Manufacturing cost data for blossom Company, which uses a job-order cost system, are presented below. Indicate...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Manufacturing cost data for blossom Company, which uses a job-order cost system, are presented below. Indicate the missing amount for each letter. Assume that in all cases manufacturing overhead is applied on the basis of direct labour cost and the rate is the same. Direct materials used Direct labour Case A Case B (a) $78,900 50,400 Manufacturing overhead applied 32,760 Total manufacturing costs 138,800 Work in process 1/1/22 Total cost of work in process 220,400 Work in process 12/31/22 Cost of goods manufactured 193,600 eTextbook and Media List of Accounts 120,900 (b) 16.100 (c) 19,700 Case C $73 (d) (e) 216 (0) 23 222 SUPP Manufacturing cost data for Blossom Company, which uses a job-order cost system, are presented below. Indicate the missing amount for each letter. Assume that in all cases manufacturing overhead is applied on the basis of direct labour cost and the rate is the same. Case A Case B iterials used $ (a) $78,900 jour 50,400 uring overhead applied 32,760 ufacturing costs 138,800 rocess 1/1/22 of work in process 220,400 rocess 12/31/22 sods manufactured eTextbook and Media List of Accounts 120,900 (b) 16.100 (c) 19,700 193,600 Case C $73,100 (d) (e) 216,650 (0 23.500 (g) 222,000 (h) (0) (k) Manufacturing cost data for blossom Company, which uses a job-order cost system, are presented below. Indicate the missing amount for each letter. Assume that in all cases manufacturing overhead is applied on the basis of direct labour cost and the rate is the same. Direct materials used Direct labour Case A Case B (a) $78,900 50,400 Manufacturing overhead applied 32,760 Total manufacturing costs 138,800 Work in process 1/1/22 Total cost of work in process 220,400 Work in process 12/31/22 Cost of goods manufactured 193,600 eTextbook and Media List of Accounts 120,900 (b) 16.100 (c) 19,700 Case C $73 (d) (e) 216 (0) 23 222 SUPP Manufacturing cost data for Blossom Company, which uses a job-order cost system, are presented below. Indicate the missing amount for each letter. Assume that in all cases manufacturing overhead is applied on the basis of direct labour cost and the rate is the same. Case A Case B iterials used $ (a) $78,900 jour 50,400 uring overhead applied 32,760 ufacturing costs 138,800 rocess 1/1/22 of work in process 220,400 rocess 12/31/22 sods manufactured eTextbook and Media List of Accounts 120,900 (b) 16.100 (c) 19,700 193,600 Case C $73,100 (d) (e) 216,650 (0 23.500 (g) 222,000 (h) (0) (k)
Expert Answer:
Posted Date:
Students also viewed these accounting questions
-
Lewis and Associates has been in the termite inspection and treatment business for five years. The following is a list of accounts for Lewis on June 30, 2017. It reflects the recurring transactions...
-
Hook Industries is considering the replacement of one of its old drill presses. Three alternative replacement presses are under consideration. The relevant cash flows associated with each are shown...
-
A pressurized steel tank is constructed with a helical weld that makes an angle a = 55° with the longitudinal axis (see figure). The tank has radius r = 0.6 m, wall thickness t = 18 mm, and...
-
The individual recognized as the father of scientific management is: A. Fayol. B. Weber. C. Taylor. D. Ouchi.
-
The data that follow are for a retail organization and a manufacturing organization. 1. Fill in the missing data for the retail organization: 2. Fill in the missing data for the...
-
The Attorney for the family argues that then NP was negligent in managing the patient depression and anxiety and failed to recognize the patient ' s risk for suicide . Given the patient high risk for...
-
The latest wave of development in FinTech has begun with?
-
Robert Rotter, CPA, is considering the use of a mean-per-unit estimation sampling plan. Explain the factors that Rotter would consider in determining: a. The acceptable risk of incorrect rejection....
-
Select the best answer for each of the following questions. Explain the reason for your selection. a. Which of the following would be least likely to be considered an objective of internal control?...
-
Distances of the eight planets from the sun, in millions of miles, were measured. The following TI-84 Plus display presents some results. a. Is this a population or a sample? b. Find the appropriate...
-
The following TI-84 Plus display presents some sample statistics. a. Assume that a histogram of the sample is bell-shaped. Approximately what percentage of the sample values are between 72 and 86? b....
-
Select the best answer for each of the following and explain fully the reason for your selection: a. A material departure from generally accepted accounting principles will result in auditor...
-
Basis of accounting refers to the body of accounting principles that determines when the effect of a financial transaction or event should be recognized for financial reporting purposes. It is a set...
-
Which of the following streaming TV devices does not involve use of a remote controller? A) Google Chromecast B) Apple TV C) Amazon Fire TV D) Roku
-
Why is double-entry bookkeeping so important?
-
Computerization means that there is no need to understand double-entry bookkeeping. Discuss.
-
Which of the following statements most accurately describes the current production environment and its effect on manufacturers cost structures? a. Due to the relatively high cost of technology and...
Study smarter with the SolutionInn App