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Answer: 1. Preparation of the cost of goods manufactured report as follows :
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Question 1 (of 2) value: 25.00 points StorSmart Company makes plastic organizing bins. The company has...
StorSmart Company makes plastic organizing bins. The company has the following inventory balances at the beginning...
StorSmart Company makes plastic organizing bins. The company has the following inventory balances at the beginning and end of March Beginning Inventory Ending Inventory Raw materials Work in process Finished goods $28,700 21,300 79,200 $25,900 46,900 69,800 Additional information for the month of March follows StorSmart Company makes plastic organizing bins. The company has the following inventory balances at the beginning and end of March Raw materials purchases Indirect materials used Direct labor Manufacturing overhead applied Selling, general, and administrative...
StorSmart Company makes plastic organizing bins. The company has the following inventory balances at the beginning...
StorSmart Company makes plastic organizing bins. The company has the following inventory balances at the beginning and end of March: Beginning Inventory Ending Inventory Raw materials $ 29,800 $ 25,600 Work in process 21,900 46,000 Finished goods 78,500 68,800 Additional information for the month of March follows: StorSmart Company makes plastic organizing bins. The company has the following inventory balances at the beginning and end of March: Raw materials purchases $ 41,700 Indirect materials used 1,200 Direct labor 62,900 Manufacturing...
StorSmart Company makes plastic organizing bins. The company has the following inventory balances at the beginning...
StorSmart Company makes plastic organizing bins. The company has the following inventory balances at the beginning and end of March: Beginning Inventory Ending Inventory Raw materials $ 28,500 $ 25,600 Work in process 21,600 46,300 Finished goods 79,800 68,600 Additional information for the month of March follows: StorSmart Company makes plastic organizing bins. The company has the following inventory balances at the beginning and end of March: Raw materials purchases $ 40,300 Indirect materials used 1,900 Direct labor 63,200 Manufacturing...
StorSmart Company makes plastic organizing bins. The company has the following inventory balances at the beginning...
StorSmart Company makes plastic organizing bins. The company has the following inventory balances at the beginning and end of March: Beginning Inventory Ending Inventory $22,000 44,000 58,000 $33,000 25,000 60,000 Raw materials Work in process Finished goods Additional information for the month of March follows: StorSmart Company makes plastic organizing bins. The company has the following inventory balances at the beginning and end of March: $ 84,000 10,000 55,000 85,000 58,000 450,000 Raw materials purchases Indirect materials used Direct labor...
Need help finishing this. StorSmart Company makes plastic organizing bins. The company has the following inventory...
Need help finishing this.
StorSmart Company makes plastic organizing bins. The company has the following inventory balances at the beginning and end of March: Raw materials Work in process Finished goods Beginning Inventory Ending Inventory $33,000 $22,000 25,000 44,000 60,000 58,000 Additional information for the month of March follows: StorSmart Company makes plastic organizing bins. The company has the following inventory balances at the beginning and end of March: Raw materials purchases Indirect materials used Direct labor Manufacturing overhead applied...
StorSmart Company makes plastic organizing bins. The company has the following inventory balances at the beginning...
StorSmart Company makes plastic organizing bins. The company has the following inventory balances at the beginning and end of March: Raw materials Work in process Finished goods Beginning Inventory $29,700 22,900 78,200 Ending Inventory $26,200 46,200 68,800 Additional information for the month of March follows: Raw materials purchases Indirect materials used Direct labor Manufacturing overhead applied Selling, general, and administrative expenses Sales revenue $ 41,700 1,800 64,000 36,400 24,800 236,700 Required: 1. Based on the above information, prepare a cost...
StorSmart Company makes plastic organizing bins. The company has the following inventory balances at the beginning...
StorSmart Company makes plastic organizing bins. The company has the following inventory balances at the beginning and end of March: Raw materials Work in process Finished goods Beginning Inventory $33,000 25,000 60,000 Ending Inventory $22,000 এ4, 000 58,000 ces Additional information for the month of March follows: StorSmart Company makes plastic organizing bins. The company has the following inventory balances at the beginning and end of March: Raw materials purchases Indirect materials used Direct labor Manufacturing overhead applied Selling, general,...
StorSmart Company makes plastic organizing bins. The company has the following inventory balances at the beginning...
StorSmart Company makes plastic organizing bins. The company has the following inventory balances at the beginning and end of March: Raw materials Work in process Finished goods Beginning Inventory $ 28,300 22,400 78,100 Ending Inventory $26,800 46,200 69,500 Additional information for the month of March follows: Raw materials purchases Indirect materials used Direct labor Manufacturing overhead applied Selling, general, and administrative expenses Sales revenue $ 41,000 1,700 63,900 36,600 24,100 237,900 Required: 1. Based on the above information, prepare a...
StorSmart Company makes plastic organizing bins. The company has the following inventory balances at the beginning...
