Could you answer question 11 please?

ST Part Two Instructions d on the womtion provided in the next section, complete the following Using a sprea requirements 1. Determine the predetermined overhead rate. 2 Duterte total number of robot wount for w domowe Equivalent Unte Start/Completed Transferred Out 5. Det the cost for men and the cost for each motor 6. Determine the total cost for the wheels and the unit cost for the wheels for the robot 7. Determine the conversion cost and the conversion cost per rabat & Determine the equivalent cost per robot. 9. Prepare a cost of production report. This report should show costr e tto war Process and the cost transferred to the Good Thi n g 30. Determine the amounts for the following a) Ending Work in Proces o ry in Units AND Dollars b Ending Finished Goods inventory is Units AND Dollars Cost of Goods Sold di Over/Under Aplied Manufacturing Overhead e) Gross Mar Income from Operations Net Income Il Prepare the necessary Journal Entries related to the manufacturing yde for this accounting period. Prepare journal entries for the accounting produse the account numbers in the chart of accounts, be a d of the counts when the metres ACCOUNTING SOCIETY Manufacturing Process Information Mr. Roberts, the CEO of Robust Robots, Inc. has begun a small manufacturing process that will manufacture simple functioning robots and then sell the robots to merchandising companies. The manufacturing process starts with plastic being formed into parts through injection molding. After the parts are cooled and inspected the parts are assembled. The first step is attaching the dome to the body, attach the legs, then insert the motor and fasten the wheels. Once completed the robots are then transferred to finished goods. This is a process cost system and the company elects to use the FIFO method of accounting for product costs. Direct material-plastic is added 100% at the beginning of the process for all parts. Direct material motors and wheels are added 100% as the last step in the manufacturing process. At the beginning of the accounting period, Mr. Roberts estimates that production will be 100,000 robots during the year. Estimated factory overhead is $50,000. This information is to be used to determine the application rate for the manufacturing overhead. Estimated and actual direct labor costs totaled $41,880. Actual factory overhead costs totaled $45,000 The following information is available concerning direct materials. Direct Materials-Plastic Pellets Beginning inventory O plastic pellets Purchase of plastic 100,000 pounds @ $10.63 a pound Each robot takes a pound of plastic pellets. O motors Direct Material Motors Beginning inventory Purchase of motors Each robot contains one motor. 100,000 motors @ $15.00 each Direct Materials-Wheels Beginning inventory Purchase of wheels Each robot needs 2 wheels O wheels 200,000 wheels @ $5.00 each The Work-in-Process account has the following information: Ending work in process inventory has 17,000 units that are 100% complete as to plastic parts, 25% complete as to conversion costs and 0% complete as to motors and wheels The Finished Goods account has the following Information: The finished goods inventory at January 1, 2019 had a balance of 2,000 robots at a cost of $140,000 and on December 31, 2019 had an ending balance of 3,000 robots. The selling price of the robot is $70.00. Selling and Administrative Costs totaled $100,000; tax rate is 35% 11 Page *Overhead Rute for a 100,000 Robots COO Master Wheels W 160.000 = $05 * Total to account for * Schedule - Whole Plastic Motor wo Bego SC 93.000 83000 17.000 17000 100,000 100,000 63.000 45 Plastic Cost Total $1,0 63,000 