Homework Answers
Franklin's total manufacturing costs: $ 144,000
| Direct materials used | $ 78,000 | |
| Direct labor ( $ 54,000 - 14,000) | 40,000 | |
| Manufacturing overhead | ||
| Factory supervisory salaries | $ 11,000 | |
| Indirect labor | 14,000 | |
| Property taxes on factory building | 1,000 | 26,000 |
| Total Manufacturing Costs | $ 144,000 |
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Question 2 3 pts Franklin Corp. reports the following: Factory supervisory salaries: 11,000 Sales commissions: 12,000...
Flounder Company reports the following costs and expenses in May. $72,700 50,000 2,600 Factory utilities Depreciation...
Flounder Company reports the following costs and expenses in May. $72,700 50,000 2,600 Factory utilities Depreciation on factory equipment Depreciation on delivery trucks Indirect factory labor Indirect materials Direct materials used Factory manager's salary $16,000 Direct labor 14,250 Sales salaries 4,900 Property taxes on factory building 53,500 Repairs to office equipment 85,000 Factory repairs 141,700 Advertising 8,100 Office supplies used 1,800 2,970 15,600 3,420 From the information: (a) Determine the total amount of manufacturing overhead. Manufacturing overhead $
Knight Company reports the following costs and expenses in May Factory utilities Depreciation on factory equipment...
Knight Company reports the following costs and expenses in May Factory utilities Depreciation on factory equipment $16,300 Direct labor $70,400 13,050 Sales salaries 49,600 Property taxes on factory 4,900 building 52,600 Repairs to office equipment 82,100 Factory repairs Depreciation on delivery trucks Indirect factory labor Indirect materials Direct materials used Factory manager's salary 3,100 1,400 2,890 16,500 3,140 138,700 Advertising 9,000 Office supplies used From the information: Determine the total amount of manufacturing overhead. Manufacturing overhead LINK TO TEXT Determine...
Corporate headquarters building lease $77,000 Cosmetics Department sales commissions--Northridge Store $ 8.000 Corporate legal office salaries...
Corporate headquarters building lease $77,000 Cosmetics Department sales commissions--Northridge Store $ 8.000 Corporate legal office salaries 559.000 Store manager's salary-Northridge Store $ 11,000 $ 10,000 $ 37,000 Heating Northridge Store Cosmetics Department cost of sales - Northridge Store Central warehouse lease cost Store security-Northridge Store $ 16,000 $ 12,000 Cosmetics Department manager's salary-- Northridge Store $ 4,000 The Northridge Store is just one of many stores owned and operated by the company. The Cosmetics Department is one of many departments...
From owner's capital and down which selection is credit and debit D&G Catering Company Trial Balance...
From owner's capital and down which selection is credit and
debit
D&G Catering Company Trial Balance September 30th, 2020 Credit $ Debit 54,000 48,000 317,000 30,000 70,000 19,000 270,000 12,000 48,000 36,000 4,000 5,000 20,000 8,000 24,000 Cash Land Equipment Short Term Investment Inventory Trademark Building Franchise Account Receivable Delivery Van Interest Receivable Office Supplies PREPAID LEGAL EXPENSES PREPAID ADVERTISING EXPENSE UNEARNED CATERING REVENUE ACCOUNTS PAYABLE MORTGAGE PAYABLE SALARY PAYABLE INCOME TAX PAYABLE NOTES PAYABLE Owner's Capital Owner's Drawing CATERING...
Question 18 Knight Company reports the following costs and expenses in May. Factory utilities $16,800 Direct...
Question 18 Knight Company reports the following costs and expenses in May. Factory utilities $16,800 Direct labor $72,600 Depreciation on factory equipment 14,350 Sales salaries 46,700 Depreciation on delivery trucks 4,200 3,500 Indirect factory labor Indirect materials Direct materials used Factory manager's salary 52,500 84,300 138,700 8,400 Property taxes on factory building Repairs to office equipment Factory repairs Advertising Office supplies used 1,700 2,970 16,700 3,370 From the information: (a) Determine the total amount of manufacturing overhead. Manufacturing overhead
Determine the: Manufacturing overhead, Product costs, and Period costs. Knight Company reports the following costs and...
