Homework Answers
A) 23,500 (27,000-3,500)
B) 20,000
C) 6,500
D) 3,500
E) 1,600
F) 1,950
G) 30,000
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7-26 (st i Data Table alyze the fo Click the Raw Materials Inventory Work-in-Process Inventory Finished...
. st End of Year $ 9.500 Raw materials inventory Work in process inventory Finished goods...
. st End of Year $ 9.500 Raw materials inventory Work in process inventory Finished goods inventory Purchases of direct materials Direct labour Indirect labour Beginning End of Year of Year 5 32,000 $ 35,000 Insurance on plant 53.000 44000 Depreciation-plant building 26.000 28.000 and equipment 79,000 Repairs and maintenance-plant 90.000 Marketing expenses 18000 General and administrative expenses 13,000 7,500 80 000 33 000 Print Done he input fields and then click Check Answer ACCT 211 Management Accounting Homework: Chapter...
Analyze the following T-accounts: F: (Click the icon to view the T-accounts.) Determine the missing amounts....
Analyze the following T-accounts: F: (Click the icon to view the T-accounts.) Determine the missing amounts. (Assume all beginning balances are $0 and that material costs are recorded before labor costs.) Finished Goods Inventory Raw Materials Inventory 27,000 Work-in-Process Inventory (b) 35,000 5,000 10,800 Bal. 1,800 Bal. 3,500 Bal. 8,000 Accumulated Depreciation Accounts Payable Wages Payable 12,000 27,000 Cost of Goods Sold Manufacturing Overhead 2,500 10,800 2,200 0 12,000 5,900 Bal. Bal. 32,900
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...
Analyze the following T-accounts: (Click the loon to view the T-accounts.) Determine the missing amounts. (Assume...
Analyze the following T-accounts: (Click the loon to view the T-accounts.) Determine the missing amounts. (Assume that material costs are recorded before labor costs.) Raw Materials Inventory Work-in-process Inventory Finished Goods Inventory Bal 4.500 Bal 6.500 Bal 5.000 27,000 (a) (b) 30,000 3,000 6.900 Bal 6.400 Bal 10.000 Accumulated Depreciation 13,000 Wages Payable Accounts Payable 27,000 e Manufacturing Overhead Cost of Goods Sold 6.900 13,200 Bal. 0 Bal. 38,200
1 Data Table Inventories: Beginning Ending Raw Materials Work-in-Process Finished Goods Other information: Raw materials purchases...
1 Data Table Inventories: Beginning Ending Raw Materials Work-in-Process Finished Goods Other information: Raw materials purchases Plant janitorial services Sales salaries expense Delivery expense Sales revenue S 10,500 8,500 21,000 33,000 S 13,000 600 11,000 1,600 800,000 17,000 14,000 18,000 220,000 Utilities for plant |Rent on plant Customer service hotline costs Direct labor Print Done e https//www tHomework.aspx rkld-5120438 75¿ionld-4&flushed false&cld 52987538ices ACC350 SP19 ETR700A Homework: Topic 1 Homework (Chapter 18) Score: 24 19 of 30 pts CP1842 Continuing Problem...
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...
Raw materials inventory Work in process inventory-Cutting Work in process inventory-Stitching Finished goods inventory Beginning Inventory...
Raw materials inventory Work in process inventory-Cutting Work in process inventory-Stitching Finished goods inventory Beginning Inventory $126,000 283,500 303,300 260,100 Ending Inventory $ 153,250 63,500 180,500 56,250 The following additional information describes the company's production activities for May. Direct materials Raw materials purchased on credit Direct materials used-Cutting Direct materials used-Stitching $ 145,000 27,750 0 Direct labor Direct labor-Cutting Direct labor-Stitching Total factory payroll paid (in cash) $ 27,600 110,400 197,800 Factory Overhead (Actual costs) Indirect materials used Indirect labor...
Analyze the following T-accounts: (Click the icon to view the T-accounts.) Determine the missing amounts. (Assume...
Analyze the following T-accounts: (Click the icon to view the T-accounts.) Determine the missing amounts. (Assume all beginning balances are $0 and that material costs are recorded before labor costs.) Finished Goods Inventory Raw Materials Inventory 25,000 (a) (b) Work-in-Process Inventory 30,000 6,000 11,700 Bal. 8,000 Bal. 3,700 Bal. 1,000 Accumulated Depreciation Accounts Payable Wages Payable 12,000 25,000 Cost of Goods Sold (g) Manufacturing Overhead 1,000 11,700 1,800 12,000 3,100 Bal. Bal. 32,100
Analyze the following T-accounts: ? (Click the icon to view the T-accounts.) Determine the missing amounts....
Analyze the following T-accounts: ? (Click the icon to view the T-accounts.) Determine the missing amounts. (Assume all beginning balances are $0 and that material costs are recorded before labor costs.) Finished Goods Inventory Raw Materials Inventory 32,000 20000 (a) Work-in-Process Inventory 19000 39,000 (c) 7,000 13,200 Bal. 12,000 Bal. 200 Bal. 7,000 Accumulated Depreciation Accounts Payable Wages Payable 12,000 32,000 Manufacturing Overhead Cost of Goods Sold 1,000 (g) 13,200 1 1,800 1,600 12,000 Bal. Bal. 33,600
please answer both questions More Info a. Incurred and paid Web site expenses, $2,300. b. Incurred...
please answer both questions
More Info a. Incurred and paid Web site expenses, $2,300. b. Incurred manufacturing wages of $10,000, 65% of which was direct labor and 35% of which was indirect labor. c. Purchased raw materials on account, $19,000 d. Used in production: direct materials, $8,000; indirect materials, $3,500 e. Recorded manufacturing overhead: depreciation on plant, $17,000; plant insurance (previously paid), $1,600; plant property tax, $3,700 (credit Property Tax Payable) f. Allocated manufacturing overhead to jobs, 150% of direct...
