calculating missing amounts and cost of goods manufactured and 380969
Calculating Missing Amounts and Cost of Goods Manufactured and Sold [LO6]
|
For each of the following independent cases (1’4), compute the missing values.(Input all amounts as positive values. Omit the “$” sign in your response.) Don't use plagiarized sources. Get Your Custom Essay on
calculating missing amounts and cost of goods manufactured and 380969
For $10/Page 0nly
|
| Case 1 | Case 2 | Case 3 | Case 4 | |||||
| Beginning raw materials | $ | 5,000 | $ | $ | 20,000 | $ | 110,000 | |
| Raw material purchases | 45,000 | 12,250 | 41,640 | |||||
| Indirect materials issued | 1,000 | 1,000 | 1,500 | 2,000 | ||||
| Ending raw materials | 2,000 | 2,250 | 93,500 | |||||
|
|
|
|
|
|
|
|
|
|
| Direct materials used | 13,500 | 33,720 | ||||||
| Direct labor | 29,000 | 123,250 | ||||||
| Manufacturing overhead applied | 52,000 | 40,350 | 31,080 | 541,730 | ||||
| Total current manufacturing costs | 75,600 | 92,900 | ||||||
|
|
|
|
|
|
|
|
|
|
| Beginning work in process | 41,000 | 32,600 | 102,520 | |||||
| Ending work in process | 41,250 | 236,100 | ||||||
|
|
|
|
|
|
|
|
|
|
| Cost of goods manufactured | 139,000 | 79,800 | 89,225 | 825,900 | ||||
| Beginning finished goods | 72,000 | 51,900 | ||||||
| Ending finished goods | 80,000 | 30,100 | 397,200 | |||||
|
|
|
|
|
|
|
|
|
|
| Cost of goods sold | 71,000 | 113,375 | 839,400 | |||||
|
|
||||||||
Calculator
Our features
We've got everything to become your favourite writing service
Money back guarantee
Your money is safe. Even if we fail to satisfy your expectations, you can always request a refund and get your money back.
Confidentiality
We don’t share your private information with anyone. What happens on our website stays on our website.
Our service is legit
We provide you with a sample paper on the topic you need, and this kind of academic assistance is perfectly legitimate.
Get a plagiarism-free paper
We check every paper with our plagiarism-detection software, so you get a unique paper written for your particular purposes.
We can help with urgent tasks
Need a paper tomorrow? We can write it even while you’re sleeping. Place an order now and get your paper in 8 hours.
Pay a fair price
Our prices depend on urgency. If you want a cheap essay, place your order in advance. Our prices start from $11 per page.