For each of the following independent manufacturing companies, calculate the missing amounts for letters A through...
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For each of the following independent manufacturing companies, calculate the missing amounts for letters A through R. Show all appropriate calculations. VARIOUS CASES WITH MISSING INFORMATION FOR MANUFACTURING ORGANIZATIONS Sales Direct Materials Used Direct Labor Prime Cost Conversion Cost Manufacturing Overhead i Cost of Goods Manufactured Beginning WIP Ending WIP Beginning FC Ending FG Cost of Goods Sold Gross Profit Operating Expenses Net Income (Loss) ACEROLA COMPANY $ 6,200 $ 700 A 2,650 3,425 B 3,350 200 C D 1,000 E 2,950 F 1,100 JUJUBE COMPANY ( G H 1,200 1 J 4.250 4,960 600 1,500 1,000 K 5,050 L 4,740 2,300) PITANGA COMPANY $ 16,800 4.780 1,200 M 8,700 N 0 200 2,400 1,120 P 9,670 Q 3,240 R For each of the following independent manufacturing companies, calculate the missing amounts for letters A through R. Show all appropriate calculations. VARIOUS CASES WITH MISSING INFORMATION FOR MANUFACTURING ORGANIZATIONS Sales Direct Materials Used Direct Labor Prime Cost Conversion Cost Manufacturing Overhead i Cost of Goods Manufactured Beginning WIP Ending WIP Beginning FC Ending FG Cost of Goods Sold Gross Profit Operating Expenses Net Income (Loss) ACEROLA COMPANY $ 6,200 $ 700 A 2,650 3,425 B 3,350 200 C D 1,000 E 2,950 F 1,100 JUJUBE COMPANY ( G H 1,200 1 J 4.250 4,960 600 1,500 1,000 K 5,050 L 4,740 2,300) PITANGA COMPANY $ 16,800 4.780 1,200 M 8,700 N 0 200 2,400 1,120 P 9,670 Q 3,240 R
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Lets go through each company one by one ACEROLA A Direct Labor Prime Cost Direct Materials Used A Direct Labor 2650 700 A Direct Labor 1950 B Manufact... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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