{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-28T06:30:19-04:00", "answer_date": "2024-06-28 06:30:19", "is_docs_available": null, "is_excel_available": null, "is_pdf_available": null, "count_file_available": 0, "main_page": "student_question_view", "question_id": "4253004", "url": "\/study-help\/questions\/please-answer-all-parts-with-detailed-calculations-and-good-formatting-4253004", "question_creation_date_js": "2024-06-28T06:30:19-04:00", "question_creation_date": "Jun 28, 2024 06:30 AM", "meta_title": "[Solved] Please answer all parts with detailed cal | SolutionInn", "meta_description": "Answer of - Please answer all parts with detailed calculations and good formatting and make sure the answer is 100% correct, else | SolutionInn", "meta_keywords": "answer,parts,detailed,calculations,good,formatting,make,100%,correct,leave,tutor,will", "question_title_h1": "Please answer all parts with detailed calculations and good formatting and make sure the answer is 100% correct, else leave it for the other tutor", "question_title": "Please answer all parts with detailed calculations and good formatting and make", "question_title_for_js_snippet": "Please answer all parts with detailed calculations and good formatting and make sure the answer is 100 correct, else leave it for the other tutor to answer Otherwise i will downvote the answer and report it for unprofessionalism for sure Please don't use AI or Chat GPT also make sure there is no plagiari sm Classic Sound is a startup company that produces vinyl records for numerous record labels worldwide The company has two fulltime employees working in the production department while the CEO splits her time 80 20 between developing new business and overseeing the production process Information taken from the accounting records for the rst three months of operations is shown below Beginning raw materials inventory $ 0 Purchases of raw materials 56,500 Ending raw materials inventory 28,250 Direct labour 45,850 Manufacturing overhead 34,550 Beginning work in process inventory 0 Ending work in process inventory 6,300 Purchase of production equipment 165,000 Rent for production facility 10,950 Required 1 Prepare a schedule of cost of goods manufactured for the company for the month (Do not leave any empty spaces input a 0 wherever it is required ) Direct materials Raw materials used in production Total manufacturing costs Cost of goods manufactured 2 What types of expenses are likely included in the total manufacturing overhead cost of $34,550 incurred for the first three months of operation (You may select more than one answer Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer Any boxes left with a question mark will be automatically graded as incorrect ) D Selling expense El Administrative expense I Ending work in process inventory D Rent for the production facility I Depreciation on the production equipment I Insurance on the production equipment El Indirect materials used in producing records I Indirect labour related to the CEO's supervision of the production process (20 of her time) D Indirect labour related to production facility repair, maintenance, and security", "question_description": "

Please answer all parts with detailed calculations and good formatting and make sure the answer is 100% correct, else leave it for the other tutor to answer. Otherwise i will downvote the answer and report it for unprofessionalism for sure. Please don't use AI or Chat GPT also make sure there is no plagiari.sm. <\/strong><\/p>

\"image\"image\"image<\/div><\/div><\/div><\/figure> Classic Sound is a startup company that produces vinyl records for numerous record labels worldwide. The company has two fulltime employees working in the production department while the CEO splits her time 80\/20% between developing new business and overseeing the production process. Information taken from the accounting records for the rst three months of operations is shown below. Beginning raw materials inventory $ 0 Purchases of raw materials 56,500 Ending raw materials inventory 28,250 Direct labour 45,850 Manufacturing overhead 34,550 Beginning work in process inventory 0 Ending work in process inventory 6,300 Purchase of production equipment 165,000 Rent for production facility 10,950 Required: 1. Prepare a schedule of cost of goods manufactured for the company for the month. (Do not leave any empty spaces; input a 0 wherever it is required.) Direct materials: Raw materials used in production Total manufacturing costs Cost of goods manufactured 2. What types of expenses are likely included in the total manufacturing overhead cost of $34,550 incurred for the first three months of operation? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) D Selling expense El Administrative expense I: Ending work in process inventory D Rent for the production facility I: Depreciation on the production equipment I: Insurance on the production equipment El Indirect materials used in producing records I: Indirect labour related to the CEO's supervision of the production process (20% of her time). D Indirect labour related to production facility repair, maintenance, and security", "transcribed_text": "", "related_book": { "title": "Elementary Statistics", "isbn": "0321836960, 978-0321836960", "edition": "12th Edition", "authors": "Mario F. Triola", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/450.jpg", "uri": "\/textbooks\/elementary-statistics-12th-edition-450", "see_more_uri": "" }, "free_related_book": { "isbn": "0992781728", "uri": "\/textbooks\/the-secrets-of-buy-to-let-success-1st-edition-978-0992781729-276617", "name": "The Secrets Of Buy To Let Success", "edition": "1st Edition" }, "question_posted": "2024-06-28 06:30:19", "see_more_questions_link": "\/study-help\/questions\/business-banking-2021-September-12", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/identity-theft-existed-before-the-advent-of-the-internet-however", "description": "Identity theft existed before the advent of the Internet. However, increased identity theft is one of the unintended, undesirable results of using the Internet. 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