Determine the: Manufacturing overhead, Product costs, and Period
costs.
Knight Company reports the following costs and expenses in May. Direct labor Sales salaries Factory utilities Depreciation on factory equipment Depreciation on delivery trucks Indirect factory labor Indirect materials Direct materials used Factory manager's salary $16,500 14,750 4,000 54,000 81,700 141,700 Property taxes on factory building Repairs to office equipment Factory repairs Advertising Office supplies used $74,000 49,300 2,900 1,600 2,740 16,600 2,990 8,300 From the information:
Kennedy Company reports the following costs and expenses in May. Factory utilities $ 16,500 Direct labor...
Kennedy Company reports the following costs and expenses in May. Factory utilities $ 16,500 Direct labor $79,100 Depreciation on factory equipment 12,650 Sales salaries 48,400 Property taxes on factory building 2,500 Depreciation on delivery trucks 3,800 Indirect factory labor 48,900 Repairs to office equipment 1,300 Indirect materials 70,800 Factory repairs 2,000 Direct materials used 157,600 Advertising 23,000 Factory manager's salary 8,000 Office supplies used 4,640 Instructions From the information, determine the total amount of: (a) Manufacturing overhead. (b) Product costs. (c) Period costs.
Exercise 15-4 Knight Company reports the following costs and expenses in May. Factory utilities Depreciation on...
Exercise 15-4 Knight Company reports the following costs and expenses in May. Factory utilities Depreciation on factory equipment $16,100 14,350 $70,000 50,400 4,000 Direct labor Sales salaries Property taxes on factory building Repairs to office equipment Factory repairs Advertising Office supplies used Depreciation on delivery trucks Indirect factory labor Indirect materials Direct materials used Factory manager's salary 3,000 50,200 85,300 139,700 8,700 1,900 3,030 16,000 3,580 From the information: Determine the total amount of manufacturing overhead. Manufacturing overhead LINK TO...
Question 3 0.99 Knight Company reports the following costs and expenses in May. Factory utilities Depreciation...
Question 3 0.99 Knight Company reports the following costs and expenses in May. Factory utilities Depreciation on factory equipment Depreciation on delivery trucks Indirect factory labor Indirect materials Direct materials used Factory manager's salary $16,200 Direct labor 14,350 Sales salaries 4,300 Property taxes on factory building 50,700 Repairs to office equipment 82800 Factory repairs 141,700 Advertising $73,000 51,000 2,800 1,400 3,040 16,800 3,630 8,100 Office supplies used From the information: X Your answer is incorrect. Determine the total amount of...
Kennedy Company reports the following costs and expenses in May. Factory utilities $ 16,500 Depreciation on...
Kennedy Company reports the following costs and expenses in May. Factory utilities $ 16,500 Depreciation on factory equipment 12,650 Depreciation on delivery trucks 3,800 Indirect factory labor 48,900 Indirect materials 70,800 Direct materials used 157,600 Factory manager's salary 8,000 Direct labor 79,100 Sales salaries 48,400 Property taxes on factory building 2,500 Repairs to office equipment 1,300 Factory repairs 2,000 Advertising 23,000 Office supplies used 4,640 Determine the total amount of manufacturing overhead. Manufacturing overhead $ Determine the total amount of...
Flounder Company reports the following costs and expenses in May. $72,700 50,000 2,600 Factory utilities Depreciation on factory equipment Depreciation on delivery trucks Indirect factory labor Indirect materials Direct materials used Factory manager's salary $16,000 Direct labor 14,250 Sales salaries 4,900 Property taxes on factory building 53,500 Repairs to office equipment 85,000 Factory repairs 141,700 Advertising 8,100 Office supplies used 1,800 2,970 15,600 3,420 From the information: (a) Determine the total amount of manufacturing overhead. Manufacturing overhead $
Knight Company reports the following costs and expenses in May Factory utilities Depreciation on factory equipment $16,300 Direct labor $70,400 13,050 Sales salaries 49,600 Property taxes on factory 4,900 building 52,600 Repairs to office equipment 82,100 Factory repairs Depreciation on delivery trucks Indirect factory labor Indirect materials Direct materials used Factory manager's salary 3,100 1,400 2,890 16,500 3,140 138,700 Advertising 9,000 Office supplies used From the information: Determine the total amount of manufacturing overhead. Manufacturing overhead LINK TO TEXT Determine...
