Determine the missing amount for each separate situation involving work in process cost flows. (1) (2) (3)
Question:
Determine the missing amount for each separate situation involving work in process cost flows.
Transcribed Image Text:
(1) (2) (3) Total manufacturing costs 2$ ? $150,000 $217,000 Work in process inventory, beginning 105,000 ? 32,000 Work in process inventory, ending 84,000 22,000 ? Cost of goods manufactured 200,000 138,000 237,000
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 57% (14 reviews)
Cost of Goods Manufactured Total Manufacturing Costs Wo...View the full answer
Answered By
Marvine Ekina
Marvine Ekina
Dedicated and experienced Academic Tutor with a proven track record for helping students to improve their academic performance. Adept at evaluating students and creating learning plans based on their strengths and weaknesses. Bringing forth a devotion to education and helping others to achieve their academic and life goals.
PERSONAL INFORMATION
Address: , ,
Nationality:
Driving License:
Hobbies: reading
SKILLS
????? Problem Solving Skills
????? Predictive Modeling
????? Customer Service Skills
????? Creative Problem Solving Skills
????? Strong Analytical Skills
????? Project Management Skills
????? Multitasking Skills
????? Leadership Skills
????? Curriculum Development
????? Excellent Communication Skills
????? SAT Prep
????? Knowledge of Educational Philosophies
????? Informal and Formal Assessments
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Determine the missing amount for each separate situation involving manufacturing costs. (1) (2) (3) Direct materials used $8,000 $14,000 ? Direct labor used 4,000 ? 18,000 Factory overhead 5,000...
-
Determine the missing amount for each separate situation involving manufacturing cost flows. (1) (2) (3) Direct materials used $ (a) $150,480 $33,890 Direct labor used 75,000 (d) 45,720 Factory...
-
Determine the missing amount for each separate situation involving inventory cost flows. (1) (2) (3) Cost of merchandise purchased $ ? $140,000 $289,000 Merchandise inventory, beginning 106,000...
-
Read and watch the video case Using Operations to Create Value at Crayola and answer the following questions. a) Identify Crayolas competitive priorities from the list in Table 1.3 of the textbook...
-
A small air turbine with an isentropic efficiency of 80% should produce 270 kJ/kg of work. The inlet temperature is 1000 K and it exhausts to the atmosphere. Find the required inlet pressure and the...
-
Harvard University has recently revolutionized its financial aid policies, aimed at easing the financial strain on middle and upper-middle income families (Newsweek, August 1825, 2008). The expected...
-
The manager of operations of Air Canada is trying to decide whether to adopt a new discount fare. Focus on one 134-seat airplane now operating at a 56 percent load factor. That is, on the average the...
-
Forester Company has five products in its inventory. Information about the December 31, 2018, inventory follows. The cost to sell for each product consists of a 15 percent sales commission. The...
-
Add, using the rule for order of operations if necessary: [8+(-3)]+[2+ (-13)] =
-
Nutri-Jenny is a weight-management center. It produces a wide variety of frozen entrées for consumption by its clients. The entrées are strictly monitored for nutritional content to...
-
A company reports cost of goods manufactured of $918,700 and cost of goods sold of $955,448. Compute the average manufacturing cost per unit assuming 18,374 units were produced.
-
Refer to the data in Quick Study 18-16. Factory overhead of $39,000 consists of Indirect labor of $20,000, Depreciation expenseFactory of $15,000, and Factory utilities of $4,000. a. Compute total...
-
Visit the Network Advertising Initiative's website to learn more about behavioral targeting and the advertising industry's efforts to give consumers power to protect their online privacy. Click on...
-
During the year CorpH, a PEI - based corporation, had the following transactions: Purchased an automobile in Nova Scotia for $ 3 2 , 0 0 0 ( including GST / HST ) . Leased an automobile from a...
-
Starting with import numpy my2dlist = [[1,2,3], [4,5,6],[7,8,9]] Identify how to create a numpy array
-
Lasky Manufacturing has two divisions: Carolinas and Northeast. Lasky has a cost of capital of 7.5 percent. Selected financial information (in thousands of dollars) for the first year of business...
-
Using Java language, program an airport simulator. The airport has one runway, and a plane can either be taking off or landing on it at any given unit of time. Each time your loop iterates represents...
-
What were the main legal issues in this case? What did the appeals court decide? What evidence supports the conclusion that the alleged harasser Mullen was a supervisor of Wyatt? Why is there some...
-
Exercise World began January with merchandise inventory of 90 crates of vitamins that cost a total of $5,850. During the month, Exercise World purchased and sold merchandise on account as follows:...
-
How can NAFTA be beneficial to suppliers of Walmart?
-
Cimarron Companys fixed budget performance report for July follows. The $630,000 budgeted expenses include $588,000 variable expenses and $42,000 fixed expenses. Actual expenses include $54,000 fixed...
-
Daytec Companys fixed budget performance report for June follows. The $440,000 budgeted expenses include $300,000 variable expenses and $140,000 fixed expenses. Actual expenses include $130,000 fixed...
-
After evaluating Zero Companys manufacturing process, management decides to establish standards of 1.5 hours of direct labor per unit of product and $11 per hour for the labor rate. During October,...
-
Current Attempt in Progress The following are selected 2022 transactions of Sheffield Corporation. Jan. 1 Purchased a small company and recorded goodwill of $225,000. Its useful life is indefinite....
-
A joint tenancy does not Multiple Choice Creates a right of survivorship in the surviving joint tenants upon the death of one Must arise from the same instrument and grant possession at the same time...
-
While on her way home from work in 2021, Olivia was in a car accident and lost full use of her legs. She purchased a powered wheelchair so she could continue to work in her current position. Which of...
Study smarter with the SolutionInn App