1.21 Use the following information for a manufacturer to calculate the cost of goods produced and sold: Remainder Original Final Immediate materials 27000 28000 Stocks of semi-finished goods 40000 32000 Stock of finished goods 18000 25000 Other information Purchase of direct materials 73000 Instant work 88000 General industrial expenses 43000

1.21 Use the following information for a manufacturer to calculate the cost of goods produced and sold: Remainder Original Final Immediate materials 27000 28000 Stocks of semi-finished goods 40000 32000 Stock of finished goods 18000 25000 Other information Purchase of direct materials 73000 Instant work 88000 General industrial expenses 43000

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter4: Job Order Costing

Section: Chapter Questions

Problem 3MC: Which of the following is a prime cost? A. indirect materials B. direct labor C. administrative...

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Use the included information about Raw Materials Inventory (RM), Work in Process Inventory (WIP), Finished Goods Inventory (FG), and the Income Summary (IS). Determine the total conversion costs added. 1 2 3 4 5 6 7 1 00 RM B Bal T1 T2 T3 T4 E Bal 8 9 FG 10 B Bal 11 T1 12 T2 13 T3 14 T4 15 E Bal 2 Debits 4300 29 050 Debits 4800 45 592 3 Credits 28 000 Credits 33 500 4 5 WIP B Bal DM DL FOH CGM E Bal IS Rev CGS V Op Exp F Op Exp NIBT 6 Debits 8920 28 000 17 430 11 130 Debits 33 500 5130 7960 7 Credits 45 592 Credits 66 200
*need help with C please *
Kk.102. Subject : - Accounting

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Remainder	Original	Final
Immediate materials	27000	28000
Stocks of semi-finished goods	40000	32000
Stock of finished goods	18000	25000
Other information
Purchase of direct materials		73000
Instant work		88000
General industrial expenses		43000