Question: need help working out these problems 0/1pts ered Question 10 On January 1, Feldstein Manufacturing had a beginning balance in Work-in-Process Inventory of $83,800 and






0/1pts ered Question 10 On January 1, Feldstein Manufacturing had a beginning balance in Work-in-Process Inventory of $83,800 and a beginning balance in Finished Goods Inventory of $23,600. During the year, Feldstein incurred manufacturing costs of $352,500. rd During the year, the following transactions occurred: Job A-12 was completed for a total cost of $121,800 and was sold for $126,300. Job A-13 was completed for a total cost of $202,500 r and was sold for $211,900. Job A-15 was completed for a total cost $65,000 but was not sold as of year-end. What was the balance in Finished Goods Inventory at the end of the year? nswer $88,600 debit balance $412,900 debit balance $88,600 credit balance $389,300 debit balance nobloe finmar. At the beginning of the year, Judge Manufacturing had the following account balances: SF ARN Work-in-Process Inventory 20,000 ccount shboard Finished Goods Inventory 8,000 Courses Calendar Manufacturing Overhead Inbox ac ? Help Cost of Goods Sold lc www Sales Revenue L lc The following additional details are provided for the vear: Cost of Goods Sold SF RN Sales Revenue unt The following additional details are provided for the oard year: Direct materials placed in production $83,200 rses Direct labor incurred 190,000 Manufacturing overhead incurred Manufacturing overhead allocated to production Cost of jobs completed and transferred The ending balance in the Finished Goods Inventory 300,500 ndar 295,900 501,300 OX account is a elp debit of $501,300 debit of $569,100 debit of $8000 nswer debit of $509,300 0/1pts d Question 12 At the beginning of the year, Conway Manufacturing had the following account balances: Work-in-Process Inventory 2,000 Finished Goods Inventory 8,000 Manufacturing Overhead Cost of Goods Sold mgr....pptx A nobles fi- https://usflearn.instructure.com/courses/1339390/quizzes/1945161 JSF ARN Sales Revenue 0 ccount The following additional details are provided for the year: hboard Direct materials placed in production $81,800 Direct labor incurred 192,000 urses Manufacturing overhead incurred Manufacturing overhead allocated to production Cost of jobs completed and transferred 301,200 297,600 lendar 501,000 The ending balance in the Work-in-Process Inventory ac box account is a Melp credit of $72,400 lc ww debit of $2000 credit of $2000 L nswer debit of $72,400 lc nobles_finmgr....ptx USF LEARN 0/1pts ered Question 13 Account Neptune Accounting Services expects its accountants to work for 24,000 direct labor hours per year. The company's estimated total indirect costs are $225,000. The direct labor rate is $70 per hour. The Dashboard company uses direct labor hours as the allocation base for indirect costs. If Neptune performs a job requiring 30 hours of direct labor, what is the total job cost? (Round any intermediate calculations to the Courses Calendar nearest cent, and your final answer to the nearest dollar.) Inbox $281 Help $2,100 $225,000 nswer $2,381 L lc An K ered Question 14 $225,000 USF LEARNnswer $2,381 Account 0/1pts ered Question 14 Dashboard Bass Accounting Services expects its accountants to work a total of 21,000 direct labor hours per year. The Courses company's estimated total indirect costs are $315,000. The company uses direct labor hours as the allocation base for indirect costs. What is the indirect Calendar cost allocation rate? Inbox $30 per hour Help nswer $15 per hour $18.00 per hour $150 per hour K ered Question 15 0/1 pts nobles_finmgr.... pptx
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
