Use the information provided for Darwin Company to answer the question that follow. Darwin Company Sales Direct materials used Depreciation on factory equipment Indirect labor Direct labor Factory rent Factory utilities Sales salaries expense Office salaries expense Indirect materials Darwin Company's period costs are Oa. $35,000 Ob. $30,300 Oc. $29,200 Od. $24.500 $76,500 7,300 4,700 5,900 10,500 4,200 1,200 15,600 8,900 1,200

Use the information provided for Darwin Company to answer the question that follow. Darwin Company Sales Direct materials used Depreciation on factory equipment Indirect labor Direct labor Factory rent Factory utilities Sales salaries expense Office salaries expense Indirect materials Darwin Company's period costs are Oa. $35,000 Ob. $30,300 Oc. $29,200 Od. $24.500 $76,500 7,300 4,700 5,900 10,500 4,200 1,200 15,600 8,900 1,200

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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Use the following data to compute total manufacturing costs for the month: Sales commissions Direct labor Indirect materials Factory utilities Indirect labor Depreciation-office equipment Direct materials Corporate office salaries Depreciation-factory equipment Multiple Choice $155,500. $136,100. $52,400. $ 12,600 41,400 17,000 10,800 15,300 6,800 42,300 44,300 9,300 < Prev Q Search 9 of 39
The related data of Jean Grey Company: Direct materials P85,000 Depreciation on factory equipment 12,500 Factory janitor’s salary 12,000 Direct labor 67,800 Utilities for factory 12,500 Selling expenses 28,000 Production supervisor’s salary 20,000 Administrative expenses 35,700 Rent expense - Head office 12,800 Rent expense - Factory 20,000 Depreciation on office equipment 8,500…
The following information is derived from the cost sheet of Al Hood Manufacturing & Trading LLC: Manufacturing overhead RO 5,000 Selling & Distribution overhead RO 2,000 Direct material RO 10,000 Direct expenses RO 4,000 Administration overheads RO 1,000 Direct labor RO 3,000 Use the above information and answer 31 MCQ 31. Calculate the cost of sales that is incurred for Al Hood Manufacturing & Trading LLC. a.RO 23,000 b.RO 8,000 c.RO 22,000 d.RO 25,000
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The following cost data were taken from the records of a manufacturing company: Depreciation on factory equipment Depreciation on sales office Advertising Freight-out Wages of production workers Raw materials used P 1,000,000 500,000 7,000,000 3,000,000 28,000,000 47,000,000 Sales salaries and commissions 10,000,000 2,000,000 Factory rent Factory insurance Supervisor's salary Administrative salaries 500,000 1,500,000 2,000,000 Based upon the above information, the manufacturing costs incurred during the year were?
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Related Data of Clarisse Company: Direct materials 385,000 Dircet Labor 318,900 Indirect materials 12,500 Other factory expenses 35,400 Selling expenses 125,000 Administrative expenses 85,000 Depreciation expense - Head office 20,000 Depreciation expense - factory 30,000 Salaries expense - head office 350,000 Salaries expense - factory officers 200,000 How much is the total period costs?
A company reports the following information: Direct Labor Direct Materials Used Raw Materials Purchased Cost of Goods Manufactured Ending Work-in-Process Inventory Corporate Headquarters' Property taxes Manufacturing Overhead Incurred Calculate the beginning balance of Work-in-Process Inventory O $4,500 O $5,000 O $21.000 59.400 $6,000 3.000 9,000 13,000 1.400 900 400
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Current Attempt in Progress Bramble Corporation incurred the following costs while manufacturing its product. Materials used in product Depreciation on plant Property taxes on store Labor costs of assembly-line workers Factory supplies used (a) Your answer is incorrect. Compute cost of goods manufactured. Cost of goods manufactured LA $100,800 $ 50,400 6,300 92,400 19,400 Advertising expense Property taxes on plant Delivery expense Sales commissions Salaries paid to sales clerks Work in process inventory was $10,100 at January 1 and $13,000 at December 31. Finished goods inventory w 1 and $38,300 at December 31. $37,800 11,800 17,600 29,400 42,000