please answer all. thank you
Problem 4 Sharp Enterprises Inventories: March 1 March 31 Raw material $18,000 $15,000 Work in process 9,000 6,000 Finished goods 27,000 36,000 Additional information for March: Raw material purchased $42,000 Direct labor payroll 30,000 Direct labor rate per hour 7.50 Overhead rate per direct labor hour 10.00 For March, prime cost incurred was Brandt Company manufactures wood file cabinets. The following information is available for June 2001: Beginning Ending Raw Material Inventory $ 6,000 $ 7,500 Work in Process Inventory 17,300 11,700 Finished Goods Inventory 21,000 16,300 Refer to Brandt Company. Direct labor is paid $9.60 per hour and overhead for the month was $9,600. If there were 1,500 direct labor hours and $21,000 of raw material purchased, how much is Cost of Goods Sold? Brandt Company manufactures wood file cabinets. The following information is available for June 2001: Beginning Ending Raw Material Inventory $ 6,000 $ 7,500 Work in Process Inventory 17,300 11,700 Finished Goods Inventory 21,000 16,300 Refer to Brandt Company. Direct labor is paid $9.60 per hour and overhead for the month was $9,600. What is prime costs if there were 1,500 direct labor hours and $21,000 of raw material was purchased? Brandt Company manufactures wood file cabinets. The following information is available for June 2001: Beginning Ending Raw Material Inventory $ 6,000 $ 7,500 Work in Process Inventory 17,300 11,700 Finished Goods Inventory 21,000 16,300 Refer to Brandt Company. Direct labor is $9.60 per hour and overhead for the month was $9,600. Compute total manufacturing costs for June, if there were 1,500 direct labor hours and $21,000 of raw material was purchased. Brandt Company manufactures wood file cabinets. The following information is available for June 2001: Beginning Ending Raw Material Inventory $ 6,000 $ 7,500 Work in Process Inventory 17,300 11,700 Finished Goods Inventory 21,000 16,300 Refer to Brandt Company. Direct labor is paid $9.60 per hour and overhead for the month was $9,600. If there were 1,500 direct labor hours and $21,000 of raw material purchased, Cost of Goods Manufactured is: Brandt Company manufactures wood file cabinets. The following information is available for June 2001: Beginning Ending Raw Material Inventory $ 6,000 $ 7,500 Work in Process Inventory 17,300 11,700 Finished Goods Inventory 21,000 16,300 Refer to Brandt Company. Direct labor is paid $9.60 per hour and overhead for the month was $9,600. What are conversions costs if there were 1,500 direct labor hours and $21,000 of raw material was purchased? Problem 6 Donna Company submits the following data for May 2013 Direct labor cost P80,000 Purchases P100,000 Factory overhead Applied at 150% of direct labor cost Inventories May 1 May 31 Finished goods P45,000 P24, 000 Work in Process P25, 800 P18, 000 Materials P22,000 P25,000 Actual factory overhead amounts to P80,000. How much is the amount transferred out from Work in process and transferred in to Finished Goods? Problem 6 Donna Company submits the following data for May 2013 Direct labor cost P80,000 Purchases P100,000 Factory overhead Applied at 150% of direct labor cost Inventories May 1 May 31 Finished goods P45,000 P24, 000 Work in Process P25, 800 P18, 000 Materials P22, 000 P25,000 Actual factory overhead amounts to P80,000. If there are 1,000 units produced during the month, how much is the cost per unit of product? Problem 6 Donna Company submits the following data for May 2013 Direct labor cost P80,000 Purchases P100,000 Factory overhead Applied at 150% of direct labor cost Inventories May 1 May 31 Finished goods P45,000 P24, 000 Work in Process P25, 800 P18, 000 Materials P22,000 P25,000 Actual factory overhead amounts to P80,000. How much is the adjustment posted on the Cost of Goods sold Account? just put the amount Problem 6 Donna Company submits the following data for May 2013 Direct labor cost P80,000 Purchases P100,000 Factory overhead Applied at 150% of direct labor cost Inventories May 1 May 31 Finished goods P45,000 P24, 000 Work in Process P25, 800 P18, 000 Materials P22,000 P25,000 Actual factory overhead amounts to P80,000. How much is the amount transferred out from Finished Goods? Problem 6 Donna Company submits the following data for May 2013 Direct labor cost P80,000 Purchases P100,000 Factory overhead Applied at 150% of direct labor cost Inventories May 1 May 31 Finished goods P45,000 P24, 000 Work in Process P25, 800 P18, 000 Materials P22,000 P25,000 Actual factory overhead amounts to P80,000. How much is the Company's Cost of goods sold adjusted assuming over or under applied is closed to COGS? Problem 6 Donna Company submits the following data for May 2013 Direct labor cost P80,000 Purchases P100,000 Factory overhead Applied at 150% of direct labor cost Inventories May 1 May 31 Finished goods P45,000 P24, 000 Work in Process P25, 800 P18, 000 Materials P22, 000 P25,000 Actual factory overhead amounts to P80,000. on the adjustment for the COGS, is it debit or credit? (write debit or credit)
