Foxburg Company has the following information: Work-in-Process Finished Goods Materials Beginning inventory $ 1,150 $...
Foxburg Company has the following information:
| Work-in-Process | Finished Goods | Materials | |||||||||
| Beginning inventory | $ | 1,150 | $ | 1,250 | $ | 1,350 | |||||
| Ending inventory | $ | 2,400 | $ | 2,600 | $ | 3,200 | |||||
| Purchases of materials | $ | 11,100 | |||||||||
| Cost of Goods Sold | $ | 19,000 | |||||||||
| Manufacturing overhead | $ | 5,950 | |||||||||
What was the direct labor for the period?
Homework Answers
Thankyou...Please give a thumbs up!
Add Answer to:
Foxburg Company has the following information:
Work-in-Process
Finished Goods
Materials
Beginning inventory
$
1,150
$...
Foxburg Company has the following information: Finished Goods $1,050 $2,200 Materials $1,150 $2,800 Beginning inventory Ending...
Foxburg Company has the following information: Finished Goods $1,050 $2,200 Materials $1,150 $2,800 Beginning inventory Ending inventory Purchases of materials (net) Cost of Goods Sold Manufacturing overhead Work-in-Process $ 950 $ 2,000 $10,300 $18,200 $ 5,550 What was the cost of goods available for sale for the period?
Finished Goods $ 1,350 $2,800 Beginning inventory Ending inventory Purchases of materials Cost of Goods Sold...
Finished Goods $ 1,350 $2,800 Beginning inventory Ending inventory Purchases of materials Cost of Goods Sold Manufacturing overhead Work-in-Process $ 1,250 $ 2,600 $ 11,500 $19,400 $ 6,150 What was the direct labor for the period? O $6,500. O $7,750. O $8,200. $9,650. ©2020 McGraw-Hill Educa bllowing information: Finished Goods $ 1,350 $2,800 Materials $ 1,450 $3,400 Work-In-Process $ 1,250 $ 2,600 $ 11,500 $19,400 $ 6,150 e period?
Sales Raw materials inventory, beginning Work in process inventory, beginning Finished goods inventory, beginning Raw materials...
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 $ 1,115,000 36,000 51,600 67,500 158,200 235,000 22, 200 45,000 5,250 57,000 90,000 141,000 48,300 42,400 74,500 DELRAY MFG. Schedule of Cost of Goods Manufactured For Year Ended...
Beginning finished goods inventory Beginning work in process inventory Beginning raw materials inventory (direct materials) Rental...
Beginning finished goods inventory Beginning work in process inventory Beginning raw materials inventory (direct materials) Rental cost on factory equipment Direct labor Ending finished goods inventory Ending work in process inventory Ending raw materials inventory Factory utilities Factory supplies used (indirect materials) General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Factory equipment, net Accounts receivable, net Garcon Company $ 13,400 16,000 7,700 32,250 23,600 20,900 26, 200 5,500 10,500 9,700 28,500 2,100 4,700...
What is the manufacturing overhead Cash Raw materials inventory Work in process inventory Finished goods inventory...
What is the manufacturing overhead
Cash Raw materials inventory Work in process inventory Finished goods inventory Property, plant, and equipment Accumulated depreciation Common stock Retained earnings Total $20,000 1,800 2,400 4,200 15,000 $ 6,000 16,800 20,600 $ 43, 400 $43,400 Transactions for the Accounting Period 1. Fairport purchased $11,400 of direct raw materials and $600 of indirect raw materials on account. The indirect materials are capitalized in the Production Supplies account. Materials requisitions showed that $10,800 of direct raw materials...
$ Sales Raw materials inventory, beginning Work in process inventory, beginning Finished goods inventory, beginning Raw...
$ 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 1,892,000 37,000 54,300 64,100 151,800 248,000 20,900 49,000 5,250 52,000 90,000 134,000 46,300 45,100 69,280 Prepare its schedule of cost of goods manufactured for the current year...
Raw materials inventory Work in process inventory-Weaving Work in process inventory-Sewing Finished goods inventory Beginning Inventory...
Raw materials inventory Work in process inventory-Weaving Work in process inventory-Sewing Finished goods inventory Beginning Inventory $ 148,000 300,000 635,000 1,456,000 Ending Inventory $ 189,000 355,000 790,000 1,476,000 The following additional information describes the company's manufacturing activities for June: S 620,000 3, 465,000 178,000 $ 280,000 129,000 160,000 Raw materials purchases (on credit) Factory payroll coat (paid in cash) Other factory overhead coat (Other Accounts credited) Materials used Direct-Weaving Direct-Sewing Indirect Labor used Direct-Weaving Direct-Sewing Indirect Overhead rates as a...
McGown Corp. has the following information: Raw Materials Inventory Work in Process Inventory Finished Goods Inventory...
McGown Corp. has the following information: Raw Materials Inventory Work in Process Inventory Finished Goods Inventory Beginning Ending Inventory Inventory (1/1) (12/31) $ 23,900 $ 38,700 $ 15,100 $ 27,000 $ 37,000 $ 28,900 Additional information for the year is as follows: Raw materials purchases $ 101,900 Direct labor $ 83,800 Manufacturing overhead applied $ 88,500 Indirect materials $ 0 Compute the direct materials used in production.
Compute cost of goods sold using the following information: $ 10 points Finished goods inventory, beginning...
Compute cost of goods sold using the following information: $ 10 points Finished goods inventory, beginning Cost of goods manufactured Finished goods inventory, ending 600 7,800 1,150 eBook Hint Cost of Goods Sold is Computed as: Beginning finished goods inventory Print References Cost of goods sold 0 Check my work Compute the total manufacturing cost for a manufacturer with the following information for the month. 10 points Raw materials purchased Direct materials used Direct labor used Factory supervisor salary Salesperson...
Beginning finished goods inventory Beginning work in process inventory Beginning raw materials inventory (direct materials) Rental...
Beginning finished goods inventory Beginning work in process inventory Beginning raw materials inventory (direct materials) Rental cost on factory equipment Direct labor Ending finished goods inventory Ending work in process inventory Ending raw materials inventory Factory utilities Factory supplies used (indirect materials) General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Factory equipment, net Accounts receivable, net Garcon Company $13,000 16,880 10,600 34,750 21,000 20.600 22,900 7.620 9,150 13,600 28,500 2,200 5.900 44,500 60,...
Foxburg Company has the following information: Finished Goods $1,050 $2,200 Materials $1,150 $2,800 Beginning inventory Ending inventory Purchases of materials (net) Cost of Goods Sold Manufacturing overhead Work-in-Process $ 950 $ 2,000 $10,300 $18,200 $ 5,550 What was the cost of goods available for sale for the period?
Finished Goods $ 1,350 $2,800 Beginning inventory Ending inventory Purchases of materials Cost of Goods Sold Manufacturing overhead Work-in-Process $ 1,250 $ 2,600 $ 11,500 $19,400 $ 6,150 What was the direct labor for the period? O $6,500. O $7,750. O $8,200. $9,650. ©2020 McGraw-Hill Educa bllowing information: Finished Goods $ 1,350 $2,800 Materials $ 1,450 $3,400 Work-In-Process $ 1,250 $ 2,600 $ 11,500 $19,400 $ 6,150 e period?
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 $ 1,115,000 36,000 51,600 67,500 158,200 235,000 22, 200 45,000 5,250 57,000 90,000 141,000 48,300 42,400 74,500 DELRAY MFG. Schedule of Cost of Goods Manufactured For Year Ended...
Beginning finished goods inventory Beginning work in process inventory Beginning raw materials inventory (direct materials) Rental cost on factory equipment Direct labor Ending finished goods inventory Ending work in process inventory Ending raw materials inventory Factory utilities Factory supplies used (indirect materials) General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Factory equipment, net Accounts receivable, net Garcon Company $ 13,400 16,000 7,700 32,250 23,600 20,900 26, 200 5,500 10,500 9,700 28,500 2,100 4,700...
