Homework Answers
| Manufacturing costs | ||
| Materials used in production (602000-55600) | $ 546,400.00 | |
| Direct Labor (569000-84000) | $ 485,000.00 | |
| Factory overhead | ||
| Indirect materials | $ 55,600.00 | |
| Maintenance Salaries | $ 84,000.00 | |
| Supervisor salaries | $ 515,000.00 | |
| Heat,light & power | $ 140,200.00 | |
| Insurance & property taxes-plant | $ 151,400.00 | |
| Depreciation-plant & Equipment | $ 124,000.00 | $ 1,070,200.00 |
| Manufacturing Cost - Total | $ 2,101,600.00 | |
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ructions Labels and Amount Descriptions Manufacturing Costs tions lowing report was prepared for evaluating the performance...
Classifying Costs The following report was prepared for evaluating the performance of the plant manager of...
Classifying Costs The following report was prepared for evaluating the performance of the plant manager of Marching Ants Inc. Evaluate and correct this report. Marching Ants Inc. Manufacturing Costs For the Quarter Ended June 30 Materials used in production (including $47,200 of indirect materials) $509,900 Direct labor (including $70,800 maintenance salaries) 472,100 Factory overhead: Supervisor salaries 434,300 Heat, light, and power 118,000 Sales salaries 292,700 Promotional expenses 264,400 Insurance and property taxes—plant 127,500 Insurance and property taxes—corporate offices 184,100 Depreciation—plant...
m a leanprogress=false The following report was prepared for evaluating the performance of the plant manager...
m a leanprogress=false The following report was prepared for evaluating the performance of the plant manager of Marching Ants Inc. Marching Ants Inc. Manufacturing Costs For the Quarter Ended June 30 1 Materials used in production (including $53,400 of indirect materials) 2 Direct labor (including $84,200 maintenance salaries) 3 Factory overhead: $607,000.00 561,000.00 Supervisor salaries Heat, light, and power 519,000.00 Sales salaries Promotional expenses 141,200.00 347,000.00 313,000.00 151,000.00 Insurance and property taxes-plant Insurance and property taxes-Corporate offices 218,800.00 Depreciation-plant and...
Wh-signLWA LESSIVIILUDSRL - Hanprolase eBook Calculator Classifying Costs The following report was prepared for ev...
Wh-signLWA LESSIVIILUDSRL - Hanprolase eBook Calculator Classifying Costs The following report was prepared for evaluating the performance of the plant manager of Marching Ants Inc. Evaluate and correct this report. Marching Ants Inc. Manufacturing Costs For the Quarter Ended June 30 Materials used in production (including $42,600 of indirect materials) $459,500 Direct labor (including $63,800 maintenance salaries) 425,500 Factory overhead: Supervisor salaries 391,500 Heat, light, and power 106,400 Sales salaries 263,800 Promotional expenses 238,300 Insurance and property taxes-plant Insurance and...
#6 Instructions Marching Ants Inc. Manufacturing Costs For the Quarter Ended June 30 5607,000.00 1 Materials...
#6
Instructions Marching Ants Inc. Manufacturing Costs For the Quarter Ended June 30 5607,000.00 1 Materials used in production (including 553,400 of indirect materials) 2 Direct labor (including $84.200 maintenance salaries) 561,000.00 3 Factory overhead: Supervisor salaries-plant 519,000.00 Heat, light, and power plant 141,200.00 Sales salaries 347,000.00 Promotional expenses 313,000.00 Insurance and property taxes-plant 151,000.00 Insurance and property taxes-Corporate offices 218,800.00 125,000.00 Depreciation-plant and equipment 11 Depreciation--corporate offices 89.000.00 12 Total $3,072,000.00 F Classifying costs Instructions Amount Descriptions Manufacturing Costs...
Marching Ants Inc. Manufacturing Costs For the Quarter Ended June 30 1 Materials used in production...
