question 16-5

Salaries of factory security guards. Salaries of office workers in the credit department. Depreciation on the raw materials warehouse. Income taxes on a portable manufacturing company. The following information was taken from the accounting records of Reliable Tool Corporation: Overhead is assigned to production at $300,000. Compute the amount of the work in process inventory on hand at year-end. The accounting records of NuTronics, Inc., include the following information for the year ended December 31, 2011. Overhead is assigned to production at $192,000. Prepare a schedule of the cost of finished goods manufactured. (Not all of the data given above are used in this schedule.) Assume that the company manufactures a single product and that 20,000 units were completed during the year. What is the average per-unit cost of manufacturing this product? The Bags and Luggage Company had the following account balances as of January 1: During the month of January, all of the following occurred: Direct labor costs were $42,000 for 1, 800 hours worked. Direct materials costing $35, 750 and indirect materials costing $3, 500 were purchased. Sales commissions of $16, 500 were earned by the sales force. $26,000 worth of direct materials were used in production. Advertising costs of $6, 300 were incurred. Factory supervisors earned salaries of $12,000. Indirect labor costs for the month were $3,000. Monthly depreciation on factory equipment was $4, 500. Salaries of factory security guards. Salaries of office workers in the credit department. Depreciation on the raw materials warehouse. Income taxes on a portable manufacturing company. The following information was taken from the accounting records of Reliable Tool Corporation: Overhead is assigned to production at $300,000. Compute the amount of the work in process inventory on hand at year-end. The accounting records of NuTronics, Inc., include the following information for the year ended December 31, 2011. Overhead is assigned to production at $192,000. Prepare a schedule of the cost of finished goods manufactured. (Not all of the data given above are used in this schedule.) Assume that the company manufactures a single product and that 20,000 units were completed during the year. What is the average per-unit cost of manufacturing this product? The Bags and Luggage Company had the following account balances as of January 1: During the month of January, all of the following occurred: Direct labor costs were $42,000 for 1, 800 hours worked. Direct materials costing $35, 750 and indirect materials costing $3, 500 were purchased. Sales commissions of $16, 500 were earned by the sales force. $26,000 worth of direct materials were used in production. Advertising costs of $6, 300 were incurred. Factory supervisors earned salaries of $12,000. Indirect labor costs for the month were $3,000. Monthly depreciation on factory equipment was $4, 500