Question: Hello, I need some help with this homework question. on Cost Journal Entries and I Accounts Following are certain operating date for Durango Manufacturing Company

Hello,

I need some help with this homework question.

Hello, I need some help with this homework question. on Cost JournalEntries and I Accounts Following are certain operating date for Durango Manufacturing

on Cost Journal Entries and I Accounts Following are certain operating date for Durango Manufacturing Company for January 2016 Materials Work in Process Finished Goods Inventory Inventory Inventory Beginning inventory 51 14 090 SCHOOL sisandg Ending inventory 65 090 IN 26 090 Total sales were fa God and on which the company semed a 409 gross profit Durango uses a predetermined manufacturing overhead rate of 1209/ of direct labor costs . Manufacturing overhead applied was $720 909 Exclusive of indirect material used total manufacturing overhead incurred was 5436 090 it was over-applied by $45 090 . Required Compute the following items . ( Set up T accounts for Materials Inventory Work in Process Inventory Finished Goods Inventory , and Manufacturing Overhead fill in the known amounts and then use the normal relationships among the various socounts to compute the unknown amounts . ) 1 . Cost of goods sold 2 . Cost of goods manufactured 3 . Direct labor incurred Direct material used 5 . Indirect material used 6 . Total materials purchased .Materials Inventory Beg. 114,00 Answer bal. (d) Answer Answer (f) End. Answer bal. Work in Process Inventory Beg. Answer 48.000 bal. (b) Answer (g) Answer (d) Answer End. Answer bal. Manufacturing Overhead Answer Beg. bal. Answer Answer (=) Answer End. bal. Finished Goods Inventory Beg. 150,00 Answer bal. Answer. Anawe End. bal

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