Question: ACCOUNTING 2302 QUESTION Can someone please help answer this questions below? I have most answers but I am stuck in some of them . Thank

ACCOUNTING 2302 QUESTION

Can someone please help answer this questions below? I have most answers but I am stuck in some of them . Thank you! Here is the Job Cost Sheet with my information and also the General Journal.

ACCOUNTING 2302 QUESTION Can someone please help answer this questions below? I

GENERAL JOURNAL

have most answers but I am stuck in some of them .

Check Figure: Cost of Goods Manufactured= $8,980, Net operating income=$14,270
What is the ending balance for raw materials? $11960
What is the ending balance for work in process? $7830
What is the ending balance for finished goods? $0
What is the actual manufacturing overhead cost incurred during December before adjustment?
What is the total applied manufacturing overhead cost during December before adjustment?
What is the unadjusted cost of goods sold?
Was the manufacturing overhead for the month of December overapplied/underapplied ?
What is the amount of Manufacturing overhead overapplied/underapplied? $0
What is the adjusted cost of goods sold? $10530
What is gross margin? $18470
What is the total prime cost for Job#1?
What is the total conversion cost for job #1? $8980
What is the total product cost for job#1?
What was the period cost incurred for the month of December?
What is the total variable cost incurred for Job #1(assume that all selling and administrative cost and all manufacturing overhead costs are fixed.)?
What is the contribution margin for Job #1 (assume that all selling and administrative cost and all manufacturing overhead costs are fixed.)?
What would be the actual (not applied) total fixed manufacturing overhead cost incurred for the company for the month if the order in Job #1 is for five tables instead of one table assuming this cost is with in the relevant range?

Job Cost Sheet Job Number Date Initiated 1-Dec Table Date completed Item Direct Matarials Direct Labor Manufacturing Overhead Amount Hours Rate Amount Hours Rate Amount R$ 5,800.00 6 6 500.00 s 3,000.00 30 180 Cost Summary 5,800.00 Direct Materials 180.00 Direct Labor 3,000.00 Manufacturing Overhead 8,980.00 Total Product Cost 8,980.00 Unit Product Cost

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