A ezto.mheducation.comP APA Styl.M Question.b Details |.1-..CM Saudi Ar.O Saudi Ar.UntitledW Yemen c.SavedHelpSave & ExitSubThe cost of goods sold for January after allocation of any underapplied or overapplied manufacturing overhead for the month isclosest to:Multiple Choice$232,340$219,530$233,530$220,720< Prev9 of 10 ENext >吕口F3F9F10F2F4F5*23$%3456.EYPDGHK.. ** 14A ezto.mheducation.com=ay 1-.P APA Styl.M Question.b Details .G UntitledSaudi Ar.G Saudi Ar.Yemen c.JamSavedHelpSave & ExitSubmitBeshaw Incorporated has provided the following data for the monthJanuary. There were no beginning inventories;consequently, the direct materials, direct labor, and manufacturing overhead applied listed below are all for the current month.Work InFinishedCost of GoodsProcessGoodsSoldTotalDirect materials$ 3,4406,1603,300$ 61,880$ 8,45016,2506,050$30,750$ 73,770141,41055,000Direct labor119,00045,650Manufacturing overhead appliedTotal$12,900$226,530$270,180Manufacturing overhead for the month was underapplied by $7,000.The Corporation allocates any underapplied or overapplied manufacturing overhead among work in process, finished goods, andcost of goods sold at the end of the month on the basis of the manufacturing overhead applied during the month in those accounts.The cost of goods sold for January after allocation of any underapplied or overapplied manufacturing overhead for the month isclosest to:Multiple Choice$232,340< Prev9 of 10 ENext >F10FB吕0 F3F7F5F4%&$423%3D78935ETY

The manufacturing overhead for the month was underapplied by $7000. Manufacturing Overhead…

Answered: Beshaw Incorporated has provided the…

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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ABC Corporation reported the following data for the month of January: Inventories: Beginning Ending Raw materials 46,000 34,000 Work in process 31,000 29,000 Finished goods 27,000 55,000 Additional information: Raw materials purchases 79,000 Direct labor cost 93,000 Manufacturing overhead cost incurred 54,000 Indirect materials included in manufacturing overhead cost incurred 8,000 Manufacturing overhead cost applied to Work in Process 57,000 Calculate cost of completed goods during the month of January?
Khan Inc. has provided the following data for the month of April. There were no beginning inventories; consequently, the direct materials, direct labor, and manufacturing overhead applied listed below are all for the current month. Work in Process Finished Goods Cost of Goods Sold Total Direct materials 5,640 7,540 72,460 85,640 Direct labor 5,430 13,780 80,220 99,430 Manufacturing overhead applied 4,990 8,400 56,700 70,000 Total 16,060 29,720 209,380 255,070 Manufacturing overhead for the month was overapplied by Rs. 6,000.The Corporation allocates any underapplied or overapplied manufacturing overhead among work in process, finished goods, and cost of goods sold at the end of the month on the basis of the manufacturing overhead applied during the month in those accounts.The cost of goods sold for April after allocation of overapplied manufacturing is?
Weatherhead Incorporated has provided the following data for the month of March. There were no beginning inventories; consequently, the direct materials, direct labor, and manufacturing overhead applied listed below are all for the current month. Work In Process Finished Goods Cost of Goods Sold Total Direct materials $ 4,240 $14,740 $ 41,900 $ 60,880 Direct labor 10,480 29,480 83,880 123,840 Manufacturing overhead applied 5,860 12,100 35,060 53,020 Total $20,580 $56,320 $160,840 $237,740 Manufacturing overhead for the month was overapplied by $3,100.The Corporation allocates any underapplied or overapplied manufacturing overhead among work in process, finished goods, and cost of goods sold at the end of the month on the basis of the manufacturing overhead applied during the month in those accounts.The work in process inventory at the end of March after allocation of any underapplied or overapplied manufacturing overhead for the month is closest to: (Round…
Nincada Inc Inc has provided the following data for the month of March. There were no beginning inventories; consequently, the direct materials, direct labor, and manufacturing overhead applied listed below are all for the current month. Work-in-Process Finished Goods Cost of Goods Sold Total Direct Materials ₱ 4,450 ₱ 5,800 ₱ 8,500 ₱ 18,750 Direct Labor ₱ 5,750 ₱ 5,374 ₱ 9,700 ₱ 20,824 Applied Overhead ₱ 6,200 ₱ 11,950 ₱ 7,876 ₱ 26,026 Total ₱ 16,400 ₱ 23,124 ₱ 26,076 ₱ 65,600 Manufacturing overhead for the month was OVERAPPLIED by ₱8,000. The company allocates any underapplied or overapplied overhead among work in process, finished goods, and cost of goods sold at the end of the month on the basis of the ending balances in those accounts. Nincada's Finished Goods after allocation of any underapplied or overapplied overhead for the month is closest to ₱_____________. Note: For interim calculations, use 5 decimal places; round-off final answer to…
Aeldaentos Pte Ltd. has provided the following data for the month of April. There were no beginning inventories; consequently, the direct materials, direct labor, and manufacturing overhead applied listed below are all for the current month. Work in Process Finished Goods Cost of Goods Sold Total Direct Materials $ 7,712 $ 7,395 $ 5,499 $ 20,606 Direct Labor 13,721 14,027 7,778 35,526 Manufacturing Overhead Applied 33,782 53,251 22,124 109,157 Total 55,215 74,673 35,401 165,289 The company allocates any underapplied or overapplied manufacturing overhead among work in process, finished goods, and cost of goods sold at the end of the month on the basis of the overhead applied during the month in those accounts. Manufacturing overhead for the month was underapplied by $7,847. The Work-in-Process inventory at the end of the month after allocation of any underapplied or overapplied manufacturing overhead for the month is:
Mehboob Inc. has provided the following data for the month of April. There were no beginning inventories; consequently, the direct materials, direct labor, and manufacturing overhead applied listed below are all for the current month. Work in Process Finished Goods Cost of Goods Sold Total Direct materials 5,640 7,540 72,460 85,640 Direct labor 5,430 13,780 80,220 99,430 Manufacturing overhead applied 4,990 8,400 56,700 70,000 Total 16,060 29,720 209,380 255,070 Manufacturing overhead for the month was overapplied by Rs. 6,000. The Corporation allocates any underapplied or overapplied manufacturing overhead among work in process, finished goods, and cost of goods sold at the end of the month on the basis of the manufacturing overhead applied during the month in those accounts. The cost of goods sold for April after allocation of overapplied manufacturing is?

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