StorSmart Company makes plastic organizing bins. The company has the following inventory balances at the beginning and end of March: Raw materials Work in process Finished goods Beginning Inventory $ 28, 200 21,300 78,800 Ending Inventory $26,200 46,200 68,800 Additional information for the month of March follows: Raw materials purchases Indirect materials used Direct labor Manufacturing overhead applied Selling, general, and administrative expenses Sales revenue $ 41,000 2,000 63,300 35,400 24,300 236,700 Required: 1. Based on the above information, prepare...
StorSmart Company makes plastic organizing bins. The company has the following inventory balances at the beginning...
StorSmart Company makes plastic organizing bins. The company has the following inventory balances at the beginning and end of March: Raw materials Work in process Pinished goods Beginning Inventory $28.000 21,600 78,500 Ending Inventory $26.500 46,000 68,100 Additional information for the month of March follows: Raw materials purchases Indirect materials used Direct labor Manufacturing overhead applied Selling general, and administrative expenses Sales revenue $ 40,300 1.500 63.600 35,800 23,500 236,000 Required: 1. Based on the above information, prepare a cost...
StorSmart Company makes plastic organizing bins. The company has the following inventory balances at the beginning and end of March Beginning Inventory Ending Inventory Raw materials Work in process Finished goods $28,700 21,300 79,200 $25,900 46,900 69,800 Additional information for the month of March follows StorSmart Company makes plastic organizing bins. The company has the following inventory balances at the beginning and end of March Raw materials purchases Indirect materials used Direct labor Manufacturing overhead applied Selling, general, and administrative...
StorSmart Company makes plastic organizing bins. The company has the following inventory balances at the beginning and end of March: Beginning Inventory Ending Inventory $22,000 44,000 58,000 $33,000 25,000 60,000 Raw materials Work in process Finished goods Additional information for the month of March follows: StorSmart Company makes plastic organizing bins. The company has the following inventory balances at the beginning and end of March: $ 84,000 10,000 55,000 85,000 58,000 450,000 Raw materials purchases Indirect materials used Direct labor...
Need help finishing this.
StorSmart Company makes plastic organizing bins. The company has the following inventory balances at the beginning and end of March: Raw materials Work in process Finished goods Beginning Inventory Ending Inventory $33,000 $22,000 25,000 44,000 60,000 58,000 Additional information for the month of March follows: StorSmart Company makes plastic organizing bins. The company has the following inventory balances at the beginning and end of March: Raw materials purchases Indirect materials used Direct labor Manufacturing overhead applied...
StorSmart Company makes plastic organizing bins. The company has the following inventory balances at the beginning and end of March: Raw materials Work in process Finished goods Beginning Inventory $29,700 22,900 78,200 Ending Inventory $26,200 46,200 68,800 Additional information for the month of March follows: Raw materials purchases Indirect materials used Direct labor Manufacturing overhead applied Selling, general, and administrative expenses Sales revenue $ 41,700 1,800 64,000 36,400 24,800 236,700 Required: 1. Based on the above information, prepare a cost...
StorSmart Company makes plastic organizing bins. The company has the following inventory balances at the beginning and end of March: Raw materials Work in process Finished goods Beginning Inventory $33,000 25,000 60,000 Ending Inventory $22,000 এ4, 000 58,000 ces Additional information for the month of March follows: StorSmart Company makes plastic organizing bins. The company has the following inventory balances at the beginning and end of March: Raw materials purchases Indirect materials used Direct labor Manufacturing overhead applied Selling, general,...
StorSmart Company makes plastic organizing bins. The company has the following inventory balances at the beginning and end of March: Raw materials Work in process Finished goods Beginning Inventory $ 28,300 22,400 78,100 Ending Inventory $26,800 46,200 69,500 Additional information for the month of March follows: Raw materials purchases Indirect materials used Direct labor Manufacturing overhead applied Selling, general, and administrative expenses Sales revenue $ 41,000 1,700 63,900 36,600 24,100 237,900 Required: 1. Based on the above information, prepare a...
StorSmart Company makes plastic organizing bins. The company has the following inventory balances at the beginning and end of March: Raw materials Work in process Finished goods Beginning Inventory $ 28, 200 21,300 78,800 Ending Inventory $26,200 46,200 68,800 Additional information for the month of March follows: Raw materials purchases Indirect materials used Direct labor Manufacturing overhead applied Selling, general, and administrative expenses Sales revenue $ 41,000 2,000 63,300 35,400 24,300 236,700 Required: 1. Based on the above information, prepare...
StorSmart Company makes plastic organizing bins. The company has the following inventory balances at the beginning and end of March: Raw materials Work in process Pinished goods Beginning Inventory $28.000 21,600 78,500 Ending Inventory $26.500 46,000 68,100 Additional information for the month of March follows: Raw materials purchases Indirect materials used Direct labor Manufacturing overhead applied Selling general, and administrative expenses Sales revenue $ 40,300 1.500 63.600 35,800 23,500 236,000 Required: 1. Based on the above information, prepare a cost...
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