1200 T .000 93.000 320d 3.000 $3,000 87: 250 Ot NlLb per $10.63 L6 per Robot O Motor Cost Wheels COSE Total 830,000 Unit $5.00 1266.02 0 Total cc CC = 41,880 + 50,000 = $ 94, 890 Unita $ 1.05 & Total Cost per Robot DM = $10.63 D Motor = $18.07 ID Wbee = $ 602 = $35.77 DOCC=1.06 Conversion Total 9) COST OF PRODUCTION REPORT Direct Direct Direct Whole Material- Material- Material Unit Plastic parts Motors Wheels Beginning Inventory Units started 83,000 83,000 83,000 83,000 83,000 Completed Completed Transferred 83,000 out 17,000 17,000 0 0 4250 (17000 * 25%) Inventory Equivalent 100,000 83,000 83,000 87,250 units 1,063,000 1,245,000 830,000 Cost (100,000 (83,000 * (83,000 85,505 incurred * 10.63) 15) *2*5) 0.98 Cost per 10.63 155 (85,505 Eq. unit 4250) Cost of opening 0 0 0 0 inventory Cost of 882,290 1,245,000 830,000 81,340 started and (83,000) (83,000* (83,000 * (83,000 (83,000 * 3,038,630 completed 10.63) 15) *2*5) 0.98) Cost of transferred 3,038,630 out Cost of 180,710 4,165 closing (17,000* 0 0 (4,250 * 184,875 inventory 10.63) 0.98) Total conversion cost = Direct labor cost + Factory overhead applied = 41,880 + (4,250 0.50) = 85,505 3:51 Pat 106 10. 80710 el met 124615 Calder on laut La / i Therefore ending til nited Code RRUT U 30 x 3652 25 36 MB 10966. Cot_4_Gade Sale Sold e) 3 Rebate Sald 2400 W Scanned with CamScanner Puma - G - et-3 2 1127201 ON 4022 (+) totul Cost a incasa 20 A 3o y Sock Long 1994 184 3935686 Cost (d) unde noget om les mes H V Ha Jason therefore Ending P with FRUT finished Candle Utos 33M2 C .16 25 36 CM 109596 30 Cor De o ade Sold sold 20 ned with CamScanner Pue - Plak 1053 e 1-3 2S C Cente Oud LEN 3649820 ( Cost A 200 Ahd Sack 34956&. Com Ads Sald dou unders treg und A no Oslo, . (text ) - 2284311 Thcom um lagt , nom mange 523 5222432 2301 - Mt 35. 0332 uld was to Amudhat . A d be the county Auto The Scanner ST Part Two Instructions d on the womtion provided in the next section, complete the following Using a sprea requirements 1. Determine the predetermined overhead rate. 2 Duterte total number of robot wount for w domowe Equivalent Unte Start/Completed Transferred Out 5. Det the cost for men and the cost for each motor 6. Determine the total cost for the wheels and the unit cost for the wheels for the robot 7. Determine the conversion cost and the conversion cost per rabat & Determine the equivalent cost per robot. 9. Prepare a cost of production report. This report should show costr e tto war Process and the cost transferred to the Good Thi n g 30. Determine the amounts for the following a) Ending Work in Proces o ry in Units AND Dollars b Ending Finished Goods inventory is Units AND Dollars Cost of Goods Sold di Over/Under Aplied Manufacturing Overhead e) Gross Mar Income from Operations Net Income Il Prepare the necessary Journal Entries related to the manufacturing yde for this accounting period. Prepare journal entries for the accounting produse the account numbers in the chart of accounts, be a d of the counts when the metres ACCOUNTING SOCIETY Manufacturing Process Information Mr. Roberts, the CEO of Robust Robots, Inc. has begun a small manufacturing process that will manufacture simple functioning robots and then sell the robots to merchandising companies. The manufacturing process starts with plastic being formed into parts through injection molding. After the parts are cooled and inspected the parts are assembled. The first step is attaching the dome to the body, attach the legs, then insert the motor and fasten the wheels. Once completed the robots are then transferred to finished goods. This is a process cost system and the company elects to use the FIFO method of accounting for product