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Do it! Review 14-3 The following information is available for Tomlin Company. April 1 April 30...
Do it! Review 14-3 The following information is available for Tomlin Company. April 1 April 30 Raw materials inventory $10,000 $14,000 Work in process inventory 5,000 3,500 Materials purchased in April $98,000 Direct labor in April 80,000 Manufacturing overhead in April 160,000 Prepare the cost of goods manufactured schedule for the month of April. TOMLIN COMPANY Cost of Goods Manufactured Schedule $ $ : $ : $
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The following information is available for Tomlin Company. April 1 April 30 Raw materials inventory $10,000...
The following information is available for Tomlin
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April 1
April 30
Raw materials inventory
$10,000
$13,500
Work in process inventory
4,500
3,000
Materials purchased in April
$97,500
Direct labor in April
79,500
Manufacturing overhead in April
155,000
Prepare the cost of goods manufactured schedule for the month of
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The following information is available for Tomlin Company. April 1 April 30 Raw materials inventory $10,300...
The following information is available for Tomlin Company. April
1 April 30 Raw materials inventory $10,300 $13,900 Work in process
inventory 4,930 3,850 Materials purchased in April $98,500 Direct
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Prepare the cost of goods manufactured schedule for the month of
April.
The following information is available for Sunland Company. April 1 April 30 Raw materials inventory $10,300...
The following information is available for Sunland
Company.
April 1
April 30
Raw materials inventory
$10,300
$14,100
Work in process
inventory
4,950
3,740
Materials purchased in
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$98,000
Direct labor in April
79,800
Manufacturing overhead in
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160,000
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Cost of Goods Manufactured Schedule
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30
Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect
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The following information is available for Rolen Manufacturing Company. April 1 April 30 Raw materials inventory...
The following information is available for Rolen Manufacturing
Company.
April 1
April 30
Raw materials inventory
$10,000
$14,000
Work in process inventory
5,000
3,500
Materials purchased in April
$98,000
Direct labour in April
60,000
Manufacturing overhead in April
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Cost of Goods Manufactured Schedule
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select an item
...
The following information pertains to Flaxman Manufacturing Company for April. Assume actual overhead equaled applied overhead....
The following information pertains to Flaxman Manufacturing
Company for April. Assume actual overhead equaled applied
overhead.
April 1
Inventory balances
Raw materials
$
124,400
Work in process
118,000
Finished goods
76,800
April 30
Inventory balances
Raw materials
$
86,600
Work in process
146,800
Finished goods
80,600
During April
Costs of raw materials purchased
$
118,200
Costs of direct labor
101,100
Costs of manufacturing overhead
61,300
Sales revenues
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The following information is available for Pharoah Company. April 1 April 30 Raw materials inventory $10,900...
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April 1
April 30
Raw materials inventory
$10,900
$14,500
Work in process inventory
5,360
3,170
Materials purchased in April
$97,900
Direct labor in April
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Manufacturing overhead in April
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Cost of direct materials used in production
$
44,000
Direct labor
53,000
Factory overhead
33,000
Work in process inventory, April 1
32,000
Work in process inventory, April 30
44,000
Finished goods inventory, April 1
25,000
Finished goods inventory, April 30
a) For April, determine the cost of
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Using the data given, prepare a statement of Cost of Goods
Manufactured.
18,000
Work in process inventory, April 1
_________________
Cost of direct materials...
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Manufacturing overhead costs
incurred:
Indirect materials
$
16,800
Indirect labor
148,000
Property taxes, factory
9,800
Utilities, factory
88,000
Depreciation, factory
295,300
Insurance, factory
11,800
Total actual manufacturing
overhead costs incurred
$
569,700
Other costs incurred:
Purchases of raw materials (both
direct and indirect)
$
418,000
Direct labor cost
$
78,000
Inventories:
Raw materials, beginning
$
21,800
Raw materials, ending
$
31,800
Work...
Exercise 10-14 Cost of goods manufactured and sold LO 10-5 The following information pertains to Flaxman...
Exercise 10-14 Cost of goods manufactured and sold LO 10-5 The
following information pertains to Flaxman Manufacturing Company for
March 2018. Assume actual overhead equaled applied overhead. March
1 Inventory balances Raw materials $ 125,000 Work in process
118,900 Finished goods 77,200 March 31 Inventory balances Raw
materials $ 86,700 Work in process 146,200 Finished goods 80,500
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Cost of Goods Sold, Cost of Goods Manufactured Glenville Company has the following information for April:...
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Cost of direct materials used in production
$
56,000
Direct labor
65,000
Factory overhead
34,000
Work in process inventory, April 1
41,000
Work in process inventory, April 30
37,000
Finished goods inventory, April 1
24,000
Finished goods inventory, April 30
19,000
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