Mars Supplies Company provided the following information for the year: Beginning Balancelong dash—Work-in-Process Inventory $ 24...
Mars Supplies Company provided the following information for the year:
| Beginning
Balancelong dash—Work-in-Process Inventory |
$ 24 comma 000$24,000 |
| Ending
Balancelong dash—Work-in-Process Inventory |
55 comma 00055,000 |
| Beginning
Balancelong dash— Direct Materials Inventory |
85 comma 00085,000 |
| Ending
Balancelong dash— Direct Materials Inventory |
62 comma 00062,000 |
| Purchases
long dash— Direct Materials |
362 comma 000362,000 |
|
Direct Labor |
471 comma 000471,000 |
|
Indirect Labor |
18 comma 00018,000 |
|
Depreciation on Factory Plant and Equipment |
22 comma 00022,000 |
|
Plant Utilities and Insurance |
271 comma 000271,000 |
What was the amount of the manufacturing overhead costs?
Homework Answers
| Indirect Labor | 18000 |
| Depreciation on Factory Plant and Equipment | 22000 |
| Plant Utilities and Insurance | 271000 |
| Amount of the manufacturing overhead costs | 311000 |
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Mars Supplies Company provided the following information for
the year:
Beginning
Balancelong dash—Work-in-Process
Inventory
$ 24...
Arturo Manufacturing, Inc. provided the following information for the year: Beginning Balancelong dash—Work-in-Process Inventory $150,000 Ending...
Arturo Manufacturing, Inc. provided the following information for the year: Beginning Balancelong dash—Work-in-Process Inventory $150,000 Ending Balancelong dash—Work-in-Process Inventory 62,500 Beginning Balancelong dash— Direct Materials 269,000 Ending Balancelong dash— Direct Materials 53,700 Purchases long dash— Direct Materials 133,000 Direct Labor 74,380 Indirect Materials 52,350 Indirect Labor 132,500 Depreciation on Factory Plant and Equipment 72,160 Plant Utilities and Insurance 70,980 How much is the cost of goods manufactured?
Payton Corporation provided the following information for the year. Beginning Balance-Work-in-Process Inventory Ending Balance-Work-in-Process Inventory Beginning...
Payton Corporation provided the following information for the year. Beginning Balance-Work-in-Process Inventory Ending Balance-Work-in-Process Inventory Beginning Balance-Direct Materials Ending Balance—Direct Materials Purchases-Direct Materials Direct Labor Indirect Labor Depreciation on Factory Plant and Equipment Plant Utilities and Insurance $28,000 55,000 84,000 60,000 356,000 470,000 20,000 24,000 269,000 What was the amount of the cost of goods manufactured for the year? O A. $1,366,000 OB. $1,136,000 OC. $1,190,000 OD $1,163,000
Garrett Corporation provided the following information for the year: Beginning Balance Work-in-Process Inventory — $25,000 Ending...
Garrett Corporation provided the following information for the year: Beginning Balance Work-in-Process Inventory — $25,000 Ending Balance Work-in-Process Inventory — 58,000 Beginning Balance Direct Materials — 87,000 Ending Balance Direct Materials — 61,000 Purchases Direct Materials — 357,000 Direct Labor 468,000 Indirect Labor 20,000 Depreciation on Factory Plant and Equipment 24,000 Plant Utilities and Insurance 270,000 What was the amount of direct materials used in production during the year? A. $825,000 B. $67,000 C. $357,000 D. $383,000
Q.4 Malibu Corporation provided the following information for the year: Beginning Balance -Work-in-Process Inventory Ending Balance...
Q.4 Malibu Corporation provided the following information for the year: Beginning Balance -Work-in-Process Inventory Ending Balance - Work-in-Process Inventory Beginning Balance - Raw Materials Inventory Ending Balance - Raw Materials Inventory Purchases - Raw Materials Direct Labor Indirect Labor Depreciation on Factory Plant and Equipment Plant Utilities and Insurance $26,000 55,000 81,000 59,000 360,000 471,000 19,000 24,000 268,000
Am I correct ? Payton Corporation provided the following information for the year: Beginning Balance-Work-in-Process Inventory...
Am I correct ?
Payton Corporation provided the following information for the year: Beginning Balance-Work-in-Process Inventory Ending Balance -Work-in-Process Inventory Beginning Balance-Direct Materials $26,000 55,000 Ending Balance- Direct Materials Purchases Direct Materials Direct Labor Indirect Labor Depreciation on Factory Plant and Equipment Plant Utilities and Insurance 81,000 59,000 360,000 471,000 19,000 24,000 268,000 What was the amount of the cost of goods manufactured for the year? O A. $1,193,000 OB. $1,164,000 ??. $1,135,000 D. $1,363,000
Quinton Corporation provided the following information for the year. Beginning Balance-Work-in-Process Inventory Ending Balance-Work-in-Process Inventory Beginning...
Quinton Corporation provided the following information for the year. Beginning Balance-Work-in-Process Inventory Ending Balance-Work-in-Process Inventory Beginning Balance-Direct Materials Ending Balance-Direct Materials Purchases-Direct Materials Direct Labor Indirect Labor Depreciation on Factory Plant and Equipment Plant Utilities and Insurance $27,000 56,000 80,000 60,000 361,000 469,000 20,000 23,000 268,000 What was the total manufacturing costs incurred during the year? O A. $1,161,000 OB. $850,000 OC. $692,000 OD. $311,000
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...
$ 85 112 1,630 Information on January 1 (Beginning): Direct materials inventory Work-in-process inventory Finished goods...
