Question: Inventories: Beginning Ending Raw materials 46,000 34,000 Work in process 31,000 29,000 Finished goods 27,000 55,000 Additional information: Raw materials purchases 79,000 Direct labor cost

Inventories: Beginning Ending Raw materials 46,000 34,000 Work in process 31,000 29,000 Finished goods 27,000 55,000 Additional information: Raw materials purchases 79,000 Direct labor cost 93,000 Manufacturing overhead cost incurred 54,000 Indirect materials included in manufacturing overhead cost incurred 8,000 Manufacturing overhead cost applied to Work in Process 57,000 Calculate cost of goods sold during the month of January?

plz answer this question

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!

Price Corporation acquired 100 percent ownership of Saver Company on January 1, 20X8, for $133,000. At that date, the fair value of Saver's buildings and equipment was $22,000 more than the book...

E15.10 Prepare a cost of goods manufactured schedule and present the ending inventories of the statement of financial position. LO6, 7 An analysis of the accounts of Salazar Manufacturing reveals the...

very fast plz. Salalah Corporation has provided the following data for the month of April: Inventories Beginning Ending Raw materials $ 21 000 $ 35 000 Work in process $ 17000 $ 19000 Finished goods...

8 Required information Use the following information to answer questions [The following information applies to the questions displayed below.] Part 3 of 4 The following information is available for...

I couldn't write so I posted the questions Required Information [The following information applies to the questions displayed below.] The following information is available for Lock-Tite Company,...

Please help me prepare the following journal entries: Required information [The following information applies to the questions displayed below.] The following information is available for Lock-Tite...

I don't understand what the question asked for newconnect.mheducation.com C Google Watch online ...ovies, shows Home | Olympic College Course Hero Get Homewor...| Chegg.com Cymath | ....XTRAMATH...

Good day please assist this assignment is for duration of an hour by 12h00 it will be closing. Hambakahle (Pty) Ltd estimated that would work 75 000 machine hours and incur R600 000 in manufacturing...

T accounts Inventories Raw materials $ 32, 000 $ 53, 000 Work in process 9, 100 20, 500 Finished goods 64, 000 33, 500 Activities and information for May it 1 of 4 Raw materials purchases (paid with...

Bledsoe Corporation has provided the following data for the month of November: Inventories: Beginning Ending Raw materials $26,100 $22,100 Work in $18,100 $11,100 process Finished Goods $49,100...

The time in minutes for which a student uses a computer terminal at the computer center of a major university follows an exponential probability distribution with a mean of 36 minutes. Assume a...

On January 1, 2017, Picasso Corporation, parent company purchased 70% of the outstanding shares of Monet Company for $2,600,000. At that date, the book values and fair values of Monets assets and...

According to Melvin I. Shapiro, CPA, throughout the usual work of accountants, there is little pressure to follow the principles of GAAP. True False

Two boxes, one transparent and visibly containing $1,000 (A), and one opaque (B) are placed before an agent X at time t. The contents of A are supposed fixed, the contents of B known by the agent to...

The factory manager is considering the following two quotes from two vendors for purchace and maintanance of an equipment. Vendor X's estimates are all in actual dollars, while Vendor Y's estimates...

The Jacksons want to know the amount of required capital that will be needed to have accumulated at retirement to supplement their assumed Social Security to support their retirement goal? Assume...

I) What did Plimsol pay for the Note? Your can use QUARTERLY data and Dates are furnished. On March 10, 2006, HDP Development, LLC purchased a 30-unit apartment property located in the vibrant...

On December 31, the capital balances and profit and loss ratios in the MRS Partnership are as follows Capital Profit and Partner Balance loss ratio B. McLaren $106,000 51% P. Ready 93,000 24% D....

Tori and some other childeen experimented with balls to see which ones rolled. First using a piece of cardboard to use as a ramp, they angled it on a block to the floor to test the balls. Then Tori...

If you were a board member. how would you vote? Why?

Respond to the argument that because men are free to coach women's teams and women to coach men's teams. there is nothing discriminatory in the fact that one job pays more than the other.

Should universities like use base their coaching salaries entirely on market considerations? Or should they pay the coaches of men's and women's sports comparable salaries based on experience, skill,...