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pute cost of goods manufactured. Aikman Company Cost of Goods Manufactured Schedule Nork-in-Process Inventory. 1/1 1612...
The following information is available for Aikman Company. 2020 January 1, 2020 $23,680 16,120 29,410 December...
The following information is available for Aikman Company. 2020 January 1, 2020 $23,680 16,120 29,410 December 31, 2020 $31,650 18,470 21,410 Raw materials inventory Work in process inventory Finished goods inventory Materials purchased Direct labor Manufacturing overhead Sales revenue $153,280 221,550 184.550 903.450 Compute cost of goods manufactured. Aikman Company Cost of Goods Manufactured Schi We were unable to transcribe this image
Exercise 14-14 a-c The following information is available for Aikman Company January 1, 2020 2020 Raw...
Exercise 14-14 a-c The following information is available for Aikman Company January 1, 2020 2020 Raw materials inventory $26,010 Work in process inventory 18,560 Finished goods inventory 28,900 Materials purchased $155,770 Direct labor 224,700 Manufacturing overhead 182,460 Sales revenue 905,040 December 31, 2020 $34,130 19,620 24,050 Your answer is partially correct. Try again. Compute cost of goods manufactured. Alkman Company Cost of Goods Manufactured Schedule 18560 work-in -Process Inventory, 1/2 "Direct Materials Raw Materials Inventory, 1/1 Materials Purchased Materials Available...
Prepare a condensed cost of goods manufactured schedule. LOPEZ COMPANY Cost of Goods Manufactured Schedule BEBE...
Prepare a condensed cost of goods manufactured schedule. LOPEZ COMPANY Cost of Goods Manufactured Schedule BEBE SHOW UST OF ACCOUNTS Prepare an income statement for May through gross profit. LOPEZ COMPANY (Partial) Income Statement a se DURCES work Exercise 15-09 At May 31, 2020, the accounts of Lopez Company show the following. 1. May 1 inventories---finished goods $14,300, work in process $15,100, and raw materials $8,900. 2. May 31 inventories--finished goods $9,600, work in process $16,100, and raw materials $7,600....
An incomplete cost of goods manufactured schedule is presented below for Cepeda Manufacturing Company for the...
An incomplete cost of goods manufactured schedule is presented below for Cepeda Manufacturing Company for the year ended December 2020: Complete the cost of goods manufactured schedule for Cepeda Manufacturing Company. CEPEDA MANUFACTURING COMPANY Cost of Goods Manufactured Schedule For the Year Ended December 31, 2020 $212,500 $ 166,000 Work in process (1/1) Direct materials Raw materials inventory(1/1) Raw materials purchases Total raw materials available for use Less: Raw materials inventory (12/31) Direct materials used 17,800 $188,000 Direct labour Manufacturing...
An incomplete cost of goods manufactured schedule is presented below for Cepeda Manufacturing Company for the...
An incomplete cost of goods manufactured schedule is presented
below for Cepeda Manufacturing Company for the year ended December
2020:
Complete the cost of goods manufactured schedule for Cepeda
Manufacturing Company.
Complete the cost of goods
manufactured schedule for Cepeda Manufacturing Company.
CEPEDA MANUFACTURING COMPANY Cost of Goods Manufactured Schedule For the Year Ended December 31, 2020 $217,000 Work in process (1/1) Direct materials Raw materials inventory, (1/1) Raw materials purchases 167,000 Total raw materials available for use 18,000 Less:...
An incomplete cost of goods manufactured schedule is presented below. Complete the cost of goods manufactured...
An incomplete cost of goods manufactured schedule is presented below. Complete the cost of goods manufactured schedule for Hobbit Company. HOBBIT COMPANY Cost of Goods Manufactured Schedule For the Year Ended December 31, 2020 $213,900 Work in process (1/1) Direct materials Raw materials inventory (1/1) $ 164,300 Add: Raw materials purchases Total raw materials available for use 29,530 Less: Raw materials inventory (12/31) Direct materials used $185,570 Direct labor Manufacturing overhead Indirect labor Factory depreciation Factory utilities Total overhead 25,530...
The following information is available for Aikman Company. January 1, 2017 2017 December 31, 2017 Raw...
The following information is available for Aikman
Company.
January 1, 2017
2017
December 31, 2017
Raw materials inventory
$21,240
$32,930
Work in process inventory
16,990
18,070
Finished goods inventory
30,180
24,300
Materials purchased
$154,190
Direct labor
224,280
Manufacturing overhead
184,560
Sales revenue
903,230
Compute cost of goods manufactured.
Aikman Company
Cost of Goods Manufactured Schedule
Prepare an income statement through gross profit.
AIKMAN COMPANY
Income Statement (Partial)
Show the presentation of the ending inventories on the December
31, 2017, balance...
The following information is available for Aikman Company. January 1, 2017 2017 December 31, 2017 Raw...
The following information is available for Aikman Company. January 1, 2017 2017 December 31, 2017 Raw materials inventory $21,000 $30,000 Work in process inventory 13,500 17,200 Finished goods inventory 27,000 21,000 Materials purchased $150,000 Direct labor 220,000 Manufacturing overhead 180,000 Sales revenue 910,000 Compute cost of goods manufactured. Aikman Company Cost of Goods Manufactured Schedule Prepare an income statement through gross profit. AIKMAN COMPANY Income Statement (Partial) Show the presentation of the ending inventories on the December 31, 2017, balance...
The following information is available for Aikman Company. January 1, 2020 2020 December 31, 2020 Raw...
