
TB MC Qu. 16-149 Dazzle, Inc. produces beads for...Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations for June. The journal entry to record June production activities for direct labor usage is:
TB MC Qu. 16-149 Dazzle, Inc. produces beads for...
TB MC Qu. 16-149 Dazzle, Inc. produces beads for...Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations for June. The journal entry to record June production activities for direct labor usage is:
need hwlp with question 8. please show how you got it The Fabricating Department started the...
need hwlp with question 8. please show how you got it
The Fabricating Department started the current month with a beginning Work in Process inventory of $10,000. During the month, it was assigned the following costs: direct materials, $76.000, direct labor, $24,000, and factory overhead, 50% of direct labor cost. Also, inventory with a cost of $109,000 was transferred out of the department to the next phase in the process. The ending balance of the Work in Process Inventory account...
need hwlp with question 5 Compute Tasty's departmental overhead rate for the mixing department based on...
need hwlp with question 5
Compute Tasty's departmental overhead rate for the mixing department based on machine hours. A) $1.50 per MH. B) $3.33 per MH. C) $0.60 per MH. D) $0.50 per MH. E) $2.00 per MH. 5) Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations for June. The journal entry to record June production activities for overhead allocation is: Direct materials used $ 87,000 Direct labor used 160,000 155% Predetermined overhead rate...
1.) A production department's output for the most recent month consisted of 10,000 units completed and...
1.) A production department's output for the most recent month consisted of 10,000 units completed and transferred to the next stage of production and 7,000 units in ending Work in Process inventory. The units in ending Work in Process inventory were 50% complete with respect to both direct materials and conversion costs. Calculate the equivalent units of production for the month, assuming the company uses the weighted average method. A.)8,500 units. B.)12,000 units. C.)17,000 units. D.)6,500 units. E.)13,500 units. 2.)...
need help with question 9 M e s direct materials stred e nd of director cont. Also, n o balance of the Work in Proc...
need help with question 9
M e s direct materials stred e nd of director cont. Also, n o balance of the Work in Process Inventory ed out of the department to the next phase in the process A) $13.000 for the Fabricating Department B) $56,000 C) $59,000 D) $110.000 E) $165,000. 3) Dazzle, Inc. produces beads for jewelry malinaw The following information summa production operations for June. The journal entry to record June production activities for direct material usage...
need help with question #6
E) $2.00 per MH 5) Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations for June, The journal entry to record June production activities for overhead allocation is: Direct materials used Direct labor used Predetermined overhead rate (based on direct labor) Goods transferred to finished goods Cost of goods sold Credit sales 87,000 160,000 155% 432,000 444,000 810,000 A) Debit Factory Overhead $248,000; credit Cash $248,000. B) Debit Work in...
Dazzle Inc. produces beads for jewelry manguse the following information summas production certions for the u ntry to record production s for overed Direct materials used Direct labor used Predetermined overhead rate based on direct labor) Goods transferred to finished goods Cost of toods sold $ 107.000 $ 180,cee 161% S52. $ 464.000 $1,010,000 0 O Debit W in Proces ory 520.000 credit Factory Outed 5190.000 0 DW 0 000 Gractory 120.000 0 ODW 8 000 80.000 0 Debe Work...
Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations for June. The journal entry to record June production activities for overhead allocation is:
TB MC Qu. 16-149 Dazzle, Inc. produces beads for...Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations for June. The journal entry to record June production activities for direct labor usage is:
TB MC Qu. 16-149 Dazzle, Inc. produces beads for...Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations for June. The journal entry to record June production activities for direct labor usage is:
need hwlp with question 8. please show how you got it
The Fabricating Department started the current month with a beginning Work in Process inventory of $10,000. During the month, it was assigned the following costs: direct materials, $76.000, direct labor, $24,000, and factory overhead, 50% of direct labor cost. Also, inventory with a cost of $109,000 was transferred out of the department to the next phase in the process. The ending balance of the Work in Process Inventory account...
need hwlp with question 5
Compute Tasty's departmental overhead rate for the mixing department based on machine hours. A) $1.50 per MH. B) $3.33 per MH. C) $0.60 per MH. D) $0.50 per MH. E) $2.00 per MH. 5) Dazzle, Inc. produces beads for jewelry making use. The following information summarizes production operations for June. The journal entry to record June production activities for overhead allocation is: Direct materials used $ 87,000 Direct labor used 160,000 155% Predetermined overhead rate...
need help with question 9
M e s direct materials stred e nd of director cont. Also, n o balance of the Work in Process Inventory ed out of the department to the next phase in the process A) $13.000 for the Fabricating Department B) $56,000 C) $59,000 D) $110.000 E) $165,000. 3) Dazzle, Inc. produces beads for jewelry malinaw The following information summa production operations for June. The journal entry to record June production activities for direct material usage...
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