X Question B (Actual Cost Accounting System Rebel Company (RC) produces elegant Golden Knight Bobbleheads using a sophisticated 3D printing manufacturing process. RC uses an actual costing system. The following information is provided for one year of operation Purchases of direct materials $ 350,000 Direct materials Inventory, January 1 $ 15,000 Direct materials inventory, December 31 $ 40,000 Direct labor dollars $ 725,000 Maintenance on factory equipment... $ 145,000 Depreciation, sales headquarters $ 30.000 Depreciation factory equipment $ 55,000 Property taxes on the factory $ 22,000 Property taxes on sales headquarters $16.000 Utilines, factory $ 128,000 Utilities ales headquarters $ 1.900 Ince on the factory $ 17.000 Salary supervisor $ 90,000 Salary: Administration $ 150 000 Work in process inventory, January 1 $25.000 Work in process inventory, December 31 $ 45,000 Finished goods inventory, January 1 $0 Fished goods Inventory, December 31 $500 Question a: Part 1 What is the value of direct materials transferred to Work in Process during the year? 285.000 3.300.000 $325.000 $340,000 $365.000 7 pts Question 8 Question B (Actual Cost Accounting System): Rebel Company RC) produces elegant Golden Knight Bobbleheads using a sophisticated 3D printing manufacturing process. RC uses an actual costing system. The following information is provided for one year of operation Purchases of direct materials $ 350,000 Direct materials inventory, January 1 $ 15,000 Direct materials inventory, December 31 $ 40,000 Direct labor dollars $725,000 Maintenance on factory equipment $ 145,000 Depreciation, sales headquarters. $ 30,000 Depreciation factory equipment $ 55,000 Property taxes on the factory $ 22,000 Property taxes on sales headquarters $16.000 Utilities, factory $128.000 Utilities sales headquarters $1,900 Insurance on the factory $ 17.000 Salary, sales supervisor $ 90,000 Salary. Administration $ 150.000 Work in process inventory, January $ 25,000 Work in process inventory, December 31 $ 45.000 Finished goods inventory, January 1 Finished to inventory. December 31 $500 $0 Question Part 2 What is the total Manufacturing Overhead (also called Factory Overhead for the year? 53431000 $350,000 3567.000 $14.000 $999.000 10 D Question 9 Question B (Actual Cost Accounting System Rebel Company (RC produces elegant Golden Knight Bobbleheads using a sophisticated 3D printing manufacturing process. RC uses an actual costing system. The following information is provided for one year of operation Purchases of direct materials $350,000 Direct materials inventory. January 1 $ 15,000 Direct materials inventory, December 31 $ 40,000 Direct labor dollars $725,000 Maintenance on factory equipment $ 145,000 Depreciation, sales headquarters $ 30,000 Depreciation, factory equipment $ 55,000 Property taxes on the factory $22.000 Property taxes on sales headquarters $ 16,000 Utilities factory $ 120,000 Utilities as headquarters $ 1.900 Insura ce on the factory $ 17,000 Salary supervisor $90.000 Salary: Admistration $ 150.000 Work in process inventory, January 1 $ 25.000 Work in process inventory, December 31 $ 45,000 Finished good inventory, January 1 $0 Finished goods entory, December 31 5 500 Question : Part 3 How much is Cost of Goods Manufactured for Rebel Company! O $1.250,000 51.396.500 $1355.000 $137.000 51450.000 10 pcs Question 10 X Question B (Actual Cost Accounting Systems Rebel Company (RC) produces elegant Golden Knight Bobbleheads using a sophisticated 3D printing manufacturing process, RC uses an actual costing system. The following information is provided for one year of operation Purchases of direct materials $ 350,000 Direct materials inventory, January 1 $15.000 Direct materials inventory. December 31 $ 40,000 Direct labor dollars $725,000 Maintenance on factory equipment $ 145,000 Depreciation, sales headquarters $30.000 Depreciation, factory equipment $ 55.000 Property taxes on the factory $ 22.000 Property taxes on sales headquarters $18,000 Utilities, factory $ 120.000 Utilities, sales headquarters $1,900 Insurance on the factory $ 17,000 Salary, sales supervisor $90,000 Salary, Administration $ 150,000 Work in process inventory, January 1 $ 25.000 Work in process inventory, December 31 $ 45,000 Finished goods inventory january 1 50 Finished goods inventory, December 31 $500 Question : Part 4 How much is Cost of Goods Sold for Rebel Coman! 51,300,500 51.347.500 $1.377.500 31.500 51414,500 spiti Question 11
