Business

Business, 26.07.2019 16:10, macho123

Stock (1.1.2016)
raw materials 200k, work-in-progress 120k,
finished goods 420k,
purchases 2,360,000
sales 443
office rent 80k
factory rent 170k
electricity: factory 98k, electricity: office 19.5k
machinery 1,700,000
furniture: office 240k
factory wages 430k
factory salaries 150k
office salaries 260k,
carraige outwards 85k
stock (31.12.2016)
raw materials 185k, work-in-progress 90k
finished goods 290k
depreciate machinery and furniture by 7 1/2% and 10% respectively
you are required to calculate the manufacturing, profit or loss account

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Business, 27.08.2019 20:30, mirmir62

The following calendar year-end information is taken from the december 31, 2017, adjusted trial balance and other records of leone company. advertising expense $ 27,500 direct labor $ 694,100 depreciation expense—office equipment 9,600 income taxes expense 299,200 depreciation expense—selling equipment 10,700 indirect labor 55,800 depreciation expense—factory equipment 30,100 miscellaneous production costs 10,700 factory supervision 145,600 office salaries expense 67,000 factory supplies used 8,700 raw materials purchases 960,000 factory utilities 40,000 rent expense—office space 26,000 inventories rent expense—selling space 28,400 raw materials, december 31, 2016 158,900 rent expense—factory building 79,100 raw materials, december 31, 2017 176,000 maintenance expense—factory equipment 38,400 work in process, december 31, 2016 19,200 sales 4,596,400 work in process, december 31, 2017 21,600 sales salaries expense 390,100 finished goods, december 31, 2016 163,600 finished goods, december 31, 2017 136,700 required: prepare the company’s 2017 schedule of cost of goods manufactured.

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Business, 20.09.2019 17:10, michaelishawilliams

Prepare income statements (learning objective 5) part one: in 2015, patsy jackson opened patsy’s posies, a small retail shop selling floral arrangements. on december 31, 2016, her accounting records show the following: sales revenue $53,000 utilities for shop $ 1,100 inventory on december 31, 2016 $ 9,100 inventory on january 1, 2016 $12,000 rent for shop $ 4,600 sales commissions $ 4,000 purchases of merchandise $36,000 requirement prepare an income statement for patsy’s posies, a merchandiser, for the year ended december 31, 2016. part two: patsy’s posies was so successful that patsy decided to manufacture her own brand of floral supplies: floral city manufacturing. at the end of december 2017, her accounting records show the following: utilities for plant $4,900 delivery expense $1,500 sales salaries expense $4,300 plant janitorial services $1,350 work in process inventory, december 31, 2017 $5,000 finished goods inventory, december 31, 2016 0 finished goods inventory, december 31, 2017 $2,500 sales revenue $104,000 customer service hotline expense $1,400 direct labor $23,000 direct material purchases $ 30,000 rent on manufacturing plant $9,600 raw materials inventory, december 31, 2016 $ 14,000 raw materials inventory, december 31, 2017 $8,000 work in process inventory, december 31, 2016 0

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Business, 21.09.2019 04:30, ciarrap552

The following selected account balances are provided for delray mfg. sales $ 1,217,000 raw materials inventory, dec. 31, 2016 44,000 work in process inventory, dec. 31, 2016 53,600 finished goods inventory, dec. 31, 2016 68,900 raw materials purchases 156,900 direct labor 237,000 factory computer supplies used 16,300 indirect labor 41,000 repairs—factory equipment 5,250 rent cost of factory building 51,000 advertising expense 97,000 general and administrative expenses 142,000 raw materials inventory, dec. 31, 2017 42,700 work in process inventory, dec. 31, 2017 41,000 finished goods inventory, dec. 31, 2017 66,400 prepare an income statement for delray mfg. (a manufacturer).

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Business, 30.10.2019 00:31, cjade7660

Required information the following selected account balances are provided for delray mfg. sales $ 1,250,000 raw materials inventory, dec. 31, 2016 37,000 work in process inventory, dec. 31, 2016 53,900 finished goods inventory, dec. 31, 2016 62,750 raw materials purchases 175,600 direct labor 225,000 factory computer supplies used 17,840 indirect labor 47,000 repairs—factory equipment 5,250 rent cost of factory building 57,000 advertising expense 94,000 general and administrative expenses 129,300 raw materials inventory, dec. 31, 2017 42,700 work in process inventory, dec. 31, 2017 41,500 finished goods inventory, dec. 31, 2017 67,300 prepare its schedule of cost of goods manufactured for the year ended december 31, 2017.

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Stock (1.1.2016)
raw materials 200k, work-in-progress 120k,
finished goods 420k,
pu...

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