3. (3,5 Points) The following information relates to Washington, Inc.: Advertising Costs $19,000 Sales Salary 14,000 Sales Revenue 530,000 President's Salary 340,000 Office Rent 64,500 Manufacturing Equipment Depreciation 1,400 Indirect Materials Used 7,600 Indirect Labor 12.000 Factory Repair and Maintenance 920 Direct Materials Used 30,000 Direct Labor 41,000 Delivery Vehicle Depreciation 1,750 Administrative Salaries 29,000 Required: How much were Washington's product costs? 4. (3,5 Points) Jasper, Inc. reports the following cost information for March: Cost of Goods Manufactured $74,100 Manufacturing Overhead 18,800 Finished Goods Inventory, March 1 4,500 Finished Goods Inventory, March 31 2,000 Work-in-Process Inventory, March 1 9,100 Work-in-Process Inventory, March 31 1,100 Direct Materials Used 25,600 Required: What is the cost of goods sold for March? 5. (3,5 Points) The cost of goods sold for Frye Manufacturing in the year was $373,000. The Ja Finished Goods Inventory balance was $30,200, and the December 31 Finished Goods Invento balance was $24,000. Required: Calculate the cost of goods manufactured during the year. 6. (3,5 Points) Selected data for Lemon Grass, Inc. for the year are provided below: Factory Utilities $1,200 Indirect Materials Used 34,000 Direct Materials Used 289,000 Property Taxes on Factory Building 6,000 Sales Commissions 80,000 Indirect Labor Incurred 21,000 Direct Labor Incurred 150,000 Depreciation on Factory Equipment 6,100 Required: What is the total manufacturing overhead? 7. (3,5 Points) D&l Supplies, Inc. selected cost data for the year are shown below: Work-in-Process Inventory, Jan. 1 Direct Materials Used $5,860 102,000 2,870 Work-in-Process Inventory, Dec. 31 Cost of Goods Manufactured 193,800 Required: Assuming manufacturing overhead costs of $27,820, what is the amount of direct labor incurred by D&l Supplies, Inc. during the year? 8. (3,5 Points) Houston Corporation reports the following cost information for March Cost of Goods Manufactured $71,000 Manufacturing Overhead 19,000 Finished Goods Inventory, March 1 8.000 Finished Goods Inventory, March 31 2.000 Work-in-Process Inventory, March 1 9,660 1,260 Direct Labor 36,500 Work-in-Process Inventory, March 31 Required: What is the amount of direct materials used by the company in March? 9. (3,5 Points) A corporation used $35,000 of direct materials and incurred $73,000 in direct labor cost, and $112,500 in manufacturing overhead costs during the period. Required: What is the cost of goods manufactured if the beginning and ending Work-in-Process Inventories were $28,000 and $21,500, respectively? 10. (3,5 Points) The following information has been provided by Squash Corporation: Direct Labor Direct Materials Used Raw Materials Purchased $6,300 2,700 8,000 Cost of Goods Manufactured 18,000 1.200 Corporate Headquarters' Property taxes 300 510 Ending Work-in-Process Inventory Manufacturing Overhead Incurred Required: What is the beginning balance of Work-in-Process Inventory account? 7. (3,5 Points) D&l Supplies, Inc. selected cost data for the year are shown below: Work-in-Process Inventory, Jan. 1 Direct Materials Used Work-in-Process Inventory, Dec. 31 $5,860 102,000 2,870 193,800 Cost of Goods Manufactured Required: Assuming manufacturing overhead costs of $27,820, what is the amount of direct labor incurred by D&I Supplies, Inc. during the year? 8. (3,5 Points) Houston Corporation reports the following cost information for March: Cost of Goods Manufactured $71,000 Manufacturing Overhead 19,000 Finished Goods Inventory, March 1 8,000 Finished Goods Inventory, March 31 2,000 Work-in-Process Inventory, March 1 9.660 Work-in-Process Inventory, March 31 Direct Labor 1,260 36,500 Required: What is the amount of direct materials used by the company in March? 9. (3,5 Points) A corporation used $35,000 of direct materials and incurred $73,000 in direct labor cost, and $112,500 in manufacturing overhead costs during the period. Required: What is the cost of goods manufactured if the beginning and ending Work-in-Process Inventories were $28,000 and $21,500, respectively? 10. (3,5 Points) The following information has been provided by Squash Corporation: Direct Labor Direct Materials Used Raw Materials Purchased $6,300 2,700 8,000 Cost of Goods Manufactured 18,000 1,200 Corporate Headquarters' Property taxes 300 510 Ending Work-in-Process Inventory Manufacturing Overhead Incurred Required: What is the beginning balance of Work-in-Process Inventory account? 14:331 Done ACMA_504_FINALHO... 4G 13.03, 5 Points Red Tail Manufacturing, Inc. provided the following information for the year Purchases-Raw Materiale Plane Utilities and Insurance 7006 Indirect Materials Used 1100 Indirect Labor 4300 Direct Materials Used in Production Direct Labor 117,000 Depreciation on Factory Plant and Equipment 7,000 Cost of Goods Manufactured 291,00 Cost of Goods Seld 290,000 The inventory account balances as of January 1 are given below. Raw Materials Inventory Work-in-Progress ventory Finished Goods Inventory $46,000 304600 Required: What is the ending balance in the Finished Goods Inventory? 14. (1,5 Points) The following information has been provided by New Age, Inc.: Direct Labor Direct Materials Used Raw Materials Purchased $25.0 Cost of Goods Manufactured Ending Work-in-Process Inventory Corporate Headquarters' Property Taxe Manufacturing Overhead O 45,400 2000 Required: Calculate the beginning balance of the Work-in-Process Inventory account. 15. (1,5 Point Rood Productions has provided the following information for the year Direct Labor Beginning Work-in-Process Inventory Direct Materials Used Ending Work-in-Process Inventory Manufacturing Overland $153.00 62008 52300 132.500 During the year, Reed produced 72.960 unit of product Required: Calculate the unit product cost. (Round your answer to the nearest cent)