Required A Required B Compute total manufacturing costs. Total manufacturing costs Prepare a schedule of cost of goods manufactured. Direct materials Raw materials inventory, beginning Schedule of Cost of Goods Manufactured Raw materials available for use Factory overhead $ 0 $ 0

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter5: Process Costing
Section: Chapter Questions
Problem 13PB: Selected information from Hernandez Corporation shows the following: Prepare journal entries to...
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Required information
Use the following information for the Exercises below. (Algo)
[The following information applies to the questions displayed below.]
Note: Assume all raw materials were used as direct materials.
Inventories
Raw materials inventory
Work in process inventory
Finished goods inventory
Activity during current year
Raw materials purchased
Direct labor
$
Factory overhead
Beginning
of Year
$ 6,100
12,200
8,700
123,700
94, 100
39,300
End of Year
$ 7,700
9,100
5,600
Transcribed Image Text:Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] Note: Assume all raw materials were used as direct materials. Inventories Raw materials inventory Work in process inventory Finished goods inventory Activity during current year Raw materials purchased Direct labor $ Factory overhead Beginning of Year $ 6,100 12,200 8,700 123,700 94, 100 39,300 End of Year $ 7,700 9,100 5,600
Required A Required B
Compute total manufacturing costs.
Total manufacturing costs
Prepare a schedule of cost of goods manufactured.
Direct materials
Raw materials inventory, beginning
Schedule of Cost of Goods Manufactured
Raw materials available for use
Factory overhead
Total factory overhead
$
Cost of goods manufactured
$
$
0
0
0
0
Transcribed Image Text:Required A Required B Compute total manufacturing costs. Total manufacturing costs Prepare a schedule of cost of goods manufactured. Direct materials Raw materials inventory, beginning Schedule of Cost of Goods Manufactured Raw materials available for use Factory overhead Total factory overhead $ Cost of goods manufactured $ $ 0 0 0 0
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