Homework Answers
Schedule of cost of goods manufactured
| Beginning work in process | 95140 | ||
| Direct material | |||
| Beginning material | 142000 | ||
| Material purchase | 272640 | ||
| Material available for use | 414640 | ||
| Less: Ending material | -123540 | ||
| Direct material | 291100 | ||
| Direct labor | 255600 | ||
| Factory overhead | |||
| Indirect labor | 27260 | ||
| Machine Depreciation | 16470 | ||
| Heat light and power | 5680 | ||
| Supplies | 4540 | ||
| Property taxes | 3980 | ||
| Miscellaneous costs | 7380 | ||
| Total factory overhead | 65310 | ||
| Total manufacturing costs incurred during march | 612010 | ||
| Total manufacturing costs | 707150 | ||
| Less: Ending work in process | -82770 | ||
| Cost of goods manufactured | 624380 | ||
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Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Johnstone Manufacturing Company...
Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Johnstone Manufacturing Company...
Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Johnstone Manufacturing Company for the month ended March 31 are as follows: March 1 March 31 Inventories Materials $ 142,000 $123,540 Work in process 95,140 82,770 Finished goods 72,420 82,770 Direct labor $255,600 272,640 Materials purchased during March Factory overhead incurred during March: Indirect labor 27,260 Machinery depreciation 16,470 Heat, light, and power 5,680 4,540 Supplies 3,980 Property taxes Miscellaneous costs 7,380 a. Prepare a cost of...
Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Johnstone Manufacturing Company...
Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Johnstone Manufacturing Company for the month ended March 31 are as follows: Inventories March 1 March 31 Materials $165,150 $183,500 122,950 110,650 Work in process Finished goods 93,590 110,650 $330,300 352,320 35,230 Direct labor Materials purchased during March Factory overhead incurred during March: Indirect labor Machinery depreciation Heat, light, and power Supplies Property taxes Miscellaneous costs 21,290 7,340 5,870 5,140 9,540 a. Prepare a cost of goods...
Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Johnstone Manufacturing Company...
Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Johnstone Manufacturing Company for the month ended March 31 are as follows: Inventories March 1 March 31 Materials $212,000 $182,320 Work in process 1 44,160 123,980 Finished goods 110,240 122,150 S. Direct labor Materials purchased during March Factory overhead incurred during March: $381,600 407,040 Indirect labor Machinery depreciation Heat, light, and power Supplies Property taxes Miscellaneous costs a. Prepare a cost of goods manufactured statement for March....
Calculator Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Johnstone Manufacturing...
Calculator Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Johnstone Manufacturing Company for the month ended March 31 are as follows: Inventories March 1 March 31 $168,130 Materials Work in process Finished goods $193,250 127,550 100,490 110,970 112,650 $347,850 371,040 Direct labor Materials purchased during March Factory overhead incurred during March: Indirect labor Machinery depreciation Heat, light, and power 37,100 22,420 7,730 6,180 5,410 10,050 Supplies Property taxes Miscellaneous costs a. Prepare a cost of...
Statement of cost of goods manufactured for a manufacturing company Cost data for Johnstone Manufacturing Company...
Statement of cost of goods manufactured for a manufacturing company Cost data for Johnstone Manufacturing Company for the month ended March 31 are as follows: Inventories March 1 Materials $217,200 Work in process 450,840 Finished goods 606,300 March 31 $199,720 527,900 637,020 Direct labor $3,620,000 Materials purchased during March 2,757,610 Factory overhead incurred during March: Indirect labor 330,970 Machinery depreciation 217,200 Heat, light, and power 181,000 Supplies 36,090 Property taxes 31,020 Miscellaneous costs 47,270 This information has been collected in...
Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Johnstone Manufacturing Company...
Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Johnstone Manufacturing Company for the month ended March 31 are as follows: March 1 March 31 Inventories Materials $182,000 $163,800 Work in process 123,760 111,380 Finished goods 94,640 111,380 Direct labor $327,600 Materials purchased during March 349,440 Factory overhead incurred during March: Indirect labor 34,940 Machinery depreciation 21,110 Heat, light, and power 7,280 Supplies 5,820 Property taxes 5,100 Miscellaneous costs 9,460 a. Prepare a cost of goods...
Statement of cost of goods manufactured for a manufacturing company Cost data for Johnstone Manufacturing Company...
Statement of cost of goods manufactured for a manufacturing company Cost data for Johnstone Manufacturing Company for the month ended March 31 are as follows: Inventories Materials Work in process Finished goods = March 1 $187.200 388,570 522,560 March 31 $172,130 454970 S49,020 = = m $3,120,000 2,376,720 all Direct labore Materials purchased during March Factory overhead incurred during March: Indirect labor Machinery depreciation Heat, light, and power Supplies Property taxes Miscellaneous costs 285250 187,200 156,000 31.110 26,740 40,740 This...
Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Disksan Manufacturing Company...
Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Disksan Manufacturing Company for the month ended January 31 are as follows: Inventories Materials Work in process Finished goods January 1 $184,500 125,460 95,940 January 31 $156,830 106,640 105,080 Direct labor Materials purchased during January Factory overhead incurred during January: $332,100 354,240 Indirect labor Machinery depreciation Heat, light, and power Supplies Property taxes Miscellaneous costs 35,420 21,400 7,380 5,900 5,170 9,590 a. Prepare a cost of goods...
Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Disksan Manufacturing Company...
Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Disksan Manufacturing Company for the month ended January 31 are as follows: Inventories January 1 January 31 Materials $224,000 $201,600 154,560 139,100 Work in process Finished goods 114,240 137,090 Direct labor $403,200 430,080 Materials purchased during January Factory overhead incurred during January: Indirect labor 43,010 Machinery depreciation 25,980 Heat, light, and power 8,960 Supplies 7,170 Property taxes 6,270 Miscellaneous costs 11,650 a. Prepare a cost of goods...
Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Disksan Manufacturing Company...
Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Disksan Manufacturing Company for the month ended January 31 are as follows: Inventories January 1 January 31 Materials $231,000 $198,660 154,770 133,100 Work in process Finished goods 120,120 133,100 Direct labor $415,800 Materials purchased during January 443,520 Factory overhead incurred during January: Indirect labor 44,350 Machinery depreciation Heat, light, and power 26,800 9,240 Supplies 7,390 Property taxes 6,470 Miscellaneous costs 12,010 a. Prepare a cost of goods...
Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Johnstone Manufacturing Company for the month ended March 31 are as follows: March 1 March 31 Inventories Materials $ 142,000 $123,540 Work in process 95,140 82,770 Finished goods 72,420 82,770 Direct labor $255,600 272,640 Materials purchased during March Factory overhead incurred during March: Indirect labor 27,260 Machinery depreciation 16,470 Heat, light, and power 5,680 4,540 Supplies 3,980 Property taxes Miscellaneous costs 7,380 a. Prepare a cost of...
Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Johnstone Manufacturing Company for the month ended March 31 are as follows: Inventories March 1 March 31 Materials $165,150 $183,500 122,950 110,650 Work in process Finished goods 93,590 110,650 $330,300 352,320 35,230 Direct labor Materials purchased during March Factory overhead incurred during March: Indirect labor Machinery depreciation Heat, light, and power Supplies Property taxes Miscellaneous costs 21,290 7,340 5,870 5,140 9,540 a. Prepare a cost of goods...
Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Johnstone Manufacturing Company for the month ended March 31 are as follows: Inventories March 1 March 31 Materials $212,000 $182,320 Work in process 1 44,160 123,980 Finished goods 110,240 122,150 S. Direct labor Materials purchased during March Factory overhead incurred during March: $381,600 407,040 Indirect labor Machinery depreciation Heat, light, and power Supplies Property taxes Miscellaneous costs a. Prepare a cost of goods manufactured statement for March....
Calculator Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Johnstone Manufacturing Company for the month ended March 31 are as follows: Inventories March 1 March 31 $168,130 Materials Work in process Finished goods $193,250 127,550 100,490 110,970 112,650 $347,850 371,040 Direct labor Materials purchased during March Factory overhead incurred during March: Indirect labor Machinery depreciation Heat, light, and power 37,100 22,420 7,730 6,180 5,410 10,050 Supplies Property taxes Miscellaneous costs a. Prepare a cost of...
Statement of cost of goods manufactured for a manufacturing company Cost data for Johnstone Manufacturing Company for the month ended March 31 are as follows: Inventories March 1 Materials $217,200 Work in process 450,840 Finished goods 606,300 March 31 $199,720 527,900 637,020 Direct labor $3,620,000 Materials purchased during March 2,757,610 Factory overhead incurred during March: Indirect labor 330,970 Machinery depreciation 217,200 Heat, light, and power 181,000 Supplies 36,090 Property taxes 31,020 Miscellaneous costs 47,270 This information has been collected in...
Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Johnstone Manufacturing Company for the month ended March 31 are as follows: March 1 March 31 Inventories Materials $182,000 $163,800 Work in process 123,760 111,380 Finished goods 94,640 111,380 Direct labor $327,600 Materials purchased during March 349,440 Factory overhead incurred during March: Indirect labor 34,940 Machinery depreciation 21,110 Heat, light, and power 7,280 Supplies 5,820 Property taxes 5,100 Miscellaneous costs 9,460 a. Prepare a cost of goods...
Statement of cost of goods manufactured for a manufacturing company Cost data for Johnstone Manufacturing Company for the month ended March 31 are as follows: Inventories Materials Work in process Finished goods = March 1 $187.200 388,570 522,560 March 31 $172,130 454970 S49,020 = = m $3,120,000 2,376,720 all Direct labore Materials purchased during March Factory overhead incurred during March: Indirect labor Machinery depreciation Heat, light, and power Supplies Property taxes Miscellaneous costs 285250 187,200 156,000 31.110 26,740 40,740 This...
Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Disksan Manufacturing Company for the month ended January 31 are as follows: Inventories Materials Work in process Finished goods January 1 $184,500 125,460 95,940 January 31 $156,830 106,640 105,080 Direct labor Materials purchased during January Factory overhead incurred during January: $332,100 354,240 Indirect labor Machinery depreciation Heat, light, and power Supplies Property taxes Miscellaneous costs 35,420 21,400 7,380 5,900 5,170 9,590 a. Prepare a cost of goods...
Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Disksan Manufacturing Company for the month ended January 31 are as follows: Inventories January 1 January 31 Materials $224,000 $201,600 154,560 139,100 Work in process Finished goods 114,240 137,090 Direct labor $403,200 430,080 Materials purchased during January Factory overhead incurred during January: Indirect labor 43,010 Machinery depreciation 25,980 Heat, light, and power 8,960 Supplies 7,170 Property taxes 6,270 Miscellaneous costs 11,650 a. Prepare a cost of goods...
Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Disksan Manufacturing Company for the month ended January 31 are as follows: Inventories January 1 January 31 Materials $231,000 $198,660 154,770 133,100 Work in process Finished goods 120,120 133,100 Direct labor $415,800 Materials purchased during January 443,520 Factory overhead incurred during January: Indirect labor 44,350 Machinery depreciation Heat, light, and power 26,800 9,240 Supplies 7,390 Property taxes 6,470 Miscellaneous costs 12,010 a. Prepare a cost of goods...
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