Apps | Mic x Mail - Noa X WP Chapter 3. X WP Question A Player y! on novem X Work in P cation.wiley.com/was/ui/v2/assessment-player/index.html?launchld=1cc36467-e693-4809-acef-2a5bff13632a#/question/2 vork Question 3 of 3 < > October 31, November 30, 2022 2022 Supplies (including both direct and indirect materials) $79,850 $73,850 Work in process inventory 59,475 ? Finished goods inventory 59,600 63,600 Cost of goods sold (year to date) 566,500 665,900 Accounts payable (relates to materials purchased only) 18,460 53,770 Manufacturing overhead incurred (year to date) 130,100 163,300 Manufacturing overhead applied 129,100 ? Other information for November 2022: Cash payments to suppliers $59,600 Payroll (including $15,570 indirect) 84,500 Indirect materials used 5,880 Over-applied overhead (during November only) 2,790 Calculate the normal cost of the work in process inventory lost during the fire. Cost of the work in process inventory $ MacBook Pro Apps | Microsoft 365 Mail Noah Bothello - Outlook X WP Chapter 3 Homework WP Question 3.of 3 - Chapter 3 x wiley.com/was/ui/v2/assessment-player/index.html?launchld=1cc36467-e693-4809-acef-2a5bff13632a#/question/2 2048 Question 3 of 3 Current Attempt in Progress -/1 : On November 30, 2022, there was a fire in the factory of Oriole Manufacturing Limited, where you work as the controller. The work in process inventory was completely destroyed, but both the materials and finished goods inventories were undamaged. Oriole uses normal job-order costing and its fiscal year end is December 31. Selected information for the periods ended October 31, 2022, and November 30, 2022, follows: October 31, 2022 November 30, 2022 Supplies (including both direct and indirect materials) $80,250 $73,700 Work in process inventory 59,575 ? Finished goods inventory 60,000 63,200 Cost of goods sold (year to date) 574,000 662,700 Accounts payable (relates to materials purchased only) 18,460 54,420 Manufacturing overhead incurred (year to date) 130,300 169,300 Manufacturing overhead applied 128,700 ? Other information for November 2022:
Apps | Mic x Mail - Noa X WP Chapter 3. X WP Question A Player y! on novem X Work in P cation.wiley.com/was/ui/v2/assessment-player/index.html?launchld=1cc36467-e693-4809-acef-2a5bff13632a#/question/2 vork Question 3 of 3 < > October 31, November 30, 2022 2022 Supplies (including both direct and indirect materials) $79,850 $73,850 Work in process inventory 59,475 ? Finished goods inventory 59,600 63,600 Cost of goods sold (year to date) 566,500 665,900 Accounts payable (relates to materials purchased only) 18,460 53,770 Manufacturing overhead incurred (year to date) 130,100 163,300 Manufacturing overhead applied 129,100 ? Other information for November 2022: Cash payments to suppliers $59,600 Payroll (including $15,570 indirect) 84,500 Indirect materials used 5,880 Over-applied overhead (during November only) 2,790 Calculate the normal cost of the work in process inventory lost during the fire. Cost of the work in process inventory $ MacBook Pro Apps | Microsoft 365 Mail Noah Bothello - Outlook X WP Chapter 3 Homework WP Question 3.of 3 - Chapter 3 x wiley.com/was/ui/v2/assessment-player/index.html?launchld=1cc36467-e693-4809-acef-2a5bff13632a#/question/2 2048 Question 3 of 3 Current Attempt in Progress -/1 : On November 30, 2022, there was a fire in the factory of Oriole Manufacturing Limited, where you work as the controller. The work in process inventory was completely destroyed, but both the materials and finished goods inventories were undamaged. Oriole uses normal job-order costing and its fiscal year end is December 31. Selected information for the periods ended October 31, 2022, and November 30, 2022, follows: October 31, 2022 November 30, 2022 Supplies (including both direct and indirect materials) $80,250 $73,700 Work in process inventory 59,575 ? Finished goods inventory 60,000 63,200 Cost of goods sold (year to date) 574,000 662,700 Accounts payable (relates to materials purchased only) 18,460 54,420 Manufacturing overhead incurred (year to date) 130,300 169,300 Manufacturing overhead applied 128,700 ? Other information for November 2022:
SWFT Essntl Tax Individ/Bus Entities 2020
23rd Edition
ISBN:9780357391266
Author:Nellen
Publisher:Nellen
Chapter2: Working With The Tax Law
Section: Chapter Questions
Problem 1RP
Related questions
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Transcribed Image Text:Apps | Mic x
Mail - Noa X
WP Chapter 3. X
WP Question
A Player
y! on novem X
Work in P
cation.wiley.com/was/ui/v2/assessment-player/index.html?launchld=1cc36467-e693-4809-acef-2a5bff13632a#/question/2
vork
Question 3 of 3 <
>
October 31, November 30,
2022
2022
Supplies (including both direct and indirect materials)
$79,850
$73,850
Work in process inventory
59,475
?
Finished goods inventory
59,600
63,600
Cost of goods sold (year to date)
566,500
665,900
Accounts payable (relates to materials purchased only)
18,460
53,770
Manufacturing overhead incurred (year to date)
130,100
163,300
Manufacturing overhead applied
129,100
?
Other information for November 2022:
Cash payments to suppliers
$59,600
Payroll (including $15,570 indirect)
84,500
Indirect materials used
5,880
Over-applied overhead (during November only)
2,790
Calculate the normal cost of the work in process inventory lost during the fire.
Cost of the work in process inventory
$
MacBook Pro

Transcribed Image Text:Apps | Microsoft 365
Mail Noah Bothello - Outlook X WP Chapter 3 Homework
WP Question 3.of 3 - Chapter 3 x
wiley.com/was/ui/v2/assessment-player/index.html?launchld=1cc36467-e693-4809-acef-2a5bff13632a#/question/2
2048
Question 3 of 3
Current Attempt in Progress
-/1 :
On November 30, 2022, there was a fire in the factory of Oriole Manufacturing Limited, where you work as the controller. The work in
process inventory was completely destroyed, but both the materials and finished goods inventories were undamaged.
Oriole uses normal job-order costing and its fiscal year end is December 31. Selected information for the periods ended October 31,
2022, and November 30, 2022, follows:
October 31,
2022
November 30,
2022
Supplies (including both direct and indirect materials)
$80,250
$73,700
Work in process inventory
59,575
?
Finished goods inventory
60,000
63,200
Cost of goods sold (year to date)
574,000
662,700
Accounts payable (relates to materials purchased only)
18,460
54,420
Manufacturing overhead incurred (year to date)
130,300
169,300
Manufacturing overhead applied
128,700
?
Other information for November 2022:
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