Marching Ants Inc. Manufacturing Costs For the Quarter Ended June 30 1 Materials used in production (including $55,600 of indirect materials) $617,000.00 2 Direct labor (including $83,800 maintenance salaries) 567,500.00 3 Factory overhead: 4 Supervisor salaries-plant 521,500.00 5 Heat, light, and power-plant 140,800.00 6 Sales salaries 348,000.00 7 Promotional expenses 315,000.00 8 Insurance and property taxes—plant 151,800.00 9 Insurance and property taxes—corporate offices 219,200.00 10 Depreciation—plant and equipment 123,000.00 11 Depreciation—corporate offices 85,000.00 12 Total $3,088,800.00 Evaluate and correct this...
Chapter 15 Introduction to Managerial Accounting EX 15-9 Classifying costs The following is a manufacturing cost...
Chapter 15 Introduction to Managerial Accounting EX 15-9 Classifying costs The following is a manufacturing cost report of Marching Ants Inc. Evaluate and correct this re Obj, 2,4 report. Marching Ants Inc. Manufacturing Costs For the Quarter Ended June 30 Materials used in production (including $ 607,500 562,500 Factory overhead: 517,500 140,650 348,750 315,000 151,900 219,400 123,750 90,000 Insurance and property taxes-corporate offices.. Depreciation-corporate offices . .. Total . . . EXERCISE 15-9 1. 2. Manufacturing Costs
Indicate whether the following costs of Procter & Gamble, a maker of consumer products, would be...
Indicate whether the following costs of Procter & Gamble, a maker of consumer products, would be classified as direct materials cost, direct labor cost, or factory overhead cost: Cost Classification a. Resins for body wash products b. Scents and fragrances used in making soaps and detergents c. Plant manager salary for the Iowa City, lowa, plant d. Depreciation on the Auburn, Maine, manufacturing plant e. Depreciation on assembly line in the Mehoopany, Pennsylvania, paper products plant f. Maintenance supplies g....
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I nformation technology support staff salane Insurance costs A Maintenance costs of right of way, bridges, and buildings 4Safety training costs A Salaries of dispatching and communications personnel A Wages of switch and classification yard personnel Wages of train enninee Walker Mam Determine June 30. EX 15-8 Classifying costs EX 15-12 The following is a manufacturing cost report of Marching Ants Inc. Two item ve S165,000 Marching Ants Inc. Manufacturing Costs For the Quarter Ended June 30 ment dat Materials...
Instructions Amount Descriptions Statement of Cost of Goods Manufactured Income Statement Instructions The following information is...
Instructions Amount Descriptions Statement of Cost of Goods Manufactured Income Statement Instructions The following information is available for Robstown Corporation for 20Y8: December 31 Inventories Materials Work in process Finished goods January 1 $44,250 63,900 101,200 80,000 99,800 December 31 Advertising expense Depreciation expense-office equipment Depreciation expense-factory equipment Direct labor $ 400,000 30,000 80,000 1,100,000 53,300 115,000 556,600 Heat, light, and power-factory Indirect labor Materials purchased Office salaries expense Property taxes-factory Property taxes-office building Rent expense-factory 318,000 40,000 25,000 Sales...
Statement of cost of goods manufactured for a manufacturing company Instructions Amount Descriptions Statement of Cost...
Statement of cost of goods manufactured for a manufacturing company Instructions Amount Descriptions Statement of Cost of Goods Manufactured Cost of Goods Sold Instructions Cost data for Sandusky Manufacturing Company for the month ended January 31 are as follows: Inventories Materials ÖNOWN January 1 $305,000 214,200 162,800 January 31 $277,200 238,600 190,500 Work in process Finished goods Direct labor January 31 $562,000 607,000 Materials purchased during the month Factory overhead incurred during the month: Indirect labor Machinery depreciation Heat, light,...
m a leanprogress=false The following report was prepared for evaluating the performance of the plant manager of Marching Ants Inc. Marching Ants Inc. Manufacturing Costs For the Quarter Ended June 30 1 Materials used in production (including $53,400 of indirect materials) 2 Direct labor (including $84,200 maintenance salaries) 3 Factory overhead: $607,000.00 561,000.00 Supervisor salaries Heat, light, and power 519,000.00 Sales salaries Promotional expenses 141,200.00 347,000.00 313,000.00 151,000.00 Insurance and property taxes-plant Insurance and property taxes-Corporate offices 218,800.00 Depreciation-plant and...
