1. Cabundoc Manufacturing provides the following information for 2020. The ending work in process is? Ending Work in process = Opening raw materials inventory 70000 Closing raw materials inventory 60000 Opening work in process inventory 150000 Raw materials available for use 410000 Direct labor cost 300000 Factory overhead 337500 Cost of goods manufactured 836000
1. Cabundoc Manufacturing provides the following information for 2020. The ending work in process is?
Ending Work in process =
|
Opening raw materials inventory |
70000 |
|
Closing raw materials inventory |
60000 |
|
Opening work in process inventory |
150000 |
|
Raw materials available for use |
410000 |
|
Direct labor cost |
300000 |
|
Factory |
337500 |
|
Cost of goods manufactured |
836000 |
2. The following information was reported by AS Company for the month of September, 2019. Assuming that mark-up is 100% on the cost price, and the total operating expenses is 256000, the net income before tax is?
Net income before tax =
|
|
September 1 |
September 30 |
|
Direct materials |
80000 |
100000 |
|
Work in process finished goods |
50000 |
70000 |
|
Finished goods |
120000 |
140000 |
|
Direct labor cost |
|
240000 |
|
Factory overhead |
|
216000 |
|
Cost of goods sold |
|
766000 |
3. The total work in process is 330000. The beginning work in process is 30000 and work in process at the end is 50000. The total
Total manufacturing cost =
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