Business, 05.02.2021 21:50, Pingkay7111

An incomplete cost of goods manufactured schedule is presented below. Complete the cost of goods manufactured schedule for Hobbit Company. HOBBIT COMPANY
Cost of Goods Manufactured Schedule December 31, 2020
Work in process (1/1) $211,000
Direct materials
Raw materials inventory (1/1)
Add: Raw materials purchases 159,000
Total raw materials available for use
Less: Raw materials inventory (12/31) 22,100
Direct materials used $181,000
Direct labor Manufacturing overhead
Indirect labor 18,100
Factory depreciation 36,100
Factory utilities 68,100
Total overhead 122,300
Total manufacturing costs
Total cost of work in process
Less: Work in process (12/31) 81,100
Cost of goods manufactured $541,000

Answers: 2

Show answers

Other questions on the subject: Business

Business, 22.06.2019 00:00, famouzgal

Ok, so, theoretical question: if i bought the mona lisa legally, would anyone be able to stop me from eating it? why or why not?

Answers: 1

continue

Business, 22.06.2019 11:50, tre9990

The smelting department of kiner company has the following production and cost data for november. production: beginning work in process 3,700 units that are 100% complete as to materials and 23% complete as to conversion costs; units transferred out 10,500 units; and ending work in process 8,100 units that are 100% complete as to materials and 41% complete as to conversion costs. compute the equivalent units of production for (a) materials and (b) conversion costs for the month of november. materials conversion costs total equivalent units

Answers: 1

continue

Business, 22.06.2019 13:10, jameahkitty123

bradford, inc., expects to sell 9,000 ceramic vases for $21 each. direct materials costs are $3, direct manufacturing labor is $12, and manufacturing overhead is $3 per vase. the following inventory levels apply to 2019: beginning inventory ending inventory direct materials 3,000 units 3,000 units work-in-process inventory 0 units 0 units finished goods inventory 300 units 500 units what are the 2019 budgeted production costs for direct materials, direct manufacturing labor, and manufacturing overhead, respectively?

Answers: 2

continue

Business, 22.06.2019 19:30, Ruby2480

One of the benefits of a well designed ergonomic work environment is low operating costs is true or false

Answers: 3

continue

Do you know the correct answer?

An incomplete cost of goods manufactured schedule is presented below. Complete the cost of goods man...