Question

In: Accounting

Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Sandusky Manufacturing Company...

Statement of Cost of Goods Manufactured for a Manufacturing Company

Cost data for Sandusky Manufacturing Company for the month ended January 31 are as follows:

Inventories January 1 January 31
Materials $131,500 $117,040
Work in process 88,110 78,420
Finished goods 67,070 78,420
Direct labor $236,700
Materials purchased during January 252,480
Factory overhead incurred during January:
Indirect labor 25,250
Machinery depreciation 15,250
Heat, light, and power 5,260
Supplies 4,210
Property taxes 3,680
Miscellaneous costs 6,840

a. Prepare a cost of goods manufactured statement for January.

Sandusky Manufacturing Company
Statement of Cost of Goods Manufactured
For the Month Ended January 31
$fill in the blank ffeb67fa4028f81_2
Direct materials:
$fill in the blank ffeb67fa4028f81_4
fill in the blank ffeb67fa4028f81_6
$fill in the blank ffeb67fa4028f81_8
fill in the blank ffeb67fa4028f81_10
$fill in the blank ffeb67fa4028f81_12
fill in the blank ffeb67fa4028f81_14
Factory overhead:
$fill in the blank ffeb67fa4028f81_16
fill in the blank ffeb67fa4028f81_18
fill in the blank ffeb67fa4028f81_20
fill in the blank ffeb67fa4028f81_22
fill in the blank ffeb67fa4028f81_24
fill in the blank ffeb67fa4028f81_26
Total factory overhead fill in the blank ffeb67fa4028f81_27
Total manufacturing costs incurred during January fill in the blank ffeb67fa4028f81_28
Total manufacturing costs $fill in the blank ffeb67fa4028f81_29
fill in the blank ffeb67fa4028f81_31
Cost of goods manufactured fill in the blank

b. Determine the cost of goods sold for January.

Solutions

Expert Solution

ekkarill92 answered 2 years ago
Next > < Previous

Related Solutions

Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Sandusky Manufacturing Company...
Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Sandusky Manufacturing Company for the month ended January 31 are as follows: Inventories January 1 January 31 Materials $210,250 $182,920 Work in process 138,770 120,730 Finished goods 109,330 124,390 Direct labor $378,450 Materials purchased during January 403,680 Factory overhead incurred during January: Indirect labor 40,370 Machinery depreciation 24,390 Heat, light, and power 8,410 Supplies 6,730 Property taxes 5,890 Miscellaneous costs 10,930. b. Determine the cost of goods...
Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Sandusky Manufacturing Company...
Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Sandusky Manufacturing Company for the month ended January 31 are as follows: Inventories January 1 January 31 Materials $159,750 $135,790 Work in process 105,440 89,620 Finished goods 83,070 90,980 Direct labor $287,550 Materials purchased during January 306,720 Factory overhead incurred during January: Indirect labor 30,670 Machinery depreciation 18,530 Heat, light, and power 6,390 Supplies 5,110 Property taxes 4,470 Miscellaneous costs 8,310
Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Sandusky Manufacturing Company...
Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Sandusky Manufacturing Company for the month ended January 31 are as follows: Inventories January 1 January 31 Materials $233,750 $203,360 Work in process 154,280 134,220 Finished goods 121,550 138,280 Direct labor $420,750 Materials purchased during January 448,800 Factory overhead incurred during January: Indirect labor 44,880 Machinery depreciation 27,120 Heat, light, and power 9,350 Supplies 7,480 Property taxes 6,550 Miscellaneous costs 12,160 a. Prepare a cost of goods...
Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Sandusky Manufacturing Company...
Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Sandusky Manufacturing Company for the month ended January 31 are as follows: Inventories January 1 January 31 Materials $231,500 $201,410 Work in process 155,110 134,940 Finished goods 120,380 136,960 Direct labor $416,700 Materials purchased during January 444,480 Factory overhead incurred during January: Indirect labor 44,450 Machinery depreciation 26,850 Heat, light, and power 9,260 Supplies 7,410 Property taxes 6,480 Miscellaneous costs 12,040 a. Prepare a cost of goods...
Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Sandusky Manufacturing Company...
Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Sandusky Manufacturing Company for the month ended January 31 are as follows: Inventories January 1 January 31 Materials $208,750 $187,880 Work in process 139,860 125,880 Finished goods 108,550 127,760 Direct labor $375,750 Materials purchased during January 400,800 Factory overhead incurred during January: Indirect labor 40,080 Machinery depreciation 24,220 Heat, light, and power 8,350 Supplies 6,680 Property taxes 5,850 Miscellaneous costs 10,860 a. Prepare a cost of goods...
Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Disksan Manufacturing Company...
Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Disksan Manufacturing Company for the month ended January 31 are as follows: Inventories January 1 January 31 Materials $153,000 $134,640 Work in process 105,570 92,900 Finished goods 78,030 91,560 Direct labor $275,400 Materials purchased during January 293,760 Factory overhead incurred during January: Indirect labor 29,380 Machinery depreciation 17,750 Heat, light, and power 6,120 Supplies 4,900 Property taxes 4,280 Miscellaneous costs 7,960 a. Prepare a cost of goods...
Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Johnstone Manufacturing Company...
Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Johnstone Manufacturing Company for the month ended March 31 are as follows: InventoriesMarch 1March 31 Materials$149,750 $130,280 Work in process103,330 89,890 Finished goods77,870 88,590 Direct labor$269,550 Materials purchased during March287,520 Factory overhead incurred during March: Indirect labor28,750 Machinery depreciation17,370 Heat, light, and power5,990 Supplies4,790 Property taxes4,190 Miscellaneous costs7,790 a. Prepare a cost of goods manufactured statement for March. Johnstone Manufacturing Company Statement of Cost of Goods Manufactured...
Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Disksan Manufacturing Company...
Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Disksan Manufacturing Company for the month ended January 31 are as follows: Inventories January 1 January 31 Materials $217,500 $195,750 Work in process 143,550 129,200 Finished goods 110,930 133,110 Direct labor $391,500 Materials purchased during January 417,600 Factory overhead incurred during January: Indirect labor 41,760 Machinery depreciation 25,230 Heat, light, and power 8,700 Supplies 6,960 Property taxes 6,090 Miscellaneous costs 11,310 a. Prepare a cost of goods...
Statement of cost of goods manufactured for a manufacturing company Cost data for Johnstone Manufacturing Company...
Statement of cost of goods manufactured for a manufacturing company Cost data for Johnstone Manufacturing Company for the month ended March 31 are as follows: Inventories March 1 March 31 Materials $189,600 $174,340 Work in process 393,550 460,820 Finished goods 529,260 556,070 Direct labor $3,160,000 Materials purchased during March 2,407,190 Factory overhead incurred during March: Indirect labor 288,910 Machinery depreciation 189,600 Heat, light, and power 158,000 Supplies 31,510 Property taxes 27,080 Miscellaneous costs 41,260 This information has been collected in...
Statement of cost of goods manufactured for a manufacturing company Cost data for Johnstone Manufacturing Company...
Statement of cost of goods manufactured for a manufacturing company Cost data for Johnstone Manufacturing Company for the month ended March 31 are as follows: Inventories March 1 March 31 Materials $180,000 $165,510 Work in process 373,630 437,480 Finished goods 502,460 527,900 Direct labor $3,000,000 Materials purchased during March 2,285,310 Factory overhead incurred during March: Indirect labor 274,280 Machinery depreciation 180,000 Heat, light, and power 150,000 Supplies 29,910 Property taxes 25,710 Miscellaneous costs 39,170 This information has been collected in...
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT