Primare Corporation provided the following data for last month's manufacturing operations. Purchases of raw materials Indirect...
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Primare Corporation provided the following data for last month's manufacturing operations. Purchases of raw materials Indirect materials used in production Direct labor Manufacturing overhead applied to work in process Underapplied overhead Inventories Raw materials Work in process Finished goods Required: Ending Beginning $ 10,300 $ 18,200 $ 55,800 $ 68,700 $ 33,400 $ 43,700 1. Prepare a schedule of cost of goods manufactured. $ 30,000 $ 4,850 $ 59,700 $ 87,500 $ 4,090 2. Prepare a schedule of cost of goods sold. Assume the underapplied or overapplied overhead is closed to Cost of Goods Sold. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a schedule of cost of goods manufactured. Primare Corporation Direct materials: Total raw materials available Schedule of Cost of Goods Manufactured Raw materials used in production Direct materials used in production Total manufacturing costs added to production Total manufacturing costs to account for Cost of goods manufactured $ 0 Required 1 Required 2 > 0 0 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Check my work Prepare a schedule of cost of goods sold. Assume the underapplied or overapplied overhead is closed to Cost of Goods Sold. Primare Corporation Schedule of Cost of Goods Sold Primare Corporation provided the following data for last month's manufacturing operations. Purchases of raw materials Indirect materials used in production Direct labor Manufacturing overhead applied to work in process Underapplied overhead Inventories Raw materials Work in process Finished goods Required: Ending Beginning $ 10,300 $ 18,200 $ 55,800 $ 68,700 $ 33,400 $ 43,700 1. Prepare a schedule of cost of goods manufactured. $ 30,000 $ 4,850 $ 59,700 $ 87,500 $ 4,090 2. Prepare a schedule of cost of goods sold. Assume the underapplied or overapplied overhead is closed to Cost of Goods Sold. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a schedule of cost of goods manufactured. Primare Corporation Direct materials: Total raw materials available Schedule of Cost of Goods Manufactured Raw materials used in production Direct materials used in production Total manufacturing costs added to production Total manufacturing costs to account for Cost of goods manufactured $ 0 Required 1 Required 2 > 0 0 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Check my work Prepare a schedule of cost of goods sold. Assume the underapplied or overapplied overhead is closed to Cost of Goods Sold. Primare Corporation Schedule of Cost of Goods Sold
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Related Book For
Managerial Accounting
ISBN: 978-1259307416
16th edition
Authors: Ray Garrison, Eric Noreen, Peter Brewer
Posted Date:
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