EM Manufacturing Co’s material purchases for June 2020 amounted to 110000 and its cost of goods sold during the month was 480000. Factory overhead was 50% of the direct labor cost. Inventories were as follows. The total cost of work placed in process and cost of goods manufactured during June 2020 is? June 1, 2020June 30, 2020Finished goods102000105000Work in process4000036000Materials2000026000 The total raw materials consumed is 100000. The total conversion cost is 200000, work in process, end is 30000, and cost of goods manufactured is 285000. The work in process beginning is?What is the total manufacturing cost, total goods placed in process, direct materials used, and cost of goods manufactured?Advertising expense25000Depreciation office – building30000Depreciation – factory25000Direct labor115200Direct materials purchases1500000Direct materials, beginning22000Direct materials, end245000Factory supplies25000Factory taxes and licenses75000Factory utilities50000Finished goods, beginning486300Finished goods, end250000Freight in50000Indirect labor350000Purchase return5000Sales salaries75000Work in process, end615000Work in process, beginning100000 What is the cost of goods sold, total manufacturing costs incurred, and direct materials used in production? Beginning of the yearEnd of the yearFinished goods inventory2500032000Work in process3000035000Raw materials inventory4600026000Sales 360000Direct labor 45000Factory supervisory salaries 18000Income tax expense 25000Factory insurance 12000Raw material purchase 75000Administrative expenses 17000Sales returns and allowances 15000Factory depreciation 22000Indirect labor 11000Selling expenses 35000 Total purchases of raw materials amounted to 350000. The ending inventory of raw materials is 20000 more than the beginning inventory. The raw materials used for the period is?The following information was reported by AS Company for the month of September, 2019. The total cost of direct materials purchased and the cost of goods manufactured during September is? September 1September 30Direct materials80000100000Work in process finished goods5000070000Finished goods120000140000Direct labor cost 240000Factory overhead 216000Cost of goods sold 766000 The following information was taken from the books of BN Co. there was no work in process at the beginning or end of the year. The cost of goods sold for the year is? And the cost of goods manufactured for the year is?Increase in raw materials inventory30000Increase in finished goods inventory70000Raw materials purchased860000Direct labor payroll400000Factory overhead600000 The total manufacturing cost is 150000, the direct labor is 50000, and the direct materials consumed is 60000. There is no beginning and ending work in process. The cost of goods manufactured is?ME Manufacturing had no beginning inventories. During the period, its completed production was 50000 units of which 10% was unsold. There were no ending inventories of materials or work in process. Materials purchased and used were 215000, direct labor and manufacturing overhead were 160000. The ending inventory and cost of goods manufactured is?Cabundoc Manufacturing provides the following information for 2020. The ending work in process is?Opening raw materials inventory70000Closing raw materials inventory60000Opening work in process inventory150000Raw materials available for use410000Direct labor cost300000Factory overhead337500Cost of goods manufactured836000 The following information was reported by AS Company for the month of September, 2019. Assuming that mark-up is 100% on the cost price, and the total operating expenses is 256000, the net income before tax is? September 1September 30Direct materials80000100000Work in process finished goods5000070000Finished goods120000140000Direct labor cost 240000Factory overhead 216000Cost of goods sold 766000 The total work in process is 330000. The beginning work in process is 30000 and work in process at the end is 50000. The total manufacturing cost for the period is?Lim Co. reported the following data for the year 2019: gross profit – 192000; cost of goods manufactured – 680000; work in process, beginning – 56000; finished goods; beginning – 90000; work in process, end – 76000; finished goods, end – 104000. The cost of goods sold for 2019 is?

Name: EM Manufacturing Co’s material purchases for June 2020 amounted to 110
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Description: EM Manufacturing Co’s material purchases for June 2020 amounted to 110000 and its cost of goods sold during the month was 480000. Factory overhead was 50% of the direct labor cost. Inventories were as follows. The total cost of work placed in process

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ISBN:9781259964947

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EM Manufacturing Co’s material purchases for June 2020 amounted to 110000 and its cost of goods sold during the month was 480000. Factory overhead was 50% of the direct labor cost. Inventories were as follows. The total cost of work placed in process and cost of goods manufactured during June 2020 is?

