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Listed here are the total costs associated with the 2017 production of 1,000 drum sets manufacturered by TrueBeat. The drum sets sell fir$448 each.
X Dont forget t С ù https:// t.html Problem 18-4A Ending inventory computation and evaluation LO C4 Nazaros Boot Company makes specialty boots for the rodeo circuit. On December 31, 2016, the company had (a) 300 pairs of boots in 6.25 points finished goods inventory and (b) 1600 heels at a cost of $18 each in raw materials inventory. During 2017, the company purchased 47000 additional heels at $18 each and manufactured 16,500 pairs of boots 1. Determine the unit and dollar amounts of raw materials inventory in heels at December 31, 2017 31, 2016 for
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Answer #1

Answer to Problem 18-4A:

Number of units 1600 47000 48600 33000 15600 Cost per unit Total cost Beginning inventory, December 31, 2016 Purchases during 2017 Inventory available for production Less: Inventory transferred into production En 18.00 18.00 18.00 18.00 18.00 28800 846000 874800 594000 280800 ding inventory, December 31, 2017

Answer to Problem 18-1A Part 2:

TrueBeat Calculation of Manufacturing Cost per Drum Set For Year Ended December 31, 2017 tems Total Cost Unit Cost Variable production cost Plastic for casing Wages of assembly workers Drum stands Total varia ble production cost Fixed production costs Property taxes on factory Annual flat fee for factory maintenance service Machinery depreciation, straight-line Tota l fixed production costs Total production costs 18000 91000 33000 142000 18.00 91.00 33.00 142.00 5000 16000 38000 59000 201000 5.00 16.00 38.00 59.00 201.00

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