Chapter 14 Managerial Accounting Concepts and Principles 569 The following calendar year information is taken from the adjusted trial balance and other STN 144 The foll records of Dahlia Company. TEAMWORKIN ACTION 65 P2 .... $ 19,125 8.750 32,500 122,500 15,750 36.250 Advertising expense...... Depreciation expense-Office equipment... Depreciation expense-Selling equipment. Depreciation expense--Factory equipment Factory supervision.. Factory supplies used indirect materials) Factory utilities... Inventories Raw materials, beginning .. Raw materials, ending.. Work in process, beginning Work in process, ending ... Finished goods, beginning .. Finished goods, ending..... Direct labor... $ 650,750 indirect labor....... ... 60,000 Miscellaneous production costs.... 8,500 Office salaries expense 100,875 Raw materials purchases (direct materials).... 872,500 Rent expense-Office space 21,125 Rent expense--Selling space. 25,750 Rent expense-Factory building....... 79.750 Maintenance expense-Factory equipment.. 27.875 Sales 3.275.000 Sales discounts ......... 57,500 Sales salaries expense....... 286,250 177.500 168,125 15,875 14,000 164,375 129,000 Required 1. Each team member is to be responsible for computing one of the following amounts. You are not to duplicate your teammates' work. Get any necessary amounts from teammates. Each member is to explain the computation to the team in preparation for reporting to class. a. Direct materials used d. Total cost of work in process b. Factory overhead e . Cost of goods manufactured c. Total manufacturing costs Check your cost of goods manufactured amount with the instructor. If it is correct, proceed to part 3. on team member is to be responsible for computing one of the following amounts. You are not to ucate your teammates' work. Get any necessary amounts from teammates. Each member is to plain the computation to the team in preparation for reporting to class.wo d. Total operating expenses income or loss before taxes 3. Each team member is a. Net sales o Chapter 14 Managerial Accounting Concepts and Principles 569 The following calendar year information is taken from the adjusted trial balance and other STN 144 The foll records of Dahlia Company. TEAMWORKIN ACTION 65 P2 .... $ 19,125 8.750 32,500 122,500 15,750 36.250 Advertising expense...... Depreciation expense-Office equipment... Depreciation expense-Selling equipment. Depreciation expense--Factory equipment Factory supervision.. Factory supplies used indirect materials) Factory utilities... Inventories Raw materials, beginning .. Raw materials, ending.. Work in process, beginning Work in process, ending ... Finished goods, beginning .. Finished goods, ending..... Direct labor... $ 650,750 indirect labor....... ... 60,000 Miscellaneous production costs.... 8,500 Office salaries expense 100,875 Raw materials purchases (direct materials).... 872,500 Rent expense-Office space 21,125 Rent expense--Selling space. 25,750 Rent expense-Factory building....... 79.750 Maintenance expense-Factory equipment.. 27.875 Sales 3.275.000 Sales discounts ......... 57,500 Sales salaries expense....... 286,250 177.500 168,125 15,875 14,000 164,375 129,000 Required 1. Each team member is to be responsible for computing one of the following amounts. You are not to duplicate your teammates' work. Get any necessary amounts from teammates. Each member is to explain the computation to the team in preparation for reporting to class. a. Direct materials used d. Total cost of work in process b. Factory overhead e . Cost of goods manufactured c. Total manufacturing costs Check your cost of goods manufactured amount with the instructor. If it is correct, proceed to part 3. on team member is to be responsible for computing one of the following amounts. You are not to ucate your teammates' work. Get any necessary amounts from teammates. Each member is to plain the computation to the team in preparation for reporting to class.wo d. Total operating expenses income or loss before taxes 3. Each team member is a. Net sales o
