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need help 2. Information from The Crossroad Company is given below in $000s for this period: Sales $350 Selling and administrative costs 26 Purchases of
need help 2. Information from The Crossroad Company is given below in $000s for this period: Sales $350 Selling and administrative costs 26 Purchases of raw materials 9 Direct labor 11 Manufacturing overhead 105 Raw materials used (all direct cost) 11 Cost of goods manufactured 68 Beginning raw materials inventory 30 Beginning work-in-process inventory 103 Beginning finished goods inventory 90 Ending finished goods inventory 75 Required: Determine the following amounts in dollars: Ending Raw Materials assuming all Raw Materials costs are classified as direct cos b. Ending Work-in-Process Inventory Cost of Goods Sold a. c. 3. Tiger Company has identified the following overhead costs and cost drivers for next year: Overhead Item Setup costs Ordering costs Maintenance Power Expected Costs $583,200 270,000 928,000 90,000 Cost Driver Number of setups Number of orders Machine-hours Kilowatt-hours Maximum Quantity 2,400 20.000 32.000 200,000 The following are two of the jobs completed during the year: Job 201 Job 202 Direct materials $9,000 $10,000 Direct labor $12,000 7,000 Units completed 750 600 Direct labor-hours 45 110 Number of setups 6 7 Number of orders 8 15 Machine-hours 180 150 Kilowatt-hours 90 120 ho Determine the unit cost for each job using the four cost drivers. (Round amounts to 2 decimal places.)
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