Can someone answer this question. Financial & Managerial Accounting (16th Edition) Chapter 16 Excercise 5?

e. Salaries of factory security guards f. Salaries of office workers in the credit department. g. Depreciation on the raw materials warehouse. h. Income taxes on a profitable manufacturing company EXERCISE 16.4 Flow of Costs through Manufacturing Accounts ollowing information was taken from the accounting records of Reliable Tool Corporat Work in process inventory, beginning of the year Cost of direct materials used Direct labor cost applied to production Cost of finished goods manufactured s 35.000 245,000 120,000 675.000 Overhead is assigned to production at $300,000. Compute the amount of the work in process inventory on hand at year-end. EXERCISE 165 The accounting records of NuTronics, Inc, include the following information for the year er Preparing a Schedule December 31, 2011, of the Cost of Finished Goods Manufactured Dec. 31 Jan. 1 Inventory of materials... Inventory of work in process Inventory of finished goods Direct materials used Direct labor Selling expenses General and administrative expenses $ 24,000 $20,000 8,000 12,000 90,000 80,000 . 210,000 120,000 170,000 140,000 Overhead is assigned to production at $192,000. a. Prepare a schedule of the cost of finished goods manufactured. (Not all of the data given above are used in this schedule.) Assume that the company manufactures a single product and that 20,000 units w during the year. What is the average per-unit cost of manufacturing this product? b. ere completed EXERCISE 16.6 Flow of Costs through Manufacturing Accounts The Bags and Luggage Company had the following account balances as of January 1 Direct Materials Inventory Work in Process Inventory $9,200 78,400 53,600 Manufacturing Overhead During the month of January, all of the following occurred: 1. Direct labor costs were $42,000 for 1.800 hours worked. 2. Dire 3. Sales commissions of $16,500 were earned by the sales force. 4. $26,000 worth of direct materials were used in production. 5. Advertising costs of S6,300 were incurred 6. Factory supervisors earned salaries of $12.000. 7. Indirect labor costs for the month were $3,000 8. Monthly depreciation on factory equipment was $4.500. ct materials costing $35,750 and indirect materials costing $3,500 were purchased