Note: Assume all raw materials were used as direct materials. Beginning of Year End of Year...
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Note: Assume all raw materials were used as direct materials. Beginning of Year End of Year Inventories $ 7,200 $ 9,900 Raw materials inventory Work in process inventory Finished goods inventory 14,400 10,200 10,900 6,700 Activity during current year Raw materials purchased $ 125,900 95,200 Direct labor Factory overhead 42,600 Factory overhead of $42,600 consists of Indirect labor of $21,200, Depreciation expense-Factory of $16,200, and Factory utilities of $5,200. a. Compute total manufacturing costs. b. Prepare a schedule of cost of goods manufactured. Complete this question by entering your answers in the tabs below. Required A Required B Compute total manufacturing costs. Total manufacturing costs $ Required A Required B Prepare a schedule of cost of goods manufactured. Direct materials Schedule of Cost of Goods Manufactured Raw materials available for use Factory overhead Total factory overhead Cost of goods manufactured $ 0 0 0 Note: Assume all raw materials were used as direct materials. Beginning of Year End of Year Inventories $ 7,200 $ 9,900 Raw materials inventory Work in process inventory Finished goods inventory 14,400 10,200 10,900 6,700 Activity during current year Raw materials purchased $ 125,900 95,200 Direct labor Factory overhead 42,600 Factory overhead of $42,600 consists of Indirect labor of $21,200, Depreciation expense-Factory of $16,200, and Factory utilities of $5,200. a. Compute total manufacturing costs. b. Prepare a schedule of cost of goods manufactured. Complete this question by entering your answers in the tabs below. Required A Required B Compute total manufacturing costs. Total manufacturing costs $ Required A Required B Prepare a schedule of cost of goods manufactured. Direct materials Schedule of Cost of Goods Manufactured Raw materials available for use Factory overhead Total factory overhead Cost of goods manufactured $ 0 0 0
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Schedule of cost of goods manufactured 7200 125900 1... View the full answer
Related Book For
Fundamental Managerial Accounting Concepts
ISBN: 978-0078110894
6th Edition
Authors: Edmonds, Tsay, olds
Posted Date:
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