The following account balances at the beginning of January were selected from the general ledger of Fresh Bagel Manufacturing Company Work in process inventory $0 Raw materials wentory 528500 Finished goods inwertory $40.00 More info Click the icon to view addition) What is the cost of goods manufactured for January Additional data 1. Actual manufacturing overhead for January amounted 2.800 2. Total direct labor cool for January was 63.000 OA 5241.640 3. The predetermined manufacturing overdrado de labor cost O 52013 The budget for the year called for 8000 of decor and 22.000 mantecuring what OC.200.000 The only obed on January 315 ore changes were $15.000 There were 2 The Mazzanti Wholesale Food Company's fiscal year-end is June 30. The company issues quarterly financial statements requiring the company to prepare adjusting entries at the end of each quarter. Assume all quarterly adjusting entries were properly recorded oints 1. On December 1, 2020, the company paid its annual fire insurance premium of $2,800 for the year beginning December 1 and 2. On August 31, 2020, the company borrowed 542,500 from a local bank. The note requires principal and interest at 8% to be paid 3. Mazzanti owns a warehouse that it rents to another company. On January 1, 2021, Mazzanti collected $17.600 representing rent for the 2021 calendar year and credited deferred rent revenue. 4. Depreciation on the office building is $13,200 for the fiscal year. 5. Employee salaries for the month of June 2021 $14,000 will be paid on July 20, 2021. Book Hint Prepare the necessary year-end adjusting entries at the end of June 30, 2021, for the above situations. (If no entry is required for transaction/event, select "No journal entry required" in the first account field.) View transaction list The following account balances at the beginning of January were selected from the general ledger of Fresh Bagel Manufacturing Company Work in process inventory $0 Raw materials wentory 528500 Finished goods inwertory $40.00 More info Click the icon to view addition) What is the cost of goods manufactured for January Additional data 1. Actual manufacturing overhead for January amounted 2.800 2. Total direct labor cool for January was 63.000 OA 5241.640 3. The predetermined manufacturing overdrado de labor cost O 52013 The budget for the year called for 8000 of decor and 22.000 mantecuring what OC.200.000 The only obed on January 315 ore changes were $15.000 There were 2 The Mazzanti Wholesale Food Company's fiscal year-end is June 30. The company issues quarterly financial statements requiring the company to prepare adjusting entries at the end of each quarter. Assume all quarterly adjusting entries were properly recorded oints 1. On December 1, 2020, the company paid its annual fire insurance premium of $2,800 for the year beginning December 1 and 2. On August 31, 2020, the company borrowed 542,500 from a local bank. The note requires principal and interest at 8% to be paid 3. Mazzanti owns a warehouse that it rents to another company. On January 1, 2021, Mazzanti collected $17.600 representing rent for the 2021 calendar year and credited deferred rent revenue. 4. Depreciation on the office building is $13,200 for the fiscal year. 5. Employee salaries for the month of June 2021 $14,000 will be paid on July 20, 2021. Book Hint Prepare the necessary year-end adjusting entries at the end of June 30, 2021, for the above situations. (If no entry is required for transaction/event, select "No journal entry required" in the first account field.) View transaction list
