Please check the answer and add explanation properly . Determine the missing amounts. (a2)Determine the missing amounts.$TotalManufacturingCosts$296,800$$310,000eTextbook and MediaWorkin Process(Jan. 1)$120,000$462,400$Workin Process(Dec. 31)$81,600$$98,400Cost ofGoodsManufactured$334,800$715,000

For the first scenario, the unknown amounts can not be determined due to insufficient data provided.…

Answered: (a2) Determine the missing amounts. $…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Hello! Please help me fill in the blanks in the last empty chart and answer question number 3 at the very end in bold. Thank you! :) UnitsProduced TotalLumberCost TotalUtilitiesCost Total MachineDepreciationCost 7,000 shelves $70,000 $9,550 $135,000 14,000 shelves 140,000 17,600 135,000 28,000 shelves 280,000 33,700 135,000 35,000 shelves 350,000 41,750 135,000 Cost Fixed Portionof Cost Variable Portionof Cost (per Unit) Lumber 0 10 Utilities 1,500 1.15 Depreciation 135,000 0 Question Content Area Units Produced Total Cost January 4,360 units $65,600 February 275 6,250 March 1,000 15,000 April 6,775 136,250 May 1,750 32,500 June 3,015 48,000 1. From the data previously provided, help Biblio Files Company estimate the fixed and variable portions of its total costs using the high-low method. Recall that Total Costs = (Variable Cost Per Unit x Number of Units Produced) + Fixed Cost.…
Please help me fill in the last 6 cells and the last couple of questions if you can, all in bold! Thank you!! UnitsProduced TotalLumberCost TotalUtilitiesCost Total MachineDepreciationCost 7,000 shelves $70,000 $9,550 $135,000 14,000 shelves 140,000 17,600 135,000 28,000 shelves 280,000 33,700 135,000 35,000 shelves 350,000 41,750 135,000 2. For each cost, determine the fixed portion of the cost, and the per-unit variable cost. If there is no amount or an amount is zero, enter "0". Recall that, for N = Number of Units Produced, Total Costs = (Variable Cost Per Unit x N) + Fixed Cost. Complete the following table with your answers. Round variable portion of cost (per unit) answers to two decimal places. Cost Fixed Portionof Cost Variable Portionof Cost (per Unit) Lumber 0 10 Utilities 1500 1.15 Depreciation 135000 0 Question Content Area High-Low Biblio Files Company is the chief competitor of Cover-to-Cover Company in…
1/1 ngageNOWv2 | Online teachirs X com/ilrn/takeAssignment/takeAssignmentMar.uo?invoker=&takeAssignmentSessionLocator=&inprogress=false 田) eBook Show Me How A production department within a company received materials of $10,000 and conversion costs of $11,000 from the prior department. It added material of $24,960 and conversion costs of $50,560. The equivalent units are 19,000 for material and 17,100 for conversion. What is the unit cost for materials and conversion? When required, round final answers to two decimal places. Unit Cost Materials Conversion $
19. How much is the total distribution (selling) costs? a. 48,000 b. 56,000 C. 64,000 d. 108,000 20. How much is the total administrative expenses? a. 24,000 b. 132,000 C. 226,000 d. 668,000
Ma1. Please give only typed answer
Please give me the answer for all the boxes that are yellow. Additional information Current Assets Cash $34,710.0 0 Accounts Receivable $67,500.00 Inventory Raw Material Lamp Kits 500 @ $16 Work in Process 0 Finished Goods 3000 @ $30 Total Current Assets $200,210 Fixed Assets Equipment $20,000 Accumulated Depreciation $6,800 Total Fixed Assets $13,200 Total Assets $213,410 Current Liabilities Accounts Payable $54,000 Total Liabilities $54,000 Stockholder's Equity Common Stock $12,000 Retained Eamings $147,410 Total Stockholder's Equity $159,410 Total Liabilities and Stockholder's Equity $213,410
TB MC Qu. 3-160 (Static) The following partially completed T-accounts... The following partially completed T-accounts are for Stanford Corporation: Balance (1) (4) Debit Debit Raw Materials 7,000 (2) 19,000 Sales Salaries Expense Multiple Choice 11,000 The cost of direct materials used is: $14,000 $18,000 $15.000 $24,000 Credit Credit 24,000 Balance (2) (4) (6) Debit Debit Work In Precess 11,000 (7) 15,000 18,000 31,000 Accounts Payable Balance (1) (5) Credit Credit 7 Balance (7) 19,000 5,000 Debit Finished Goods Debit 18,000 62,000 15,000 Salaries and Wages Payable Credit Balance (4) Credit 7,000 37,000 (2) (3) (4) (5) Debit Manufacturing Overhead 9,000 (6) 16,000 8,000 5,000 Credit 31,000 Accumulated Depreciation-Factory Debit Balance (3) Credit 82,000 16,000
quiz/attempt.php?attempt3D161993&cmid%3D90414 E1 Ray Items Cost Items Cost Raw materials, 1/1/2019 OMR 30,000 Insurance, factory OMR 14,000 Raw materials, 12/31/2019 20,000 Property taxes, factory building 6,000 Raw materials purchase during 2019 205,000 Sales revenue 1,500,000 Indirect materials 15,000 Delivery expenses 100,000 Work in process, 1/1/2019 80,000 Sales commissions 150,000 Work in process, 12/31/2019 50,000 Indirect labor 90,000 Finished goods, 1/1/2019 110,000 Factory machinery rent 40,000 Finished goods, 12/31/2019 120,000 Factory utilities 65,000 Direct labor 350,000 Depreciation, factory building 24,000 Factory manager's salary 35,000 Administrative expenses 300,000 Manufacturing overhead is: Select one:
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Choose the correct answers . D.Materials ( 150 000 )$. D.Wages ( 250 000 )$. D.Expencess ( 150 000 )$. Ind.Expencess ( 125000 )$. Marketing cost ( v. ) ( 75000 )$. Ind.Marketing ( f. ) ( 85000 )$.?. Production cost ( using total cost ) . * ( 675000)$ (- 670000)$. ( another option ). ( 835000 )$

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(a2) Determine the missing amounts. $ Total Manufacturing Costs $296,800 $ $310,000 eTextbook and Media Work in Process (Jan. 1) $120,000 $462,400 $ Work in Process (Dec. 31) $81,600 $ $98,400 Cost of Goods Manufactured $334,800 $715,000