Assume the following: Purchases of raw materials $ 38,000 Beginning raw materials inventory $ 10,000 Ending raw materials inventory $ 14,000 Direct materials used in production $ 29,600 What was the amount of indirect materials used in production?
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Assume the following:
| Purchases of raw materials | $ 38,000 |
|---|---|
| Beginning raw materials inventory | $ 10,000 |
| Ending raw materials inventory | $ 14,000 |
| Direct materials used in production | $ 29,600 |
What was the amount of indirect materials used in production?
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- Assume the following: Purchases of raw materials $ 38,000 Indirect materials used in production $ 6,000 Beginning raw materials inventory $ 10,000 Ending raw materials inventory $ 14,000 What is the direct materials used in production?Assume the following: Purchases of raw materials $ 38,000 Beginning raw materials inventory $ 10,000 Ending raw materials inventory $ 14,000 Direct materials used in production $ 29,000 What was the amount of indirect materials used in production?Assume the following information from a schedule of cost of goods manufactured: Beginning work in process inventory $ 30,000 Total manufacturing costs added to production $ 200,000 Ending work in process inventory $ 44,000 What is the cost of goods manufactured?
- Calculate the cost of goods manufactured if total manufacturing costs were $15,786, beginning work in process was $23,426 and ending work in process was $1,143. Beginning Work in Process was $11,209; Total Manufacturing Costs was $52,110; Beginning Raw Materials Inventory was $18,007; And the Cost of Goods Manufactured was $38,605. What would be the amount in Ending Work in Process? What are total manufacturing costs if direct labor was $18,511, direct material was $51,897, manufacturing overhead was $35,727 and selling expenses were $6,500?Compute cost of goods manufactured and cost of goods sold from the following amounts, using the equation method. Beginning of Year $22,000 38,000 18,000 End of Year Direct materials inventory Work in process inventory Finished goods inventory Purchases of direct materials $26,000 30,000 23,000 75,000 82,000 Direct labour Manufacturing overhead 39,0003) Calculate the Cost of Raw Materials Used using the below info: RM Beginning Inventory $ 50,000 RM Purchased $ 75,000 RM Available for Use ? RM Ending Inventory $ 25,000 Cost of Raw Materials Used ? 4) Using the Cost of Materials Used from Problem #3, calculate the Cost of Goods Manufactured: Raw Materials ? Direct Labor $ 75,000 MOH Applied $ 125,000 Cost of Goods Manufactured ?
- Given the following data: Beginning raw materials inventory $30,000 Materials purchased 65,000 Ending raw materials inventory 40,000 What is the amount of raw materials used? a.$75,000 b.$55,000 c.$5,000 d.$30,000Barton Company has beginning work in process inventory of $144,000 and total manufacturing costs of $686,000. If cost of goods manufactured is $640,000, what is the cost of the encding work in process inventory? Select one: a. $198,000 b. $190,000 c. $210,000 d. $170,000Compute conversion costs given the following data: direct materials, $351,100; direct labor, $207,700; factory overhead, $175,200 and selling expenses, $35,500. a.$139,700 b.$526,300 c.$734,000 d.$382,900
- Compute conversion costs given the following data: direct materials, $351,300; direct labor, $207,800; factory overhead, $189,700 and selling expenses, $46,300. a. $748,800 b. $143,400 c. $541,000 d. $397,500Compute conversion costs given the following data: direct materials, $363,200; direct labor, $204,600; factory overhead, $192,100 and selling expenses, $39,100. a. $555,300 b. $759,900 O c. $153,000 od. $396,7008. complete the following table to determine what are the total costs to account for if a company’s beginning inventory had $231,432 in materials, $186,450 in conversion costs, and added direct material costs ($4,231,392), direct labor ($2,313,392), and manufacturing overhead ($1,156,696)? PLEASE NOTE: All dollar amounts are rounded to whole dollars and shown with "$" and commas as needed (i.e. $12,345). If no dollar amount is needed for that space, please enter "$0" with no quotation marks. Material Costs Conversion Costs Total Costs Beginning work in process ? ? x Added: ? ? x Direct materials ? ? x Direct labor ? ? x Manufacturing overhead ? ? x Total Costs ? ? ?