{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-26T19:09:50-04:00", "answer_date": "2024-05-26 19:09:50", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1755728", "url": "\/study-help\/questions\/beck-manufacturing-reports-the-following-information-in-taccounts-for-the-1755728", "question_creation_date_js": "2024-05-26T19:09:50-04:00", "question_creation_date": "May 26, 2024 07:09 PM", "meta_title": "[Solved] Beck Manufacturing reports the following | SolutionInn", "meta_description": "Answer of - Beck Manufacturing reports the following Information in T-accounts for the current year. Raw Materials Inventory Debit | SolutionInn", "meta_keywords": "beck,manufacturing,reports,information,-accounts,current,year,raw,materials,inventory,debit,credit", "question_title_h1": " Beck Manufacturing reports the following Information in T-accounts for the current year. Raw Materials Inventory Debit Credit Beginning 10,100 Purchases 58,000 Available for use", "question_title": " Beck Manufacturing reports the following Information in T-accounts for the current", "question_title_for_js_snippet": "Beck Manufacturing reports the following Information in T accounts for the current year Raw Materials Inventory Debit Credit Beginning 10,100 Purchases 58,000 Available for use 68,100 Direct materials used 51,500 Ending 16,600 Work in Process Inventory Debit Credit Beginning 14,400 Direct materials used 51,500 Direct labor 29,100 Overhead 68,500 163,500 Cost of goods manufactured 149,200 Ending 14,300 Finished Goods Inventory Debit Credit Beginning 20,800 Cost of goods manufactured 149,200 Available for sale 170,000 Cost of goods sold 149,600 Ending 20,400 1 Prepare the schedule of cost of goods manufactured for the year 2 Compute cost of goods sold for the year Complete this question by entering your answers in the tabs below Required 1 Required 2 Prepare the schedule of cost of goods manufactured for the year Beck Manufacturing Schedule of Cost of Goods Manufactured Direct materials For Year Ended December 31 Raw materials available for use Direct materials used Factory overhead Total manufacturing costs Total cost of work in process Cost of goods manufactured 0 S 0 0 0 S 0", "question_description": "\"image", "transcribed_text": "Beck Manufacturing reports the following Information in T-accounts for the current year. Raw Materials Inventory Debit Credit Beginning 10,100 Purchases 58,000 Available for use 68,100 Direct materials used 51,500 Ending 16,600 Work in Process Inventory Debit Credit Beginning 14,400 Direct materials used 51,500 Direct labor 29,100 Overhead 68,500 163,500 Cost of goods manufactured 149,200 Ending 14,300 Finished Goods Inventory Debit Credit Beginning 20,800 Cost of goods manufactured 149,200 Available for sale 170,000 Cost of goods sold 149,600 Ending 20,400 1. Prepare the schedule of cost of goods manufactured for the year. 2. Compute cost of goods sold for the year. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the schedule of cost of goods manufactured for the year. Beck Manufacturing Schedule of Cost of Goods Manufactured Direct materials: For Year Ended December 31 Raw materials available for use Direct materials used Factory overhead: Total manufacturing costs Total cost of work in process Cost of goods manufactured 0 S 0 0 0 S 0", "related_book": { "title": "Fundamental financial accounting concepts", "isbn": "978-007802536, 9780077648831, 0078025362, 77648838, 978-0078025365", "edition": "8th edition", "authors": "Thomas P. Edmonds, Frances M. Mcnair, Philip R. Olds, Edward", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/264.jpg", "uri": "\/textbooks\/fundamental-financial-accounting-concepts-8th-edition-264", "see_more_uri": "" }, "free_related_book": { "isbn": "0743496736", "uri": "\/textbooks\/nineteen-minutes-a-novel-0743496736-127760", "name": "Nineteen Minutes A Novel", "edition": "" }, "question_posted": "2024-05-26 19:09:50", "see_more_questions_link": "\/study-help\/questions\/business-banking-2021-September-12", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/questions\/please-help-asap4a-let-fx-x-3-657957", "description": "Hot Locks Company developed the following information for its hair dryer sales: Sales price $ 125.00 per unit Variable manufacturing cost $ 44.75 per unit Variable selling expense ...", "stars": 3 }, { "url": "\/tall-corporation-acquired-75-percent-of-light-corporations-voting-common", "description": "Tall Corporation acquired 75 percent of Light Corporation's voting common stock on January 1, 20X2, at underlying book value. 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