Question
In: Accounting
work in progress on one one was $211,000 raw materials inventory is unknown raw material purchases...
work in progress on one one was $211,000 raw materials inventory is unknown raw material purchases is $159,000 Total raw materials available for use unknown, subtract raw materials inventory 12-31 is $22,100 direct materials used $181,000 direct labor is unknown, indirect labor 18100 Factory depreciation 36100 Factory utilities 68100 total overhead 122300 total manufacturing cost unknown, total cost a work-in-progress unknown, subtract work-in-progress 12-31 $81,100 cost of goods manufactured $541,000 please find all unknown information and provide cost of goods manufactured schedule
Solutions
ekkarill92 answered 1 year agoRelated Solutions
Marcelino Co.'s March 31 inventory of raw materials is $83,000.Raw materials purchases in April are...
Marcelino Co.'s March 31 inventory of raw materials is $83,000.
Raw materials purchases in April are $530,000, and factory payroll
cost in April is $385,000. Overhead costs incurred in April are:
indirect materials, $57,000; indirect labor, $24,000; factory rent,
$37,000; factory utilities, $20,000; and factory equipment
depreciation, $61,000. The predetermined overhead rate is 50% of
direct labor cost. Job 306 is sold for $665,000 cash in April.
Costs of the three jobs worked on in April follow.Job 306Job 307Job 308Balances...
Marcelino Co.'s March 31 inventory of raw materials is $83,000. Raw materials purchases in April are...
Marcelino Co.'s March 31 inventory of raw materials is $83,000.
Raw materials purchases in April are $530,000, and factory payroll
cost in April is $385,000. Overhead costs incurred in April are:
indirect materials, $57,000; indirect labor, $24,000; factory rent,
$37,000; factory utilities, $20,000; and factory equipment
depreciation, $61,000. The predetermined overhead rate is 50% of
direct labor cost. Job 306 is sold for $665,000 cash in April.
Costs of the three jobs worked on in April follow.
Job 306
Job...
Marcelino Co.'s March 31 inventory of raw materials is $89,000. Raw materials purchases in April are...
Marcelino Co.'s March 31 inventory of raw materials is $89,000.
Raw materials purchases in April are $560,000, and factory payroll
cost in April is $376,000. Overhead costs incurred in April are:
indirect materials, $51,000; indirect labor, $21,000; factory rent,
$39,000; factory utilities, $19,000; and factory equipment
depreciation, $57,000. The predetermined overhead rate is 50% of
direct labor cost. Job 306 is sold for $690,000 cash in April.
Costs of the three jobs worked on in April follow.
Job 306
Job...
Marcelino Co.'s March 31 inventory of raw materials is $90,000. Raw materials purchases in April are...
Marcelino Co.'s March 31 inventory of raw materials is $90,000.
Raw materials purchases in April are $530,000, and factory payroll
cost in April is $381,000. Overhead costs incurred in April are:
indirect materials, $53,000; indirect labor, $21,000; factory rent,
$30,000; factory utilities, $19,000; and factory equipment
depreciation, $56,000. The predetermined overhead rate is 50% of
direct labor cost. Job 306 is sold for $635,000 cash in April.
Costs of the three jobs worked on in April follow.
Job 306
Job...
Marcelino Co.'s March 31 inventory of raw materials is $84,000. Raw materials purchases in April are...
Marcelino Co.'s March 31 inventory of raw materials is $84,000.
Raw materials purchases in April are $520,000, and factory payroll
cost in April is $367,000. Overhead costs incurred in April are:
indirect materials, $58,000; indirect labor, $30,000; factory rent,
$37,000; factory utilities, $23,000; and factory equipment
depreciation, $55,000. The predetermined overhead rate is 50% of
direct labor cost. Job 306 is sold for $660,000 cash in April.
Costs of the three jobs worked on in April follow.
Job 306
Job...
Marcelino Co.'s March 31 inventory of raw materials is $88,000. Raw materials purchases in April are...
Marcelino Co.'s March 31 inventory of raw materials is $88,000.
Raw materials purchases in April are $600,000, and factory payroll
cost in April is $366,000. Overhead costs incurred in April are:
indirect materials, $57,000; indirect labor, $25,000; factory rent,
$34,000; factory utilities, $19,000; and factory equipment
depreciation, $58,000. The predetermined overhead rate is 50% of
direct labor cost. Job 306 is sold for $665,000 cash in April.
Costs of the three jobs worked on in April follow
Job 306
Job...
Marcelino Co.'s March 31 inventory of raw materials is $81,000. Raw materials purchases in April are...
Marcelino Co.'s March 31 inventory of raw materials is $81,000.
Raw materials purchases in April are $550,000, and factory payroll
cost in April is $389,000. Overhead costs incurred in April are:
indirect materials, $55,000; indirect labor, $29,000; factory rent,
$36,000; factory utilities, $24,000; and factory equipment
depreciation, $61,000. The predetermined overhead rate is 50% of
direct labor cost. Job 306 is sold for $665,000 cash in April.
Costs of the three jobs worked on in April follow.
Balances on March...
Marcelino Co.'s March 31 inventory of raw materials is $81,000. Raw materials purchases in April are...
Marcelino Co.'s March 31 inventory of raw materials is $81,000.
Raw materials purchases in April are $590,000, and factory payroll
cost in April is $379,000. Overhead costs incurred in April are:
indirect materials, $51,000; indirect labor, $23,000; factory rent,
$37,000; factory utilities, $21,000; and factory equipment
depreciation, $58,000. The predetermined overhead rate is 50% of
direct labor cost. Job 306 is sold for $650,000 cash in April.
Costs of the three jobs worked on in April follow. Job 306 Job...
Marcelino Co.'s March 31 inventory of raw materials is $88,000. Raw materials purchases in April are...
Marcelino Co.'s March 31 inventory of raw materials is $88,000.
Raw materials purchases in April are $580,000, and factory payroll
cost in April is $362,000. Overhead costs incurred in April are:
indirect materials, $59,000; indirect labor, $25,000; factory rent,
$37,000; factory utilities, $21,000; and factory equipment
depreciation, $55,000. The predetermined overhead rate is 50% of
direct labor cost. Job 306 is sold for $670,000 cash in April.
Costs of the three jobs worked on in April follow. Job 306 Job...
Marcelino Co.'s March 31 inventory of raw materials is $89,000. Raw materials purchases in April are...
Marcelino Co.'s March 31 inventory of raw materials is $89,000.
Raw materials purchases in April are $510,000, and factory payroll
cost in April is $388,000. Overhead costs incurred in April are:
indirect materials, $56,000; indirect labor, $27,000; factory rent,
$36,000; factory utilities, $21,000; and factory equipment
depreciation, $53,000. The predetermined overhead rate is 50% of
direct labor cost. Job 306 is sold for $630,000 cash in April.
Costs of the three jobs worked on in April follow.
Job 306
Job...
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