What is the manufacturing overhead
Cash Raw materials inventory Work in process inventory Finished goods inventory Property, plant, and equipment Accumulated depreciation Common stock Retained earnings Total $20,000 1,800 2,400 4,200 15,000 $ 6,000 16,800 20,600 $ 43, 400 $43,400 Transactions for the Accounting Period 1. Fairport purchased $11,400 of direct raw materials and $600 of indirect raw materials on account. The indirect materials are capitalized in the Production Supplies account. Materials requisitions showed that $10,800 of direct raw materials...
$ 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 1,892,000 37,000 54,300 64,100 151,800 248,000 20,900 49,000 5,250 52,000 90,000 134,000 46,300 45,100 69,280 Prepare its schedule of cost of goods manufactured for the current year...
Raw materials inventory Work in process inventory-Weaving Work in process inventory-Sewing Finished goods inventory Beginning Inventory $ 148,000 300,000 635,000 1,456,000 Ending Inventory $ 189,000 355,000 790,000 1,476,000 The following additional information describes the company's manufacturing activities for June: S 620,000 3, 465,000 178,000 $ 280,000 129,000 160,000 Raw materials purchases (on credit) Factory payroll coat (paid in cash) Other factory overhead coat (Other Accounts credited) Materials used Direct-Weaving Direct-Sewing Indirect Labor used Direct-Weaving Direct-Sewing Indirect Overhead rates as a...
McGown Corp. has the following information: Raw Materials Inventory Work in Process Inventory Finished Goods Inventory Beginning Ending Inventory Inventory (1/1) (12/31) $ 23,900 $ 38,700 $ 15,100 $ 27,000 $ 37,000 $ 28,900 Additional information for the year is as follows: Raw materials purchases $ 101,900 Direct labor $ 83,800 Manufacturing overhead applied $ 88,500 Indirect materials $ 0 Compute the direct materials used in production.
Compute cost of goods sold using the following information: $ 10 points Finished goods inventory, beginning Cost of goods manufactured Finished goods inventory, ending 600 7,800 1,150 eBook Hint Cost of Goods Sold is Computed as: Beginning finished goods inventory Print References Cost of goods sold 0 Check my work Compute the total manufacturing cost for a manufacturer with the following information for the month. 10 points Raw materials purchased Direct materials used Direct labor used Factory supervisor salary Salesperson...
Beginning finished goods inventory Beginning work in process inventory Beginning raw materials inventory (direct materials) Rental cost on factory equipment Direct labor Ending finished goods inventory Ending work in process inventory Ending raw materials inventory Factory utilities Factory supplies used (indirect materials) General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Sales Cash Factory equipment, net Accounts receivable, net Garcon Company $13,000 16,880 10,600 34,750 21,000 20.600 22,900 7.620 9,150 13,600 28,500 2,200 5.900 44,500 60,...
Most questions answered within 3 hours.
-
These surveys collect information in low- and
middle-income countries regarding the total fertility rate and the...
asked 3 minutes ago -
I need to determine the concentration of hydrogen peroxide in a
solution using titrimetric analysis
25...
asked 12 minutes ago -
Your are the Vice-President of operations for a New Orleans food
chain. In the aftermath of...
asked 16 minutes ago -
Create a flowchart and a program; test the program. Program
Requirements.
- There are 10 members...
asked 16 minutes ago -
Which of the following is not a sensory receptor?
a. a hair cell
b. a rod
c. a...
asked 19 minutes ago -
Does the launch speed depend significantly upon the launching
angle? Is it reasonable?
asked 50 minutes ago -
A disc of moment of inertia 3.00 kgm2 is rotating with angular
velocity 2.00 rad/s about...
asked 34 minutes ago -
Hi, can somone help me with this question?
Omega Company reported the following information for the...
asked 40 minutes ago -
WHY SOME PEOPLE DECIDE TO STAY IN THEIR HOMES WHEN AN EXTREME
WEATHER EVENT SURROUNDS THEM.
asked 38 minutes ago -
Which of the following is a financial intermediary?
a mutual fund
the stock market
a U.S....
asked 48 minutes ago -
Completely and thoroughly explain how control charts could be
used by a company that makes eyeglass...
asked 57 minutes ago -
Explain how the equilibrium loanable funds interest rate is
determined? Please draw a picture of what...
asked 58 minutes ago