Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Exercise 19-09 An incomplete cost of goods manufactured schedule is presented below. Complete the cost of goods manufactured schedule for Oriole Company. ORIOLE COMPANY Cost

image text in transcribedimage text in transcribed

Exercise 19-09 An incomplete cost of goods manufactured schedule is presented below. Complete the cost of goods manufactured schedule for Oriole Company. ORIOLE COMPANY Cost of Goods Manufactured Schedule $216,760 Work in process (1/1) Direct materials Raw materials inventory (1/1) Add: Raw materials purchases 166,570 Total raw materials available for use 23,000 Less: Raw materials inventory (12/31) Direct materials used $189,830 Direct labor Manufacturing overhead Indirect labor Factory depreciation Factory utilities Total overhead 18,230 42,950 69,390 130,570 Total manufacturing costs Total cost of work in process Less: Work in process (12/31) Cost of goods manufactured 84,370 $541,050 Click if you would like to Show Work for this question: Open Show Work

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored 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

Economics Private And Public Choice

Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson

17th Edition

0357133994, 9780357133996

More Books

Students also viewed these Accounting questions

Question

Date decision to be made (if known)

Answered: 1 week ago

Question

9. How are they similar to you? (specifically)

Answered: 1 week ago

Question

13. What are their tastes? (refined, middle class, or subsistence)

Answered: 1 week ago