	June 1, 2020	June 30, 2020
Finished goods	102000	105000
Work in process	40000	36000
Materials	20000	26000

The total raw materials consumed is 100000. The total conversion cost is 200000, work in process, end is 30000, and cost of goods manufactured is 285000. The work in process beginning is?
What is the total manufacturing cost, total goods placed in process, direct materials used, and cost of goods manufactured?

Advertising expense	25000
Depreciation office – building	30000
Depreciation – factory	25000
Direct labor	115200
Direct materials purchases	1500000
Direct materials, beginning	22000
Direct materials, end	245000
Factory supplies	25000
Factory taxes and licenses	75000
Factory utilities	50000
Finished goods, beginning	486300
Finished goods, end	250000
Freight in	50000
Indirect labor	350000
Purchase return	5000
Sales salaries	75000
Work in process, end	615000
Work in process, beginning	100000

What is the cost of goods sold, total manufacturing costs incurred, and direct materials used in production?

	Beginning of the year	End of the year
Finished goods inventory	25000	32000
Work in process	30000	35000
Raw materials inventory	46000	26000
Sales		360000
Direct labor		45000
Factory supervisory salaries		18000
Income tax expense		25000
Factory insurance		12000
Raw material purchase		75000
Administrative expenses		17000
Sales returns and allowances		15000
Factory depreciation		22000
Indirect labor		11000
Selling expenses		35000

Total purchases of raw materials amounted to 350000. The ending inventory of raw materials is 20000 more than the beginning inventory. The raw materials used for the period is?
The following information was reported by AS Company for the month of September, 2019. The total cost of direct materials purchased and the cost of goods manufactured during September is?

	September 1	September 30
Direct materials	80000	100000
Work in process finished goods	50000	70000
Finished goods	120000	140000
Direct labor cost		240000
Factory overhead		216000
Cost of goods sold		766000

The following information was taken from the books of BN Co. there was no work in process at the beginning or end of the year. The cost of goods sold for the year is? And the cost of goods manufactured for the year is?

Increase in raw materials inventory	30000
Increase in finished goods inventory	70000
Raw materials purchased	860000
Direct labor payroll	400000
Factory overhead	600000

The total manufacturing cost is 150000, the direct labor is 50000, and the direct materials consumed is 60000. There is no beginning and ending work in process. The cost of goods manufactured is?
ME Manufacturing had no beginning inventories. During the period, its completed production was 50000 units of which 10% was unsold. There were no ending inventories of materials or work in process. Materials purchased and used were 215000, direct labor and manufacturing overhead were 160000. The ending inventory and cost of goods manufactured is?
Cabundoc Manufacturing provides the following information for 2020. The ending work in process is?

Opening raw materials inventory	70000
Closing raw materials inventory	60000
Opening work in process inventory	150000
Raw materials available for use	410000
Direct labor cost	300000
Factory overhead	337500
Cost of goods manufactured	836000

The following information was reported by AS Company for the month of September, 2019. Assuming that mark-up is 100% on the cost price, and the total operating expenses is 256000, the net income before tax is?

	September 1	September 30
Direct materials	80000	100000
Work in process finished goods	50000	70000
Finished goods	120000	140000
Direct labor cost		240000
Factory overhead		216000
Cost of goods sold		766000

The total work in process is 330000. The beginning work in process is 30000 and work in process at the end is 50000. The total manufacturing cost for the period is?
Lim Co. reported the following data for the year 2019: gross profit – 192000; cost of goods manufactured – 680000; work in process, beginning – 56000; finished goods; beginning – 90000; work in process, end – 76000; finished goods, end – 104000. The cost of goods sold for 2019 is?

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