WXYZ Company manufactures telephones and uses a JIT production system, the following costs were incurred: 2,000...

Transcribed Image Text:

WXYZ Company manufactures telephones and uses a JIT production system, the following costs were incurred: 2,000 Raw and IP, end FG, end 1000 (DM 200, DL 500, FOH, 300) 3000 (DM 760, DL 1400, FOH 840) 5,000 3,000 3,000 Raw Materials Labor Costs Actual FOH Applied FOH Compute for the following: 13. Materials Cost in Raw and IP to be backflushed 14. Materials Cost in FG to be backflushed 15. Cost of goods sold WXYZ Company manufactures telephones and uses a JIT production system, the following costs were incurred: 2,000 Raw and IP, end FG, end 1000 (DM 200, DL 500, FOH, 300) 3000 (DM 760, DL 1400, FOH 840) 5,000 3,000 3,000 Raw Materials Labor Costs Actual FOH Applied FOH Compute for the following: 13. Materials Cost in Raw and IP to be backflushed 14. Materials Cost in FG to be backflushed 15. Cost of goods sold

Answer rating: 100% (QA)

SOLUTION 13 Materials Cost in Raw and IP to be backflushed The cost of raw materials to be backflush... View the full answer