Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Do it! Review 14-3 The following information is available for Tomlin Company. April 1 April 30 Raw materials inventory$10,600$14,500Work in process inventory4,9803,300Materials purchased in April$97,900Direct

Do it! Review 14-3

The following information is available for Tomlin Company.

April 1

April 30

Raw materials inventory$10,600$14,500Work in process inventory4,9803,300Materials purchased in April$97,900Direct labor in April80,300Manufacturing overhead in April155,000

Prepare the cost of goods manufactured schedule for the month of April.

TOMLIN COMPANY

Cost of Goods Manufactured Schedule

For the Month Ended April 30April 30For the Quarter Ended April 30

Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedRaw Materials, April 1Raw Materials, April 30Raw Materials PurchasesTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Raw Materials Available for UseWork in process, April 1Work in process, April 30

$

Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedRaw Materials, April 1Raw Materials, April 30Raw Materials PurchasesTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Raw Materials Available for UseWork in process, April 1Work in process, April 30

Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedRaw Materials, April 1Raw Materials, April 30Raw Materials PurchasesTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Raw Materials Available for UseWork in process, April 1Work in process, April 30

$

Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedRaw Materials, April 1Raw Materials, April 30Raw Materials PurchasesTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Raw Materials Available for UseWork in process, April 1Work in process, April 30

Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedRaw Materials, April 1Raw Materials, April 30Raw Materials PurchasesTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Raw Materials Available for UseWork in process, April 1Work in process, April 30

AddLess

:

Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedRaw Materials, April 1Raw Materials, April 30Raw Materials PurchasesTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Raw Materials Available for UseWork in process, April 1Work in process, April 30

Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedRaw Materials, April 1Raw Materials, April 30Raw Materials PurchasesTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Raw Materials Available for UseWork in process, April 1Work in process, April 30

$

Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedRaw Materials, April 1Raw Materials, April 30Raw Materials PurchasesTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Raw Materials Available for UseWork in process, April 1Work in process, April 30

Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedManufacturing OverheadRaw Materials, April 1Raw Materials, April 30Raw Materials PurchasesTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Raw Materials Available for UseWork in process, April 1Work in process, April 30

Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedManufacturing OverheadRaw Materials, April 1Raw Materials, April 30Raw Materials PurchasesTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Raw Materials Available for UseWork in process, April 1Work in process, April 30

Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedManufacturing OverheadRaw Materials, April 1Raw Materials, April 30Raw Materials PurchasesTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Raw Materials Available for UseWork in process, April 1Work in process, April 30

AddLess

:

Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedManufacturing OverheadRaw Materials, April 1Raw Materials, April 30Raw Materials PurchasesTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Raw Materials Available for UseWork in process, April 1Work in process, April 30

Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedManufacturing OverheadRaw Materials, April 1Raw Materials, April 30Raw Materials PurchasesTotal Cost of Work in ProcessTotal Manufacturing CostsTotal Raw Materials Available for UseWork in process, April 1Work in process, April 30

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

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

Financial Accounting Tools for business decision making

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

6th Edition

978-1119191674, 047053477X, 111919167X, 978-0470534779

Students also viewed these Accounting questions

Question

How does the concept of hegemony relate to culture?

Answered: 1 week ago