As consultants, we are hired to help the company track and report costs. The following Tableau...
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As consultants, we are hired to help the company track and report costs. The following Tableau Dashboard is provided to assist us in our analysis. $21,000 $18,000 $15,000 $12,000 $9,000 $6,000 $3,000 Raw Materials Inventories Work in Process Finished Goods $21,000 $18,000 $15,000 $12,000 $9,000 $6,000 $3,000 50 Raw Materials November 30 December 31 Inventories Work in Process November 30 December 31 Finished Goods November 30 December 31 U Factory Overhead for December Indirect materials Total Overhead $42,000 Other overhead costs Indirect labor Predetermined Overhead Rate Sales, Materials, and Payroll for December Factory payroll Raw materials purchases Sales +ableau 1. Did finished goods inventory increase or decrease, and by what amount, from November 30 to December 31? 2. Did raw materials inventory increase or decrease, and by what amount, from November 30 to December 31? 3. Compute cost of direct materials used. Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 3 1. Did finished goods inventory increase or decrease, and by what amount, from November 30 to December 31? 2. Did raw materials inventory increase or decrease, and by what amount, from November 30 to December 31? 1. Finished goods inventory 2. Raw materials inventory The by by Req 3 > 3. Compute cost of direct materials used. Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Compute cost of direct materials used. Cost of direct materials used < Req 1 and 2 D As consultants, we are hired to help the company track and report costs. The following Tableau Dashboard is provided to assist us in our analysis. $21,000 $18,000 $15,000 $12,000 $9,000 $6,000 $3,000 Raw Materials Inventories Work in Process Finished Goods $21,000 $18,000 $15,000 $12,000 $9,000 $6,000 $3,000 50 Raw Materials November 30 December 31 Inventories Work in Process November 30 December 31 Finished Goods November 30 December 31 U Factory Overhead for December Indirect materials Total Overhead $42,000 Other overhead costs Indirect labor Predetermined Overhead Rate Sales, Materials, and Payroll for December Factory payroll Raw materials purchases Sales +ableau 1. Did finished goods inventory increase or decrease, and by what amount, from November 30 to December 31? 2. Did raw materials inventory increase or decrease, and by what amount, from November 30 to December 31? 3. Compute cost of direct materials used. Complete this question by entering your answers in the tabs below. Req 1 and 2 Req 3 1. Did finished goods inventory increase or decrease, and by what amount, from November 30 to December 31? 2. Did raw materials inventory increase or decrease, and by what amount, from November 30 to December 31? 1. Finished goods inventory 2. Raw materials inventory The by by Req 3 > 3. Compute cost of direct materials used. Complete this question by entering your answers in the tabs below. Req 1 and 2 Reg 3 Compute cost of direct materials used. Cost of direct materials used < Req 1 and 2 D
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1 From the bar graph it can be observed that Finished goods inventory on November 30 is 7500 Finishe... View the full answer
Related Book For
Cost Management Measuring Monitoring And Motivating Performance
ISBN: 9781118168875
2nd Canadian Edition
Authors: Leslie G. Eldenburg, Susan Wolcott, Liang Hsuan Chen, Gail Cook
Posted Date:
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