Frame Pro manufactures picture frames. Suppose the company's January records include the items described below. (Click the icon to view the items.) What is Frame Pro's total manufacturing overhead cost in January? Frame Pro Computation of Total Manufacturing Overhead Manufacturing overhead Total manufacturing overhead milar to) manufactures picture frames. Suppose the company's January records include the items described below. e icon to view the items.) Pro's total manufacturing over Data Table - X Frame Pro utation of Total Manufacturing O ring overhead: Oil for manufacturing equipment... $ 55 Wood for frames.... $ 46,000 Company president's salary.. $ 24,000 Interest expense.. $ 2,300 Plant supervisor's salary $ 3,100 Depreciation expense on company cars used by sales force $ 4,000 Plant janitor's salary.. $ 1,200 Plant depreciation expense $ 6,500 anufacturing overhead Glue for picture frames. 150 Homework: Chapter 2 HW Score: 0 of 2 pts E2-26A (similar to) 2 of 7 (0 complete) Save HW Score: 0%, 0 of 10 pts Question Help Compute the Cost of Goods Manufactured and Cost of Goods Sold for East Aquatic Company for the most recent year using the amounts described next. Assume that Raw Materials Inventory contains only direct materials. (Click the icon to view the data.) Start the calculation for cost of goods manufactured by calculating the direct materials used. East Aquatic Company Calculation of Direct Materials Used For Current Year Plus Less: Direct materials used of Goods Manufactured and Cost of Goods Sold for East Aquatic Company for the most recent year using the amounts described next. Assume that Raw Ma only direct materials. to vier Data Table on for d - X Beginning of Year End of Year Raw materials inventory...... $ 23,000 $ 30,000 Insurance on plant End of Year $ 8,500 Work in process inventory $ 44,000 $ 34,000 Depreciation-plant building and equipment $ 13,200 Finished goods inventory 22,000 $ 25,000 Repairs and maintenance-plant... $ 3,800 Purchases of direct materials $ 74,000 Marketing expenses $ 81,000 Direct labor $ 85,000 General and administrative expenses $ 23,500 Indirect labor $ 40,000 used Print Done my list or enter any number in the input fields and then click Check Answer. Homework: Chapter 2 HW Score: 0 of 2 pts E2-27A (similar to) 3 of 7 10 complete) Save HW Score: 0%, 0 of 10 pts Question Help Prepare the income statement for Quality Aquatic Company for the most recent year. Use the calculation of cost of goods sold, cost of goods manufactured, and the amounts below. Assume that the company sold 38,000 units of its product at a price of $11 each during the year (Click the icon to view the amounts (Click the icon to view the calculation of cost of goods manufactured) (Click the icon to view the calculation of cost of goods sold) Quality Aquatic Company Income Statement For Current Year Lese Less Choose from any list or enter any number in the input fields and then click Check Answer All parts showing Check Answer Clear A A (similar to) Question Help w the income statement for Quality Aquatic Company for the most recent year. Use the calculation of cost of goods sold, cost of goods manufactured, and the amounts below. that the company sold 38,000 units of its product at a price of $11 each during the year. ick the icon to vie Table icon to vie Data Table ck the icon to vie Beginning of Year End of Year End of Year Raw materials inventory. Work in process inventory ... $ 29,000 $ 30,000 Insurance on plant $ 9,500 $ Finished goods inventory $ Purchases of direct materials 43,000 $ 32,000 Depreciation-plant building and equipment 16,000 $ 28,000 Repairs and maintenance-plant... $ 74,000 Marketing expenses $ 13,100 $ 3,900 $ 77,000 Direct labor $ 82,000 General and administrative expenses $ 25,500 Indirect labor $ 38,000 Print Done Clear All Check Answer rom any list or enter any number in the input fields and then click Check Answer. showing statement for Quality Aqua mpany sold 38,000 units of vio vie Data Table viel Reference Quality Aquatic Industries Calculation of Cost of Goods Manufactured Raw materials in Work in process Finished goods Purchases of din Direct labor Indirect labor For Current Year Beginning work in process inventory Plus: Manufacturing costs incurred Direct materials used Direct labor Manufacturing overhead Total manufacturing costs to account for Less: Ending work in process inventory Cost of goods manufactured (CGM) r enter any number in Print Done Clear All ods manufactured, and the amounts below. End of Year $ 43,000 $ 9,500 $ 13,100 73,000 $ 3,900 82,000 $ 77,000 64,500 $ 25,500 262,500 32,000 $ 230,500 Check Answer con to vie Quality Aquatic Manufacturing Calculation of Cost of Goods Sold For Current Year Raw mater Work in pr Finished g Purchases Direct labo Indirect lab Beginning finished goods inventory Plus: Cost of goods manufactured Cost of goods available for sale Less: Ending finished goods inventory Cost of goods sold End of Year 9,500 55 $ 16,000 $ 13,100 230,500 $ 3,900 246,500 $ 77,000 28,000 $ 25,500 218,500