Compute the total manufacturing cost for a manufacturer with the following information for the month. Raw materials purchased $32,400 Direct materials used . 53,750 Direct labor used . 12,000 Factory supervisor salary 8,000 Salesperson commissions $6,200 Depreciation expense—Factory building 3,500 Depreciation expense—Delivery equipment 2,200 Indirect materials 1,250

Q: Classifying Costs The following is a manufacturing cost report of Marching Ants Inc. Evaluate and…

A: Total Manufacturing costs - it is the total expenses of all resources used in the process of making…

Q: Randall Company manufactures products to customer specifications. A job costing system is used to…

A: Overhead cost is applied on an estimated basis, based on direct labor cost (in this question).…

Q: Classifying Costs The following report was prepared for evaluating the performance of the plant…

A:

Q: Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Disksan…

A: Cost of goods manufactured :  Total manufacturing cost + Beginning work in process – Ending work in…

Q: Calculate the cost of goods sold using the following information: Direct materials used $ 298,500…

A: Step 1: The Cost of goods sold is calculated as follows:-Particulars Amount Direct Material…

Q: Edward Company reported the following costs and expenses in July: Factory utilities $21,400 Direct…

A: 1. Product Costs - Product Costs are the cost which are incurred to manufactured a product. This…

Q: Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Sandusky…

A: Cost of Goods Manufactured = Work In Progress Inventory, January 1 + Total Manufacturing Costs -…

Q: Primare Corporation has provided the following data concerning last month’s manufacturing…

A: The Schedule of Cost of Goods Manufactured (COGM) is a thorough financial report that details the…

Q: In July, Econo Company purchased materials costing $18,400 and incurred direct labor costs of…

A: The cost of goods manufactured is calculated as factory cost plus changes in work in process…

Q: Use the following selected account balances of Delray Manufacturing for the year ended December 31.…

A: An income statement helps in analyzing where to increase the revenue and decrease the cost to…

Q: The following information is available for Ethtridge Manufacturing Company for the month ending July…

A: Cost of goods manufactured = Beginning Work in process inventory + Total manufacturing costs…

Q: Prepare the schedule of cost of goods manufactured for Barton Company using the following…

A: The cost of manufactured goods represents total cost pertaining to finished goods produced in the…

Q: Statement of cost of goods manufactured for a manufacturing company Cost data for Johnstone…

A: Statement of cost of goods manufactured used to indicates the total cost into different categories.…

Q: Randall Company manufactures products to customer specifications. A job costing system is used to…

A: The entire production expenses for a business during a given time period are calculated as the cost…

Q: Skysong Company reports the following costs and expenses in May. Factory utilities   $14,200…

A: Product Costs mean the costs incurred directly or indirectly related to the production of a product.…

Q: Primare Corporation has provided the following data concerning last month’s manufacturing…

A: Cost of goods manufactured is the cost incurred on the making of the goods that are to be…

Q: I want answer

A: Step 1: Raw materials purchasedRecord raw materials purchased on account.When raw materials are…

Q: Sales $1,980 Selling expenses 280 Manufacturing overhead 460 Direct labor 400 Administrative…

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Q: Primare Corporation has provided the following data concerning last month's manufacturing…

A: SCHEDULE OF COST OF GOODS MANUFACTUREDSchedule Of Cost Of Goods Manufactured are those costs which…

Q: Statement of cost of goods manufactured for a manufacturing company Cost data for Johnstone…

A: The objective of the question is to prepare a cost of goods manufactured statement for Johnstone…

Q: Information on Kwon Manufacturing’s activities for its first month of operations follows: a.…

A: Entries are posted from the journal to the T-accounts, also known as Ledger accounts.Direct material…

Q: please give answer for all 2 question

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Q: An analysis of the accounts of Marin Company reveals the following manufacturing cost data for the…

A: WIP Inventory -The phrase "work in process" (WIP) inventory describes items that are partially…

Q: Primary Corporation has provided the following data concerning last month's manufacturing…

A: Inventory can be defined as a form of current asset which represents the value of the stock…

Q: Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Disksan…

A: Disksan Manufacturing Company Statement of Cost of Goods Manufactured For the Month Ended…

Q: The books of Matulungin Manufacturing Co. showed the following data for the month of October:…

A: Lets understand the basics.Cost of goods manufactured is a cost of manufacturing goods are services.…

Q: Keenan Company estimates that total factory overhead costs will be $322,000 for the year. Direct…

A: The predetermined overhead rate is calculated as the Estimated overhead cost divided by Estimated…

Q: Total manufacturing costs Work in process inventory, January 31 Cost of goods manufactured b.…

A: Cost of goods sold means the difference between the cost of goods available for sales and closing…

Q: Carmen Company reports the following costs and expenses in March.Factory utilities $ 18,600Direct…

A: The period cost are the cost that are not related to production. Examples, selling and…

Q: Sage Hill Company reports the following costs and expenses in May. Factory utilities   $13,600…

A: A. Manufacturing overhead = Factory utilities + Depreciation on factory equipment + Indirect factory…

Q: kysong Company reports the following costs and expenses in May. Factory utilities   $14,200…

A: Cost sheet is a method of allocating total cost into different categories. It helps to identify the…

Q: Cost data for Firetree Manufacturing Inventories March 1 Materials Work in process Finished goods…

A: The statement of cost of goods manufactured is prepared to estimate the cost of goods that are…

Q: The following information is available for the first month of operations for Blue Bird, Inc.: Line…

A: Cost of goods sold budget shows the expenses incurred for producing a product. Cost of goods sold is…

Q: Use the following data to compute total factory overhead costs for the month:   Sales commissions $…

A: Formula used: Total factory overhead costs=Indirect materials+Factory utilities+Indirect…

Q: ​In July, Noel & Vang Company purchased materials costing $23,100 and incurred direct labor cost…

A: Compute materials used in July production as shown below:

Q: Here are selected basic data for Boston Bracing Company: Estimated manufacturing overhead $253,500…

A: The total manufacturing overhead includes the indirect costs incurred in manufacturing the product.…

Q: ual labor rate   $13  per hour Actual materials price   $128  per ton Standard labor rate   $12.50…

A: The difference between the standard cost and the actual cost is variance. If the standard cost is…

Q: Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Sandusky…

A: Cost sheet is a method of allocating total cost into different categories such as direct material…

Q: Acme Incorporated incurs the following costs during July: $ 12,600 27,100 Sales expense Direct labor…

A: Manufacturing Overhead :— It is the total cost that is indirectly incurred in the manufacturing of…