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The following is provided for a manufacturing company. Finished goods inventory, beginning Work in process inventory, beginning Raw materials inventory, beginning Rental cost on factory equipment Direct labor Finished goods inventory, ending Work in process inventory, ending Raw materials inventory, ending Factory utilities General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Enter answers for each of the following tabs. Required 1 Required 2 Required 3. $ 13,500 19,300 9,890 33,700 21,650 17,750 23,650 7,590 11,550 24,950 11,400 6,590 36,950 58,600 Compute direct materials used. Hint: All raw materials were used as direct materials

The following is provided for a manufacturing company. Finished goods inventory, beginning Work in process inventory, beginning Raw materials inventory, beginning Rental cost on factory equipment Direct labor Finished goods inventory, ending Work in process inventory, ending Raw materials inventory, ending Factory utilities General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Enter answers for each of the following tabs. Required 1 Required 2 Required 3. $ 13,500 19,300 9,890 33,700 21,650 17,750 23,650 7,590 11,550 24,950 11,400 6,590 36,950 58,600 Compute direct materials used. Hint: All raw materials were used as direct materials

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The following is provided for a manufacturing company. Finished goods inventory, beginning Work in process inventory, beginning Raw materials inventory, beginning Rental cost on factory equipment Direct labor Finished goods inventory, ending Work in process inventory, ending Raw materials inventory, ending Factory utilities General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Enter answers for each of the following tabs. Direct materials Raw materials available for use $ 13,500 19,300 Required 1 Required 2 Required 3 Compute direct materials used. Hint: All raw materials were used as direct materials. Direct materials used 9,890 33,700 21,650 17,750 23,650 7,590 11,550 24,950 11,400 6,590 36,950 58,600
Transcribed Image Text:The following is provided for a manufacturing company. Finished goods inventory, beginning Work in process inventory, beginning Raw materials inventory, beginning Rental cost on factory equipment Direct labor Finished goods inventory, ending Work in process inventory, ending Raw materials inventory, ending Factory utilities General and administrative expenses Indirect labor Repairs-Factory equipment Raw materials purchases Selling expenses Enter answers for each of the following tabs. Direct materials Raw materials available for use $ 13,500 19,300 Required 1 Required 2 Required 3 Compute direct materials used. Hint: All raw materials were used as direct materials. Direct materials used 9,890 33,700 21,650 17,750 23,650 7,590 11,550 24,950 11,400 6,590 36,950 58,600
Enter answers for each of the following tabs. Required 1 Required 2 Required 3 Compute factory overhead costs. Factory overhead Total factory overhead Required 1 Required 2 Required 3 Compute total manufacturing costs. Total manufacturing costs < Required 1 < Required 2 R Required
Transcribed Image Text:Enter answers for each of the following tabs. Required 1 Required 2 Required 3 Compute factory overhead costs. Factory overhead Total factory overhead Required 1 Required 2 Required 3 Compute total manufacturing costs. Total manufacturing costs < Required 1 < Required 2 R Required
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