Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

i just want the final answers ( if you can put it in external paper in tables like this photo to make it easy to

i just want the final answers ( if you can put it in external paper in tables like this photo to make it easy to read thanks ) image text in transcribed
image text in transcribed
image text in transcribed
(c) Williams Company is considering the purchase of a new automated assembly line for its factory. The purchase would result in several changes in Williams' cost tructure, leth direct labor and indirect labor would decrease by 40% Factory Insurance would increase to $8,400, machinery depreciation would double, machinery repairs vould decrease to $600, utilities would decrease to $2,400 and miscellaneous factory costs would increase to $2,000. Materials usage would remain at current levels Analyze the new purchase by preparing a cost of goods manufactured schedule for September 30, 2020 using the new data Williams Co. Cost of Goods Manufacturing Schedule For the Month Ended September 20, 2020 Work in Process 9/1/20 Direct Materials Raw Materials inventory 9/1/20 Add Raw Materials Purchase Total Raw Materials Available for Use Raw Materials inventory/10/20 Direct Materials Used Direct Labor Manufacturing Overhead Indirect Labor > Factory Insurance > Machine Depreciation > Factory Utilities Total Manufacturing Costs Total Cost of Work in Process V Less Work in Process 9/30/20 Cost of Goods Manufactured CALCULATOR PNINTENVER 10 BACK Challenge Exercise 1-2 a-b, c (Part Level Submission) An analysis of the accounts of Williams Company reveals the following manufacturing cost data for the month ended September 30, 2020, Inventories Beginning Ending Raw materials $12,200 $12,300 Work in process 6,800 5.500 Finished goods 9,700 12,200 Costs incurred: raw materials purchases 565,100, direct labor $46,600, manufacturing overhead $25,490. The specific overhead costs were Indirect labor 55.120, factory insurance $5,100, machinery depreciation $6,100, machinery repairs $2,800, factory utilities $3,800, miscellaneous factory costs $1,990. Assume that all raw materials used were direct materials

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

Quality And GMP Auditing Clear And Simple

Authors: James L. Vesper

1st Edition

0367400901, 978-0367400903

More Books

Students also viewed these Accounting questions