Question: please help me fill in each blank space and answer it in way where i know how to put it into my spreadsheet. please and

please help me fill in each blank space and answer it in way where i know how to put it into my spreadsheet. please and thank you!
please help me fill in each blank space and answer it in
way where i know how to put it into my spreadsheet. please
and thank you! 89DHRBH56FB9012345 11 17 22 27 33 37 41 42
43 46 47 48 49 51 52 53 54 55 56 57
58 59 60 I See The Light Projected Income Statement For the

89DHRBH56FB9012345 11 17 22 27 33 37 41 42 43 46 47 48 49 51 52 53 54 55 56 57 58 59 60 I See The Light Projected Income Statement For the Period Ending December 31, 20x1 25,000 lamps @ $45.00 @$30.00 $ 23,000.00 (Commission per unit) @ $3.00 75,000.00 $ 98.000.00 $ 42,000.00 50,000.00 @$2.00 92.000.00 Sales Cost of Goods Sold Gross Profit Selling Expenses: Fixed Variable Administrative Expenses: Fixed Variable Total Selling and Administrative Expenses: Net Profit Cument Assets Cash Accounts Receivable Inventory Raw Material Lamp Kits Work in Process Finished Goods Total Cument Assets Fixed Assets Equipment Accumulated Depreciation Total Fixed Assets Total Assets Cument Liabilities Accounts Payable Total Liabilities Stockholder's Equity Common Stock I See The Light Projected Balance Sheet As of December 31, 20x1 500 $16.00 0 3000 $30.00 Retained Eamings Total Stockholder's Equity Total Liabilities and Stockholder's Equity $ 20,000.00 6.800.00 $ 12,000.00 147,410.00 $ 1,125,000.00 750,000.00 $375,000.00 190,000.00 $ 185,000.00 S 34,710.00 67,500.00 8,000.00 90.000.00 $ 200,210.00 13,200.00 $ 213.410.00 $ 54.000.00 $ 54,000.00 159.410.00 $ 213.410.00 n PART 4 Process Costing - First-In First-Out 8 General Information 10 The I See The Light Company has a related company that produces the figurines. They use process costing 11 in the molding department. The factory overhead is applied at a rate of 50% of direct labor dollars. 12 The material is added at the beginning of the process. The labor and overhead costs are assumed 14 to be added uniformly throughout. 15 16 17 18 20 21 22 Month of January 23 24 Selected information for January is presented below. Note that the applied overhead rate was 26 50% of direct labor costs in the molding department. 27 28 29 Molding Department 30 32 Goods in-process as of January 1 were 2,900 figurines at a cost of $48,140.00. Of this amount, $46,400.00 was from 33 raw materials added, $1,160.00 for labor and $580.00 for overhead. These 2,900 figurines were assumed to be 34 20.00% complete as to labor and overhead. 35 36 During January, 21,500 units were started, $347,655.00 of materials and $39,640.00 of labor costs were incurred. 38 39 The 5,000 figurines that were in-process at the end of January were assumed to be 20.00% complete to 40 labor and overhead. 41 42 All figurines in January passed inspection. 44 45 46 47 MOLDING 10 Physical Flow of Units 11 12 Work-in-Process - Beginning 13 Units Started this Period 16 Units to Account for 17 18 Total transferred out 19 Work-in-Process - Ending 20 Total Accounted for 26 27 30 31 Equivalent Units Material (Round to three places, ##.#.008) 39 Equivalent Units Conversion (Round to three places, ##.#.0) 40 51 Total cost in the Beginning Inventory (Round to two places, s#,####0) 60 Total cost of Material this period (Round to two places, ##.###.##) 61 62 65 66 67 Total cost of Conversion this period (Round to two places, ##.##0.00) 68 69 72 73 74 Total cost to account for (Round to two places, ##.888.) 75 76 77 78 Cost per equivalent unit of Material this period (Round to seven places, ...) 79 80 81 83 Cost per equivalent unit of Conversion this period (Round to seven places, ###.000) FAQ 11 Introduction PETRX2885885889544495883883858885882ARRERASSESS 37 41 46 47 12 January 13 (12.01) (12.02) (12.03) (12.04) (12.05) (12.06) (12.07) (12.08) (12.09) (12.10) (12.11) (12.12) (12.13) + 84 85 86 87 88 89 90 Cost of the units transferred, material and convesion (Round to two places, S###.###.##) 91 92 93 94 95 96 97 98 Cost of the ending inventory, material and convesion (Round to two places, $###,###.## ) 99 100 101 Total Cost accounted for (Round to two places, $###,###.## ) 102 103 104 105 (12.14) (12.15) (12.16) 8 Job Order Costing 10 11 12 16 17 18 To keep records of the actual cost of a special order job, a Job Order Cost System has been developed. 19 Overhead is applied at the rate of 50% of the direct labor cost. 20 24 25 26 Job Order Costing Section 27 28 On January 1, 20x2, Division S began Job 2407 for the Client, THE BIG CHILDREN STORE. The 32 job called for 4,000 customized lamps. The following set of transactions occurred from 33 January 5 until the job was completed: 34 5-Jan Purchased 4,200 Lamp Kits@ $16.35 per kit 9-Jan 4,150 sets of Lamp Kits were requisitioned, including all those in the Beginning Inventory. 17-Jan Payroll of 610 Direct Labor Hours @ $9.85 per hour. 30-Jan Payroll of 660 Direct Labor Hours @ $10.10 per hour. 30-Jan 3,990 lamps were completed and shipped. All materials requisitioned were used or scrapped, and are a cost of normal processing. Month End Overhead Information Actual Variable Manufacturing Overhead Actual Fixed Manufacturing Overhead $ 1,498.60 $ 40,623.45 Cost of Direct Material Incurred in Manufacturing Job 2407 Cost of Direct Labor Incured in Manufacturing Job 2407 Cost of Manufacturing Overhead Applied to Job 2407 Cost of manufacturing one lamp Introduction FAQ OFFSEFSAN*******95993998588588 838868NRERERR858838853 36 40 41 42 43 44 48 49 50 51 52 56 57 60 64 66 67 72 73 74 75 76 77 78 79 80 81 82 84 PART 5 87 2 Round to two places, 500.00 12 (13.01) (13.02) (13.03) (13.04) 13

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