Question
Case 9-47 Please Kindly Help me with this Section of the Problem Only. This is the TEMPLATE to Case 9-47 Question that I sent first.
Case 9-47 Please Kindly Help me with this Section of the Problem Only. This is the TEMPLATE to Case 9-47 Question that I sent first. Hope this is clear. Thank you so much.
Frame-it com[any Budgeted Schedule of Cost of Goods Manufactured and Sold from the Year Ended Dec 31 20x1
Direct Material,
Raw material Inventory, 1/1/x5:
Add Purchase of raw material:
Raw material available for use:
Deduct Raw material inventory 12/31/x5:
Raw material used:
Direct Labor:
Manufacturing overhead:
Indirect material:
Indirect labor:
Other Overhead:
Depreciation:
Total manufacturing overhead:
Budgeted over/under applied overhead:
Overhead applied to work in progress:
Cost of Good manufactured:
Add: Finished goods inventory 1/1/x5:
Cost of goods available for sale:
Deduct Finished goods inventory 1/1/x5:
Cost of Goods Sold:
The applied manufacturing overhead may be verified independently as follows:
Total number of frame produced:
Direct labor hours per frame:
Total direct labor hours:
Predetermined overhead rate per hour:
Total manufacturing overhead applied:
The cost of goods manufactured may be verified independently as Follows
Frame Produced:
Manufacturing cost per unit:
Total manufacturing cost:
Grand total:
The finished goods inventory on 12/31/x5 be verified independently AS Follows
Projected inventory on 12/31/x5:
Manufacturing cost per unit:
Cost of ending inventory:
Total cost of ending inventory (S &L):
The cost of goods sold may be verified Independently as Follows
Frames sold:
Manufacturing cost per unit:
Cost of goods sold:
The total cost of goods sold (S & L ): Please See the Bold written information on top of this question Thank you
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