The following is selected financial data from Turtle Bay Manufacturing for the most recent year: Ending raw materials inventory Ending work in process inventory Ending finished goods inventory Amount of under-allocated manufacturing overhead Cost of goods sold for year Cost of raw materials purchased during year Cost of direct materials requisitioned during year Cost of indirect materials requisitioned during year Cost of goods completed during year Manufacturing overhead allocated Manufacturing overhead % of direct labor cost What is the beginning raw materials inventory? a. $27,000 b. $51,500 c. $19,800 d. $5,800 $ 21,200 $ 44,900 $ 53,200 $5,100 $ 85,500 $ 45,700 $ 44,300 $ 7,200 $ 1,20,200 $ 60,400 135%

The following is selected financial data from Turtle Bay Manufacturing for the most recent year: Ending raw materials inventory Ending work in process inventory Ending finished goods inventory Amount of under-allocated manufacturing overhead Cost of goods sold for year Cost of raw materials purchased during year Cost of direct materials requisitioned during year Cost of indirect materials requisitioned during year Cost of goods completed during year Manufacturing overhead allocated Manufacturing overhead % of direct labor cost What is the beginning raw materials inventory? a. $27,000 b. $51,500 c. $19,800 d. $5,800 $ 21,200 $ 44,900 $ 53,200 $5,100 $ 85,500 $ 45,700 $ 44,300 $ 7,200 $ 1,20,200 $ 60,400 135%

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter3: Process Cost Systems

Section: Chapter Questions

Problem 15E: Costs per equivalent unit and production costs Based on the data in Exercise 17-14, determine the...

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