Gabbitas Manufacturing Company reported the following materials data for the month ending September 30: Determine the cost

Question:

Gabbitas Manufacturing Company reported the following materials data for the month ending September 30:

Determine the cost of direct materials used in production by Gabbitas during the month ended September 30.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Financial And Managerial Accounting

ISBN: 9780357714041

16th Edition

Authors: Carl S. Warren, Jefferson P. Jones, William Tayler

See More Books

Question Posted: Dec 08, 2022 05:20 AM

See More Questions

Sepulveda Manufacturing Company reported the following materials data for the month ending November 30: Materials purchased .................................... $572,400 Materials inventory, November...
Saron Manufacturing Company reported the following materials data for the month ending April 30, 2012: Materials purchased...................................$860,000 Materials inventory, April...
Walker Manufacturing Company reported the following materials data for the month ending June 30: Materials purchased.............................................$845,700 Materials inventory, June...
Distinguish between a National Health Insurance system and a National Health Service. Provide examples of each. What kind of a system does the United States have?
What is the subject of each of the following IRS Notices? a. Notice 89-114 b. Notice 99-51 c. Notice 2000-28
Water softeners often replace calcium ions in hard water with sodium ions. Since sodium compounds are soluble, the presence of sodium ions in water does not cause the white, scaly residues caused by...
Several years ago, Bennett, Inc., bought a portion ofthe outstanding bonds of Smith Corporation, a subsidiary organization. The acquisition was made from an outside party. In the current year, how...
Most companies use the voucher system. Due to poor profitability, several employees in the accounting office were let go. Joe Rose, who handled the verification of the vouchers in the voucher...
quity and Available - for - Sale Investments O Brien Industries Inc. is a book publisher. The available - for - sale investments at cost and fair value on December 3 1 , 2 0 Y 4 , are as follows:...
A patent gave Sony a legal monopoly to produce a robot dog called Aibo ( eye- BO). The Chihuahua- size pooch robot can sit, beg, chase balls, dance, and play an electronic tune. When Sony started...
A summary of the time tickets is as follows: Journalize the entry to record the factory labor costs. Job No. 55 57 58 60 Amount $ 3,300 6,105 21,005 15,500 Job No. Indirect 66 67 70 Amount $ 9,300...
Ralph Lauren Corporation (RL) sells apparel through company owned retail stores. Financial information for Ralph Lauren follows (in thousands): Assume the apparel industry average return on total...
XTC is planning a 1 for 4 rights issue at a 20 per cent discount to the current market price of 2.50. If investors wish to sell their rights per existing share, how much should they sell them for?...
A program X running on processor A has a global CPI of 2 and a clock frequency of 2 GHz. The same program X running on processor B has a global CPI of 5 and a clock frequency of 5 GHz. what processor...
20 cm Room (3) 20 cm + 1 D=10 cm + 20 cm [ 10 10 cm Figure 7 (d) Using configuration factor formulae given in Figures 7(a), 7(b) and 7(c) Calculate configuration factor F12 in Figure 7(d) treating...
2. Let P(3,2,1),Q(2,1,c) and R(c,1,0) be points in R3. (a) Use the cross product definition to find the area of triangle PQR in terms of c. (b) For what values of c (if any) is PQR a right triangle?
Find and classify the discontinuities of the following function as removable or nonremovable. If a classification has no discontinuities, write None for your answer. Answer 03023 Hawks Learning A(x)=...
Do you see a parallel between the evolution of goals in economics and the move from Corporate Social Responsibility (CSR) to environmental, social, and governance (ESG), ? If so, please explain...
Consider again the charged planes in Problem 62 (Fig. P17.62), but now assume the inner plane has a charge density of -10 C/cm 2 and the outer planes have charge densities +10 C/cm 2 . Find the...
The time to assemble the first unit on a production line is 10 hours. The learning rate is 0.94. Approximately how long will it take for the seventh unit to be assembled? The number of hours needed...
What standard classifications are used in preparing a classified balance sheet?
What is meant by the term operating cycle?
Define current assets. What basis is used for arranging individual items within the current assets section?
Physical Units Method, Relative Sales Value Method Farleigh Petroleum, Inc., is a small company that acquires high - grade crude oil from low - volume production wells owned by individuals and small...
A proposed $2.5 M investment in new equipment at a 100 MG/y M&Ms factory will save the plant $800,000/y in energy costs. Assuming an annual interest rate of 5%/y (compounded annually), and an...
Brief Exercise 10-7 Coronado Company obtained land by issuing 2,250 shares of its $14 par value common stock. The land was recently appraised at $103,240. The common stock is actively traded at $44...

Gabbitas Manufacturing Company reported the following materials data for the month ending September 30: Determine the cost

Question:

Materials purchased Materials inventory, September 1 Materials inventory, September 30 $815,900 235,200 203,000

Step by Step Answer:

Materials inventory September 1 235200 Materi...View the full answer

Financial And Managerial Accounting

Students also viewed these Business questions