Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Johnstone Manufacturing Company for the month ended March 31 are as follows: Inventories March 1 March 31 Materials $130,000 $115,700 Work in process 88,400 78,680 Finished goods 67,600 78,680 Direct labor $234,000 Materials purchased during March 249,600 Factory overhead incurred during March: Indirect labor 24,960 Machinery depreciation 15,080 Heat, light, and power 5,200 Supplies 4,160 Property taxes 3,640 Miscellaneous costs 6,760 a. Prepare a cost of goods manufactured statement for March. Johnstone Manufacturing Company Statement of Cost of Goods Manufactured For the Month Ended March 31 $ Direct materials: $ $ $ Factory overhead: $ Total factory overhead Total manufacturing costs incurred during March Total manufacturing costs $ Cost of goods manufactured $ b. Determine the cost of goods sold for March. $
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Business, 22.06.2019 13:50, 2023apd
Diamond motor car company produces some of the most luxurious and expensive cars in the world. typically, only a single dealership is authorized to sell its cars in certain major cities. in less populous areas, diamond authorizes a single dealer for an entire state or region. the manufacturer of diamond automobiles is using a(n) distribution strategy for its product.
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Business, 22.06.2019 22:40, gracebuffum
In a fixed-term, level-payment reverse mortgage, sometimes called a reverse annuity mortgage, or ram, a lender agrees to pay the homeowner a monthly payment, or annuity, and expects to be repaid from the homeowner’s equity when he or she sells the home or obtains other financing to pay off the ram. consider a household that owns a $150,000 home free and clear of mortgage debt. the ram lender agrees to a $100,000 ram for 10 years at 6 percent. assume payments are made annually, at the beginning of each year to the homeowner. calculate the annual payment on the ram.
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Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Johnstone Manufact...
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