Corporate headquarters building lease $77,000 Cosmetics Department sales commissions--Northridge Store $ 8.000 Corporate legal office salaries 559.000 Store manager's salary-Northridge Store $ 11,000 $ 10,000 $ 37,000 Heating Northridge Store Cosmetics Department cost of sales - Northridge Store Central warehouse lease cost Store security-Northridge Store $ 16,000 $ 12,000 Cosmetics Department manager's salary-- Northridge Store $ 4,000 The Northridge Store is just one of many stores owned and operated by the company. The Cosmetics Department is one of many departments...
From owner's capital and down which selection is credit and
debit
D&G Catering Company Trial Balance September 30th, 2020 Credit $ Debit 54,000 48,000 317,000 30,000 70,000 19,000 270,000 12,000 48,000 36,000 4,000 5,000 20,000 8,000 24,000 Cash Land Equipment Short Term Investment Inventory Trademark Building Franchise Account Receivable Delivery Van Interest Receivable Office Supplies PREPAID LEGAL EXPENSES PREPAID ADVERTISING EXPENSE UNEARNED CATERING REVENUE ACCOUNTS PAYABLE MORTGAGE PAYABLE SALARY PAYABLE INCOME TAX PAYABLE NOTES PAYABLE Owner's Capital Owner's Drawing CATERING...
Question 18 Knight Company reports the following costs and expenses in May. Factory utilities $16,800 Direct labor $72,600 Depreciation on factory equipment 14,350 Sales salaries 46,700 Depreciation on delivery trucks 4,200 3,500 Indirect factory labor Indirect materials Direct materials used Factory manager's salary 52,500 84,300 138,700 8,400 Property taxes on factory building Repairs to office equipment Factory repairs Advertising Office supplies used 1,700 2,970 16,700 3,370 From the information: (a) Determine the total amount of manufacturing overhead. Manufacturing overhead
Determine the: Manufacturing overhead, Product costs, and Period
costs.
Knight Company reports the following costs and expenses in May. Direct labor Sales salaries Factory utilities Depreciation on factory equipment Depreciation on delivery trucks Indirect factory labor Indirect materials Direct materials used Factory manager's salary $16,500 14,750 4,000 54,000 81,700 141,700 Property taxes on factory building Repairs to office equipment Factory repairs Advertising Office supplies used $74,000 49,300 2,900 1,600 2,740 16,600 2,990 8,300 From the information:
Exercise 15-4 Knight Company reports the following costs and expenses in May. Factory utilities Depreciation on factory equipment $16,100 14,350 $70,000 50,400 4,000 Direct labor Sales salaries Property taxes on factory building Repairs to office equipment Factory repairs Advertising Office supplies used Depreciation on delivery trucks Indirect factory labor Indirect materials Direct materials used Factory manager's salary 3,000 50,200 85,300 139,700 8,700 1,900 3,030 16,000 3,580 From the information: Determine the total amount of manufacturing overhead. Manufacturing overhead LINK TO...
Question 3 0.99 Knight Company reports the following costs and expenses in May. Factory utilities Depreciation on factory equipment Depreciation on delivery trucks Indirect factory labor Indirect materials Direct materials used Factory manager's salary $16,200 Direct labor 14,350 Sales salaries 4,300 Property taxes on factory building 50,700 Repairs to office equipment 82800 Factory repairs 141,700 Advertising $73,000 51,000 2,800 1,400 3,040 16,800 3,630 8,100 Office supplies used From the information: X Your answer is incorrect. Determine the total amount of...
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