$ 85 112 1,630 Information on January 1 (Beginning): Direct materials inventory Work-in-process inventory Finished goods inventory Information for the year: Administrative costs Direct labor Direct materials purchases Factory and machine depreciation Factory supervision Factory utilities Indirect factory labor Indirect materials and supplies Marketing costs Property taxes on factory Sales revenue Information on December 31 (Ending): Direct materials inventory Work-in-process inventory Finished goods inventory $ 3,660 12,950 8, 250 11,500 750 953 2,890 676 1,510 272 45,800 99 142 1,430...
Sheffield Corp. reported the following year-end information: Beginning work in process $56000 inventory Beginning raw materials...
Sheffield Corp. reported the following year-end information: Beginning work in process $56000 inventory Beginning raw materials 33000 inventory Ending work in process inventory 54000 Ending raw materials inventory 17000 Raw materials purchased 850000 Direct labor 440000 Manufacturing overhead 100000 How much is Sheffield's cost of goods manufactured for the year? $866000 $1408000 $1404000 $1406000 O O Crane Company reported the following year-end information: Beginning work in process $32000 inventory Beginning raw materials inventory 14000 Ending work in process inventory 34000...
$ 87 118 1,650 Information on January 1 (Beginning): Direct materials inventory Work-in-process inventory Finished goods...
$ 87 118 1,650 Information on January 1 (Beginning): Direct materials inventory Work-in-process inventory Finished goods inventory Information for the year: Administrative costs Direct labor Direct materials purchases Factory and machine depreciation Factory supervision Factory utilities Indirect factory labor Indirect materials and supplies Marketing costs Property taxes on factory Sales revenue Information on December 31 (Ending): Direct materials inventory Work-in-process inventory Finished goods inventory $ 3,610 12,050 8,280 11,630 746 943 2,870 681 1,520 293 45,700 $ 91 129 1,430...
Payton Corporation provided the following information for the year. Beginning Balance-Work-in-Process Inventory Ending Balance-Work-in-Process Inventory Beginning Balance-Direct Materials Ending Balance—Direct Materials Purchases-Direct Materials Direct Labor Indirect Labor Depreciation on Factory Plant and Equipment Plant Utilities and Insurance $28,000 55,000 84,000 60,000 356,000 470,000 20,000 24,000 269,000 What was the amount of the cost of goods manufactured for the year? O A. $1,366,000 OB. $1,136,000 OC. $1,190,000 OD $1,163,000
Q.4 Malibu Corporation provided the following information for the year: Beginning Balance -Work-in-Process Inventory Ending Balance - Work-in-Process Inventory Beginning Balance - Raw Materials Inventory Ending Balance - Raw Materials Inventory Purchases - Raw Materials Direct Labor Indirect Labor Depreciation on Factory Plant and Equipment Plant Utilities and Insurance $26,000 55,000 81,000 59,000 360,000 471,000 19,000 24,000 268,000
Am I correct ?
Payton Corporation provided the following information for the year: Beginning Balance-Work-in-Process Inventory Ending Balance -Work-in-Process Inventory Beginning Balance-Direct Materials $26,000 55,000 Ending Balance- Direct Materials Purchases Direct Materials Direct Labor Indirect Labor Depreciation on Factory Plant and Equipment Plant Utilities and Insurance 81,000 59,000 360,000 471,000 19,000 24,000 268,000 What was the amount of the cost of goods manufactured for the year? O A. $1,193,000 OB. $1,164,000 ??. $1,135,000 D. $1,363,000
Quinton Corporation provided the following information for the year. Beginning Balance-Work-in-Process Inventory Ending Balance-Work-in-Process Inventory Beginning Balance-Direct Materials Ending Balance-Direct Materials Purchases-Direct Materials Direct Labor Indirect Labor Depreciation on Factory Plant and Equipment Plant Utilities and Insurance $27,000 56,000 80,000 60,000 361,000 469,000 20,000 23,000 268,000 What was the total manufacturing costs incurred during the year? O A. $1,161,000 OB. $850,000 OC. $692,000 OD. $311,000
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...
$ 85 112 1,630 Information on January 1 (Beginning): Direct materials inventory Work-in-process inventory Finished goods inventory Information for the year: Administrative costs Direct labor Direct materials purchases Factory and machine depreciation Factory supervision Factory utilities Indirect factory labor Indirect materials and supplies Marketing costs Property taxes on factory Sales revenue Information on December 31 (Ending): Direct materials inventory Work-in-process inventory Finished goods inventory $ 3,660 12,950 8, 250 11,500 750 953 2,890 676 1,510 272 45,800 99 142 1,430...
Sheffield Corp. reported the following year-end information: Beginning work in process $56000 inventory Beginning raw materials 33000 inventory Ending work in process inventory 54000 Ending raw materials inventory 17000 Raw materials purchased 850000 Direct labor 440000 Manufacturing overhead 100000 How much is Sheffield's cost of goods manufactured for the year? $866000 $1408000 $1404000 $1406000 O O Crane Company reported the following year-end information: Beginning work in process $32000 inventory Beginning raw materials inventory 14000 Ending work in process inventory 34000...
$ 87 118 1,650 Information on January 1 (Beginning): Direct materials inventory Work-in-process inventory Finished goods inventory Information for the year: Administrative costs Direct labor Direct materials purchases Factory and machine depreciation Factory supervision Factory utilities Indirect factory labor Indirect materials and supplies Marketing costs Property taxes on factory Sales revenue Information on December 31 (Ending): Direct materials inventory Work-in-process inventory Finished goods inventory $ 3,610 12,050 8,280 11,630 746 943 2,870 681 1,520 293 45,700 $ 91 129 1,430...
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