costs. Direct material-plastic is added 100% at the beginning of the process for all parts. Direct material motors and wheels are added 100% as the last step in the manufacturing process. At the beginning of the accounting period, Mr. Roberts estimates that production will be 100,000 robots during the year. Estimated factory overhead is $50,000. This information is to be used to determine the application rate for the manufacturing overhead. Estimated and actual direct labor costs totaled $41,880. Actual factory overhead costs totaled $45,000 The following information is available concerning direct materials. Direct Materials-Plastic Pellets Beginning inventory O plastic pellets Purchase of plastic 100,000 pounds @ $10.63 a pound Each robot takes a pound of plastic pellets. O motors Direct Material Motors Beginning inventory Purchase of motors Each robot contains one motor. 100,000 motors @ $15.00 each Direct Materials-Wheels Beginning inventory Purchase of wheels Each robot needs 2 wheels O wheels 200,000 wheels @ $5.00 each The Work-in-Process account has the following information: Ending work in process inventory has 17,000 units that are 100% complete as to plastic parts, 25% complete as to conversion costs and 0% complete as to motors and wheels The Finished Goods account has the following Information: The finished goods inventory at January 1, 2019 had a balance of 2,000 robots at a cost of $140,000 and on December 31, 2019 had an ending balance of 3,000 robots. The selling price of the robot is $70.00. Selling and Administrative Costs totaled $100,000; tax rate is 35% 11 Page *Overhead Rute for a 100,000 Robots COO Master Wheels W 160.000 = $05 * Total to account for * Schedule - Whole Plastic Motor wo Bego SC 93.000 83000 17.000 17000 100,000 100,000 63.000 45 Plastic Cost Total $1,0 63,000 1200 T .000 93.000 320d 3.000 $3,000 87: 250 Ot NlLb per $10.63 L6 per Robot O Motor Cost Wheels COSE Total 830,000 Unit $5.00 1266.02 0 Total cc CC = 41,880 + 50,000 = $ 94, 890 Unita $ 1.05 & Total Cost per Robot DM = $10.63 D Motor = $18.07 ID Wbee = $ 602 = $35.77 DOCC=1.06 Conversion Total 9) COST OF PRODUCTION REPORT Direct Direct Direct Whole Material- Material- Material Unit Plastic parts Motors Wheels Beginning Inventory Units started 83,000 83,000 83,000 83,000 83,000 Completed Completed Transferred 83,000 out 17,000 17,000 0 0 4250 (17000 * 25%) Inventory Equivalent 100,000 83,000 83,000 87,250 units 1,063,000 1,245,000 830,000 Cost (100,000 (83,000 * (83,000 85,505 incurred * 10.63) 15) *2*5) 0.98 Cost per 10.63 155 (85,505 Eq. unit 4250) Cost of opening 0 0 0 0 inventory Cost of 882,290 1,245,000 830,000 81,340 started and (83,000) (83,000* (83,000 * (83,000 (83,000 * 3,038,630 completed 10.63) 15) *2*5) 0.98) Cost of transferred 3,038,630 out Cost of 180,710 4,165 closing (17,000* 0 0 (4,250 * 184,875 inventory 10.63) 0.98) Total conversion cost = Direct labor cost + Factory overhead applied = 41,880 + (4,250 0.50) = 85,505 3:51 Pat 106 10. 80710 el met 124615 Calder on laut La / i Therefore ending til nited Code RRUT U 30 x 3652 25 36 MB 10966. Cot_4_Gade Sale Sold e) 3 Rebate Sald 2400 W Scanned with CamScanner Puma - G - et-3 2 1127201 ON 4022 (+) totul Cost a incasa 20 A 3o y Sock Long 1994 184 3935686 Cost (d) unde noget om les mes H V Ha Jason therefore Ending P with FRUT finished Candle Utos 33M2 C .16 25 36 CM 109596 30 Cor De o ade Sold sold 20 ned with CamScanner Pue - Plak 1053 e 1-3 2S C Cente Oud LEN 3649820 ( Cost A 200 Ahd Sack 34956&. Com Ads Sald dou unders treg und A no Oslo, . (text ) - 2284311 Thcom um lagt , nom mange 523 5222432 2301 - Mt 35. 0332 uld was to Amudhat . A d be the county Auto The Scanner