Question: Direct materials used 4 8 , 1 5 0 7 8 , 0 0 0 7 2 , 6 0 0 Direct labor 5 0

Direct materials used 48,15078,00072,600
Direct labor 50,000120,000
Manufacturing overhead applied 37,500
Total manufacturing cost 135,650212,600
Work in process 1/1/1477,650015,50025,050
Total cost of work in process 213,300
Work in process 12/31/1420,10011,800
Cost of goods manufactured 192,200222,000

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

Brilliant Accents Company manufactures and sells three styles of kitchen faucets: Brass, Chrome, and White. Production takes 25, 25, and 10 machine hours to manufacture 1,000-unit batches of brass,...

Q:

Use the following information for a manufacturer to compute cost of goods manufactured and cost of goods sold: 1(Click the icon to view account balances.) 2(Click the icon to view other information.)...

Q:

Unit Information PEN593 Energy Economics Teaching Period: S2 2022 This guide should be used in conjunction with the Handbook as the official source of information about this unit. Refer to myMurdoch...

Q:

Please answer all questions and show work in a separate excell worksheet. Thanks Chesapeake Co. manufactures fine dining tables. During the most productive month of the year, 3,500 ta bles were...

Q:

Question 2 of 8 -/4 View Policies Current Attempt in Progress Knight Company reports the following costs and expenses in May. Factory utilities Depreciation on factory equipment Depreciation on...

Q:

1. Record purchase of raw materials. 2. Record direct materials used in production. 3.Record indirect materials used in production. 4. Record direct labor cost incurred, but not yet paid. 5. Record...

Q:

Prepare journal entries to record transactions a through h. a. Raw materials purchased on credit, $84,000. b. Direct materials used, $38,000. Indirect materials used, $13,500. c. Direct labor used,...

Q:

Ch 15 Homework 0 Saved Help 10 Telstar usesjob order costing. The Taccounts below summarize its production activity for the year. Raw Materials Inventory Factory We as Payable Factory Overhead 10...

Q:

Ch 15 Homework 0 Saved Help 10 Telstar usesjob order costing. The Taccounts below summarize its production activity for the year. Raw Materials Inventory Factory We as Payable Factory Overhead 10...

Q:

3 8 01:54:37 Prepare journal entries to record transactions a through h. a. Raw materials purchased on credit, $98,000. b. Direct materials used, $41,500. Indirect materials used, $18,800. c. Direct...

Q:

Build the Model that I have attached below then answer these questions: 1. What is the unit revenue for the WHOLE product line after your adjustments? Enter your result rounded to 1/10 of a penny (3...

Q:

Refrigerant-134a enters an adiabatic compressor at 2308C as a saturated vapor at a rate of 0.45 m3/min and leaves at 900 kPa and 558C. Determine (a) the power input to the compressor, (b) the...

Q:

True or False: An investment with a beta greater than one is consider to riskier than its benchmark.

Q:

a=2 b= 0 c= 2 d=0 e=0 f=9 g=3 5. Draw the Network diagram for the following project. Estimate the Earliest start time and Latest finish time for each activity. If every day it cost 200 rials for this...