Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

this is all the information Martha Masranactures a single product and calculates and applies overhead to its work in process counts in the mounts. The

image text in transcribed
this is all the information
Martha Masranactures a single product and calculates and applies overhead to its work in process counts in the mounts. The following formation avaluable for the period ustedes Ramon 1/1 BADOO Work in process on t/1: $13.000 on 12/31 132.000 Fids on 1/1: 55.000 13/01 54.000 Also known Parthases of raw materials 40.000 Direct matted $31.000 Prime costs 554.000 Indirect material issued $12.000 Indirector 59.000 Factory insurance $2.300 Us 59,000 (1/3 is production, 2/3 toattive aces Depreciation $4.000 (1/2 relates to production 1/2 toadesivos Administrative are $10,000 Sales commissions Warranty costs 5900 Sales $121,000 Using the information for Marthalers Moccasinsven above answer the following questions 1. What is the ending balance of Raw Material 2. What amount will be charged for direct labor? 3. What is Cost of Goods Manufactured! 4 What is Cost of Good Sold? 3. What was operating income? Martha Masranactures a single product and calculates and applies overhead to its work in process counts in the mounts. The following formation avaluable for the period ustedes Ramon 1/1 BADOO Work in process on t/1: $13.000 on 12/31 132.000 Fids on 1/1: 55.000 13/01 54.000 Also known Parthases of raw materials 40.000 Direct matted $31.000 Prime costs 554.000 Indirect material issued $12.000 Indirector 59.000 Factory insurance $2.300 Us 59,000 (1/3 is production, 2/3 toattive aces Depreciation $4.000 (1/2 relates to production 1/2 toadesivos Administrative are $10,000 Sales commissions Warranty costs 5900 Sales $121,000 Using the information for Marthalers Moccasinsven above answer the following questions 1. What is the ending balance of Raw Material 2. What amount will be charged for direct labor? 3. What is Cost of Goods Manufactured! 4 What is Cost of Good Sold? 3. What was operating income

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Brinks Modern Internal Auditing A Common Body Of Knowledge

Authors: Robert R. Moeller

8th Edition

9781119016984

More Books

Students also viewed these Accounting questions

Question

Calculate the missing values

Answered: 1 week ago