Computer Company is a manufacturer of personal computers and tablets. During its first month of manufacturing, Peaton Computer Company incurred the following manufacturing costs: LOADING... (Click the icon to view account balances.) LOADING... (Click the icon to view other information.) Prepare a schedule of cost of goods manufactured for Peaton Computer Company for the month ended January 31, 2024. Data Table Balances: Beginning Ending Direct Materials $10,200 $8,700 Work-in-Process Inventory 0 19,000 Finished Goods Inventory 0 33,000 Data Table Other information: Direct materials purchases $13,000 Plant janitorial services 1,000 Sales salaries expense 7,000 Delivery expense 1,200 Net sales revenue 1,150,000 Utilities for plant 12,000 Rent on plant 7,000 Customer service hotline costs 18,000 Direct labor 170,000
Computer Company is a manufacturer of personal computers and tablets. During its first month of manufacturing, Peaton Computer Company incurred the following manufacturing costs: LOADING... (Click the icon to view account balances.) LOADING... (Click the icon to view other information.) Prepare a schedule of cost of goods manufactured for Peaton Computer Company for the month ended January 31, 2024. Data Table Balances: Beginning Ending Direct Materials $10,200 $8,700 Work-in-Process Inventory 0 19,000 Finished Goods Inventory 0 33,000 Data Table Other information: Direct materials purchases $13,000 Plant janitorial services 1,000 Sales salaries expense 7,000 Delivery expense 1,200 Net sales revenue 1,150,000 Utilities for plant 12,000 Rent on plant 7,000 Customer service hotline costs 18,000 Direct labor 170,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Peaton
Computer Company incurred the following LOADING...
(ClickLOADING...
(ClickPrepare a schedule of cost of goods manufactured for
Peaton
Computer Company for the month ended
January
31,
2024.
Data Table
|
Balances:
|
Beginning
|
Ending
|
|---|---|---|
|
Direct Materials
|
$10,200
|
$8,700
|
|
Work-in-Process Inventory
|
0
|
19,000
|
|
Finished Goods Inventory
|
0
|
33,000
|
Data Table
|
Other information:
|
|
|
|
|
Direct materials purchases
|
|
$13,000
|
|
|---|---|---|---|
|
Plant janitorial services
|
|
1,000
|
|
|
Sales salaries expense
|
|
7,000
|
|
|
Delivery expense
|
|
1,200
|
|
|
Net sales revenue
|
|
1,150,000
|
|
|
Utilities for plant
|
|
12,000
|
|
|
Rent on plant
|
|
7,000
|
|
|
Customer service hotline costs
|
|
18,000
|
|
|
Direct labor
|
|
|
170,000
|
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