The following information is available for Aikman Company. January 1, 2020 2020 December 31, 2020 Raw materials inventory $21,950 $31,370 Work in process inventory 18,360 18,110 Finished goods inventory 28,500 23,650 Materials purchased $153,710 Direct labor 223,790 Manufacturing overhead 181,740 Sales revenue 902,150 Part 1 Compute cost of goods manufactured. Aikman Company Cost of Goods Manufactured Schedule $ $ : $ : $ eTextbook and Media Attempts: 0 of 3 used Using multiple attempts will impact your score. 10% score...
An incomplete cost of goods manufactured schedule is presented below. Complete the cost of goods manufactured schedule...
An incomplete cost of goods manufactured schedule is presented
below.
Complete the cost of goods manufactured schedule for Sarasota
Company.
SARASOTA
COMPANY
Cost of Goods Manufactured Schedule
December 31, 2017For the Month Ended December 31, 2017For the Year
Ended December 31, 2017
Work in process (1/1)
$213,100
Direct materials
Raw
materials inventory (1/1)
$
Add: Raw
materials purchases
165,650
Total raw
materials available for use
Less: Raw
materials inventory (12/31)
26,990
Direct materials used
$189,070
Direct labor
Manufacturing overhead
Indirect...
The following information is available for Aikman Company. 2020 January 1, 2020 $23,680 16,120 29,410 December 31, 2020 $31,650 18,470 21,410 Raw materials inventory Work in process inventory Finished goods inventory Materials purchased Direct labor Manufacturing overhead Sales revenue $153,280 221,550 184.550 903.450 Compute cost of goods manufactured. Aikman Company Cost of Goods Manufactured Schi We were unable to transcribe this image
Exercise 14-14 a-c The following information is available for Aikman Company January 1, 2020 2020 Raw materials inventory $26,010 Work in process inventory 18,560 Finished goods inventory 28,900 Materials purchased $155,770 Direct labor 224,700 Manufacturing overhead 182,460 Sales revenue 905,040 December 31, 2020 $34,130 19,620 24,050 Your answer is partially correct. Try again. Compute cost of goods manufactured. Alkman Company Cost of Goods Manufactured Schedule 18560 work-in -Process Inventory, 1/2 "Direct Materials Raw Materials Inventory, 1/1 Materials Purchased Materials Available...
Prepare a condensed cost of goods manufactured schedule. LOPEZ COMPANY Cost of Goods Manufactured Schedule BEBE SHOW UST OF ACCOUNTS Prepare an income statement for May through gross profit. LOPEZ COMPANY (Partial) Income Statement a se DURCES work Exercise 15-09 At May 31, 2020, the accounts of Lopez Company show the following. 1. May 1 inventories---finished goods $14,300, work in process $15,100, and raw materials $8,900. 2. May 31 inventories--finished goods $9,600, work in process $16,100, and raw materials $7,600....
An incomplete cost of goods manufactured schedule is presented below for Cepeda Manufacturing Company for the year ended December 2020: Complete the cost of goods manufactured schedule for Cepeda Manufacturing Company. CEPEDA MANUFACTURING COMPANY Cost of Goods Manufactured Schedule For the Year Ended December 31, 2020 $212,500 $ 166,000 Work in process (1/1) Direct materials Raw materials inventory(1/1) Raw materials purchases Total raw materials available for use Less: Raw materials inventory (12/31) Direct materials used 17,800 $188,000 Direct labour Manufacturing...
An incomplete cost of goods manufactured schedule is presented
below for Cepeda Manufacturing Company for the year ended December
2020:
Complete the cost of goods manufactured schedule for Cepeda
Manufacturing Company.
Complete the cost of goods
manufactured schedule for Cepeda Manufacturing Company.
CEPEDA MANUFACTURING COMPANY Cost of Goods Manufactured Schedule For the Year Ended December 31, 2020 $217,000 Work in process (1/1) Direct materials Raw materials inventory, (1/1) Raw materials purchases 167,000 Total raw materials available for use 18,000 Less:...
An incomplete cost of goods manufactured schedule is presented below. Complete the cost of goods manufactured schedule for Hobbit Company. HOBBIT COMPANY Cost of Goods Manufactured Schedule For the Year Ended December 31, 2020 $213,900 Work in process (1/1) Direct materials Raw materials inventory (1/1) $ 164,300 Add: Raw materials purchases Total raw materials available for use 29,530 Less: Raw materials inventory (12/31) Direct materials used $185,570 Direct labor Manufacturing overhead Indirect labor Factory depreciation Factory utilities Total overhead 25,530...
The following information is available for Aikman
Company.
January 1, 2017
2017
December 31, 2017
Raw materials inventory
$21,240
$32,930
Work in process inventory
16,990
18,070
Finished goods inventory
30,180
24,300
Materials purchased
$154,190
Direct labor
224,280
Manufacturing overhead
184,560
Sales revenue
903,230
Compute cost of goods manufactured.
Aikman Company
Cost of Goods Manufactured Schedule
Prepare an income statement through gross profit.
AIKMAN COMPANY
Income Statement (Partial)
Show the presentation of the ending inventories on the December
31, 2017, balance...
An incomplete cost of goods manufactured schedule is presented
below.
Complete the cost of goods manufactured schedule for Sarasota
Company.
SARASOTA
COMPANY
Cost of Goods Manufactured Schedule
December 31, 2017For the Month Ended December 31, 2017For the Year
Ended December 31, 2017
Work in process (1/1)
$213,100
Direct materials
Raw
materials inventory (1/1)
$
Add: Raw
materials purchases
165,650
Total raw
materials available for use
Less: Raw
materials inventory (12/31)
26,990
Direct materials used
$189,070
Direct labor
Manufacturing overhead
Indirect...
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