. st End of Year $ 9.500 Raw materials inventory Work in process inventory Finished goods inventory Purchases of direct materials Direct labour Indirect labour Beginning End of Year of Year 5 32,000 $ 35,000 Insurance on plant 53.000 44000 Depreciation-plant building 26.000 28.000 and equipment 79,000 Repairs and maintenance-plant 90.000 Marketing expenses 18000 General and administrative expenses 13,000 7,500 80 000 33 000 Print Done he input fields and then click Check Answer ACCT 211 Management Accounting Homework: Chapter...
Analyze the following T-accounts: F: (Click the icon to view the T-accounts.) Determine the missing amounts. (Assume all beginning balances are $0 and that material costs are recorded before labor costs.) Finished Goods Inventory Raw Materials Inventory 27,000 Work-in-Process Inventory (b) 35,000 5,000 10,800 Bal. 1,800 Bal. 3,500 Bal. 8,000 Accumulated Depreciation Accounts Payable Wages Payable 12,000 27,000 Cost of Goods Sold Manufacturing Overhead 2,500 10,800 2,200 0 12,000 5,900 Bal. Bal. 32,900
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...
Analyze the following T-accounts: (Click the loon to view the T-accounts.) Determine the missing amounts. (Assume that material costs are recorded before labor costs.) Raw Materials Inventory Work-in-process Inventory Finished Goods Inventory Bal 4.500 Bal 6.500 Bal 5.000 27,000 (a) (b) 30,000 3,000 6.900 Bal 6.400 Bal 10.000 Accumulated Depreciation 13,000 Wages Payable Accounts Payable 27,000 e Manufacturing Overhead Cost of Goods Sold 6.900 13,200 Bal. 0 Bal. 38,200
1 Data Table Inventories: Beginning Ending Raw Materials Work-in-Process Finished Goods Other information: Raw materials purchases Plant janitorial services Sales salaries expense Delivery expense Sales revenue S 10,500 8,500 21,000 33,000 S 13,000 600 11,000 1,600 800,000 17,000 14,000 18,000 220,000 Utilities for plant |Rent on plant Customer service hotline costs Direct labor Print Done e https//www tHomework.aspx rkld-5120438 75¿ionld-4&flushed false&cld 52987538ices ACC350 SP19 ETR700A Homework: Topic 1 Homework (Chapter 18) Score: 24 19 of 30 pts CP1842 Continuing Problem...
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...
Raw materials inventory Work in process inventory-Cutting Work in process inventory-Stitching Finished goods inventory Beginning Inventory $126,000 283,500 303,300 260,100 Ending Inventory $ 153,250 63,500 180,500 56,250 The following additional information describes the company's production activities for May. Direct materials Raw materials purchased on credit Direct materials used-Cutting Direct materials used-Stitching $ 145,000 27,750 0 Direct labor Direct labor-Cutting Direct labor-Stitching Total factory payroll paid (in cash) $ 27,600 110,400 197,800 Factory Overhead (Actual costs) Indirect materials used Indirect labor...
Analyze the following T-accounts: (Click the icon to view the T-accounts.) Determine the missing amounts. (Assume all beginning balances are $0 and that material costs are recorded before labor costs.) Finished Goods Inventory Raw Materials Inventory 25,000 (a) (b) Work-in-Process Inventory 30,000 6,000 11,700 Bal. 8,000 Bal. 3,700 Bal. 1,000 Accumulated Depreciation Accounts Payable Wages Payable 12,000 25,000 Cost of Goods Sold (g) Manufacturing Overhead 1,000 11,700 1,800 12,000 3,100 Bal. Bal. 32,100
Analyze the following T-accounts: ? (Click the icon to view the T-accounts.) Determine the missing amounts. (Assume all beginning balances are $0 and that material costs are recorded before labor costs.) Finished Goods Inventory Raw Materials Inventory 32,000 20000 (a) Work-in-Process Inventory 19000 39,000 (c) 7,000 13,200 Bal. 12,000 Bal. 200 Bal. 7,000 Accumulated Depreciation Accounts Payable Wages Payable 12,000 32,000 Manufacturing Overhead Cost of Goods Sold 1,000 (g) 13,200 1 1,800 1,600 12,000 Bal. Bal. 33,600
please answer both questions
More Info a. Incurred and paid Web site expenses, $2,300. b. Incurred manufacturing wages of $10,000, 65% of which was direct labor and 35% of which was indirect labor. c. Purchased raw materials on account, $19,000 d. Used in production: direct materials, $8,000; indirect materials, $3,500 e. Recorded manufacturing overhead: depreciation on plant, $17,000; plant insurance (previously paid), $1,600; plant property tax, $3,700 (credit Property Tax Payable) f. Allocated manufacturing overhead to jobs, 150% of direct...
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