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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 $ 30,000 Indirect materials included in manufacturing overhead $ 4,570 Direct labor $ 58,800 Manufacturing overhead applied to work in process $ 88,600 Underapplied overhead $ 4,190 Inventories Beginning Ending Raw materials $ 11,300 $ 19,700 Work in process $ 54,400 $ 67,900 Finished goods $ 34,000 $ 43,900 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 $31,000 Indirect materials included in manufacturing overhead$ 4,570 Direct labor$59,200Manufacturing overhead applied to work in process$87,100Underapplied overhead $ 4,190 InventoriesBeginningEndingRaw materials$ 12,000$ 18.200Work in process $ 54,300$ 66,900Finished goods $ 33,300$ 42,800Required: 1. Prepare a schedule of cost of goods manufactured for the month 2. Prepare a schedule of cost of goods sold for the month. Assume the underapplied or overapplied overhead is closed to Goods Sold.
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 s 4,830 $ 59,206e 87,900 4,120 Inventories Raw materials ผ0rk in process Finished goods Beginning Ending 11,600 $19,20 $ 54,400 $69,000 33,400 $42,980 Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare a schedule of cost of goods sold for...
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 $ 30,000 $ 4,910 $ 59,400 $ 88,900 $ 4,060 Inventories Raw materials Work in process Finished goods Beginning Ending $ 10,300 $ 18,600 $ 54,100 $ 66,900 $ 34,600 $ 42,100 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 Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Underapplied overhead $ 30,000 $ 5,000 $ 58,000 $ 87,000 $ 4,000 Inventories Raw materials Work in process Finished goods Beginning Ending $ 12,000 $18,000 $ 56,000 $ 65,000 $ 35,000 $ 42,000 Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare a...
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials used in production Direct labor Manufacturing overhead applied to work in process Underapplied overhead $32,000 $ 4,600 $58,800 $88,300 $ 4,060 Inventories Raw materials Work in process Finished goods Beginning $ 10,600 $ 54,700 $ 33,200 Ending $ 18, 800 $ 68,300 $ 42,100 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 $ 4,620 $58, 200 $87,200 $ 4,070 Inventories Raw materials Work in process Finished goods Beginning $ 10,000 $ 54,500 $ 34,800 Ending $ 18,700 $ 67,800 $ 42,600 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. 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 $ 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...
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 $ 4,980 $59,100 $88,300 $ 4,040 Inventories Raw materials Work in process Finished goods Beginning $ 10,900 $ 55,700 $ 34,900 Ending $ 18,100 $ 67,700 $ 42,500 Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare a schedule of...