Wh-signLWA LESSIVIILUDSRL - Hanprolase eBook Calculator Classifying Costs The following report was prepared for evaluating the performance of the plant manager of Marching Ants Inc. Evaluate and correct this report. Marching Ants Inc. Manufacturing Costs For the Quarter Ended June 30 Materials used in production (including $42,600 of indirect materials) $459,500 Direct labor (including $63,800 maintenance salaries) 425,500 Factory overhead: Supervisor salaries 391,500 Heat, light, and power 106,400 Sales salaries 263,800 Promotional expenses 238,300 Insurance and property taxes-plant Insurance and...
#6
Instructions Marching Ants Inc. Manufacturing Costs For the Quarter Ended June 30 5607,000.00 1 Materials used in production (including 553,400 of indirect materials) 2 Direct labor (including $84.200 maintenance salaries) 561,000.00 3 Factory overhead: Supervisor salaries-plant 519,000.00 Heat, light, and power plant 141,200.00 Sales salaries 347,000.00 Promotional expenses 313,000.00 Insurance and property taxes-plant 151,000.00 Insurance and property taxes-Corporate offices 218,800.00 125,000.00 Depreciation-plant and equipment 11 Depreciation--corporate offices 89.000.00 12 Total $3,072,000.00 F Classifying costs Instructions Amount Descriptions Manufacturing Costs...
Chapter 15 Introduction to Managerial Accounting EX 15-9 Classifying costs The following is a manufacturing cost report of Marching Ants Inc. Evaluate and correct this re Obj, 2,4 report. Marching Ants Inc. Manufacturing Costs For the Quarter Ended June 30 Materials used in production (including $ 607,500 562,500 Factory overhead: 517,500 140,650 348,750 315,000 151,900 219,400 123,750 90,000 Insurance and property taxes-corporate offices.. Depreciation-corporate offices . .. Total . . . EXERCISE 15-9 1. 2. Manufacturing Costs
Indicate whether the following costs of Procter & Gamble, a maker of consumer products, would be classified as direct materials cost, direct labor cost, or factory overhead cost: Cost Classification a. Resins for body wash products b. Scents and fragrances used in making soaps and detergents c. Plant manager salary for the Iowa City, lowa, plant d. Depreciation on the Auburn, Maine, manufacturing plant e. Depreciation on assembly line in the Mehoopany, Pennsylvania, paper products plant f. Maintenance supplies g....
I nformation technology support staff salane Insurance costs A Maintenance costs of right of way, bridges, and buildings 4Safety training costs A Salaries of dispatching and communications personnel A Wages of switch and classification yard personnel Wages of train enninee Walker Mam Determine June 30. EX 15-8 Classifying costs EX 15-12 The following is a manufacturing cost report of Marching Ants Inc. Two item ve S165,000 Marching Ants Inc. Manufacturing Costs For the Quarter Ended June 30 ment dat Materials...
Instructions Amount Descriptions Statement of Cost of Goods Manufactured Income Statement Instructions The following information is available for Robstown Corporation for 20Y8: December 31 Inventories Materials Work in process Finished goods January 1 $44,250 63,900 101,200 80,000 99,800 December 31 Advertising expense Depreciation expense-office equipment Depreciation expense-factory equipment Direct labor $ 400,000 30,000 80,000 1,100,000 53,300 115,000 556,600 Heat, light, and power-factory Indirect labor Materials purchased Office salaries expense Property taxes-factory Property taxes-office building Rent expense-factory 318,000 40,000 25,000 Sales...
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