Bonita Company produces small gasoline-powered engines for model airplanes. Mr. Lewis, Bonita’s CFO, has presented you with the following cost information: Direct Materials Inventory, beginning $ 64,000 Direct Materials Inventory, ending $ 47,000 Work in Process Inventory, beginning $ 30,000 Work in Process Inventory, ending $ 24,000 Direct labor $ 158,000 Direct materials purchases $ 219,000 Insurance, factory $ 42,000 Depreciation, factory $ 20,000 Depreciation, executive offices $ 12,000 Indirect labor $ 17,000 Utilities, factory $ 18,000 Utilities, executive offices $ 9,000 Property taxes, factory $ 14,000 Property taxes, executive offices $ 8,000 Using this cost information, prepare a cost of goods manufactured schedule for Mr. Lewis. Bonita Company Schedule of Cost of Goods Manufactured select an opening name for section one select an item $enter a dollar amount select between addition and deduction : select an item enter a dollar amount select between addition and deduction : select an item enter a dollar amount select a closing name for section one $enter a total amount for section one select an item enter a dollar amount select an opening name for section two select an item enter a dollar amount select an item enter a dollar amount select an item enter a dollar amount select an item enter a dollar amount select an item enter a dollar amount select a closing name for section two enter a total amount for section two select a summarizing line for the first part enter a total amount for the first part select between addition and deduction : select an item enter a dollar amount select between addition and deduction : select an item enter a dollar amount select a closing name for this schedule $enter a total amount for this schedule Please answer ASAP! I have included a list of particulars. I will upvote instantly if helpful (:
Bonita Company produces small gasoline-powered engines for model airplanes. Mr. Lewis, Bonita’s CFO, has presented you with the following cost information: Direct Materials Inventory, beginning $ 64,000 Direct Materials Inventory, ending $ 47,000 Work in Process Inventory, beginning $ 30,000 Work in Process Inventory, ending $ 24,000 Direct labor $ 158,000 Direct materials purchases $ 219,000 Insurance, factory $ 42,000 Depreciation, factory $ 20,000 Depreciation, executive offices $ 12,000 Indirect labor $ 17,000 Utilities, factory $ 18,000 Utilities, executive offices $ 9,000 Property taxes, factory $ 14,000 Property taxes, executive offices $ 8,000 Using this cost information, prepare a cost of goods manufactured schedule for Mr. Lewis. Bonita Company Schedule of Cost of Goods Manufactured select an opening name for section one select an item $enter a dollar amount select between addition and deduction : select an item enter a dollar amount select between addition and deduction : select an item enter a dollar amount select a closing name for section one $enter a total amount for section one select an item enter a dollar amount select an opening name for section two select an item enter a dollar amount select an item enter a dollar amount select an item enter a dollar amount select an item enter a dollar amount select an item enter a dollar amount select a closing name for section two enter a total amount for section two select a summarizing line for the first part enter a total amount for the first part select between addition and deduction : select an item enter a dollar amount select between addition and deduction : select an item enter a dollar amount select a closing name for this schedule $enter a total amount for this schedule Please answer ASAP! I have included a list of particulars. I will upvote instantly if helpful (:
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Bonita Company produces small gasoline-powered engines for model airplanes. Mr. Lewis, Bonita’s CFO, has presented you with the following cost information:
Using this cost information, prepare a cost of goods manufactured schedule for Mr. Lewis.
Direct Materials Inventory, beginning | $ | 64,000 | |||
Direct Materials Inventory, ending | $ | 47,000 | |||
Work in Process Inventory, beginning | $ | 30,000 | |||
Work in Process Inventory, ending | $ | 24,000 | |||
Direct labor | $ | 158,000 | |||
Direct materials purchases | $ | 219,000 | |||
Insurance, factory | $ | 42,000 | |||
$ | 20,000 | ||||
Depreciation, executive offices | $ | 12,000 | |||
Indirect labor | $ | 17,000 | |||
Utilities, factory | $ | 18,000 | |||
Utilities, executive offices | $ | 9,000 | |||
Property taxes, factory | $ | 14,000 | |||
Property taxes, executive offices | $ | 8,000 |
Using this cost information, prepare a cost of goods manufactured schedule for Mr. Lewis.
Bonita Company
Schedule of Cost of Goods Manufactured |
|||||
---|---|---|---|---|---|
select an opening name for section one
|
|||||
select an item
|
$enter a dollar amount | ||||
select between addition and deduction : select an item
|
enter a dollar amount | ||||
select between addition and deduction : select an item
|
enter a dollar amount | ||||
select a closing name for section one
|
$enter a total amount for section one | ||||
select an item
|
enter a dollar amount | ||||
select an opening name for section two
|
|||||
select an item
|
enter a dollar amount | ||||
select an item
|
enter a dollar amount | ||||
select an item
|
enter a dollar amount | ||||
select an item
|
enter a dollar amount | ||||
select an item
|
enter a dollar amount | ||||
select a closing name for section two
|
enter a total amount for section two | ||||
select a summarizing line for the first part
|
enter a total amount for the first part | ||||
select between addition and deduction : select an item
|
enter a dollar amount | ||||
select between addition and deduction : select an item
|
enter a dollar amount | ||||
select a closing name for this schedule
|
$enter a total amount for this schedule |
Please answer ASAP! I have included a list of particulars. I will upvote instantly if helpful (:
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