Question: Question # 1 by hand on paper using the variables, A and B , provided in the Assignment Comments. Please use proper form and
Question # by hand on paper using the variables, "A and B provided in the Assignment Comments. Please use proper form and show all of your work. You may do your work in an electronic spreadsheet. Read the directions thoroughly! Keep in mind that while analysis questions are broad by design, your answer should be very specific and use accounting language. Jack Corporation provided the following list of cost data related to its manufacturing operations for the month of August X All raw materials are direct materials. The company incurred interest expense of $ in the period.
A
B
Problem variables
Beginning raw materials inventory: A
Raw materials purchased net
Ending raw materials inventory
Direct labor costs
Factory rent fixed
Indirect labor fixed
Factory utilities and maintenance fixed
Factory depreciation fixed
Beginning work in process: B
Ending work in process
SG&A sales commissions variable
SG&A fixed
Beginning Finished goods inventory
Ending Finished goods inventory must be calculated
Arrange the cost data into a statement of cost of goods manufactured.
If the company sold units for $ and cost of goods sold for the month was $ what was the ending balance in $ in finished goods inventory for the month?
Write the journal entries to purchase the raw materials, transfer raw materials to WIP transfer goods manufactured to finished goods and reduce inventory for goods sold. create the ledger for this too
Prepare a multistep income statement
Compute breakeven in units and sales dollars assuming Variable Costs are $ per unit
Compute the contribution margin on a per unit basis
Analyze the organizations's flow of costs, one paragraph required
Analyze the organization's breakeven projection, one paragraph required
Please show all the steps, formulas and everything.
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