Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Blackboard Direct Materials, Jan 1, 2020 Work in Proces, Dec 31, 2020 AED 20,000 25,000 Direct Labor 140,000 Finished Goods, Dec 31, 2020 777 22,000

image text in transcribed

Blackboard Direct Materials, Jan 1, 2020 Work in Proces, Dec 31, 2020 AED 20,000 25,000 Direct Labor 140,000 Finished Goods, Dec 31, 2020 777 22,000 Finished Goods, Jan 1, 2020 Manufacturing Overhead Direct Materials, Dec 31, 2020 772 18,000 Work in Process, Jan 1, 2020 22,000 Purchases of Direct Material 170,000 Conversion cost 270,000 COGS 430,000 Required: Calculate the following (show all your calculations) 1- 1-Manufacturing Overhead (2 marks) 2- 2-Direct Materials used (2 marks) 3- 3-Cost of goods manufactured (2 marks) 4- 4-Finished Goods, Dec. 31, 2020 (2 marks) Click Save and Submit to save and submit. Click Save All Answers to save all answers. "OVO

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Information Systems And Internal Control

Authors: Eddy Vaassen, Roger Meuwissen, Caren Schelleman

2nd Edition

0470753951, 9780470753958

More Books

Students also viewed these Accounting questions

Question

How can you listen critically to others public speeches?

Answered: 1 week ago