Business

Business, 03.08.2019 02:30, des2962

In july, noel & vang company purchased materials costing $23,100 and incurred direct labor cost of $19,800. manufacturing overhead totaled $35,200 for the month. information on inventories was as follows: july 1 july 31 materials $6,820 $7,810 work in process 770 1,320 finished goods 3,630 2,970 what was the total manufacturing costs in july? a. $77,110 b. $71,000 c. $50,000 d. $69,600

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Business, 21.06.2019 14:00, monique69

Njuly, noel & vang company purchased materials costing $23,100 and incurred direct labor cost of $19,800. manufacturing overhead totaled $35,200 for the month. information on inventories was as follows: july 1 july 31 materials $6,820 $7,810 work in process 770 1,320 finished goods 3,630 2,970 what was the cost of goods sold for july? a. $71,300 b. $71,100 c. $69,600 d. $77,220

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Business, 26.06.2019 16:40, Gearyjames8

In july, noel & vang company purchased materials costing $23,100 and incurred direct labor cost of $19,800. manufacturing overhead totaled $35,200 for the month. information on inventories was as follows: july 1 july 31 materials $6,820 $7,810 work in process 770 1,320 finished goods 3,630 2,970 if noel & vang company sold 10,300 units during july and its gross margin totaled $32,780, what was the sales price per unit? (note: round answer to two decimal places.) a. $10.11 b. $9.94 c. $10.09 d. $10.68

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Business, 16.07.2019 01:20, shawnnoteman1234

Parker corporation uses a job-order costing system and applies manufacturing overhead to jobs using a predetermined overhead rate based on direct labor-hours. last year manufacturing overhead and direct labor-hours were estimated at $113,820 and 27,100 hours, respectively, for the year. in june, job #461 was completed. materials costs on the job totaled $5,700 and labor costs totaled $3,149 at $6.70 per hour. at the end of the year, it was determined that the company worked 31,600 direct labor-hours for the year and incurred $122,670 in actual manufacturing overhead costs. required: a. job #461 contained 100 units. determine the unit product cost that would appear on the job cost sheet. b. determine the underapplied or overapplied overhead for the year.

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Business, 07.10.2019 17:00, dani3112

Crawford corporation incurred the following transactions. 1. purchased raw materials on account $46,300. 2. raw materials of $36,000 were requisitioned to the factory. an analysis of the materials requisition slips indicated that $6,800 was classifi ed as indirect materials. prepare entries for manufacturing and nonmanufacturing costs. (lo 1, 2, 3, 4), ap job cost sheet job no. 469 quantity 2,500 item white lion cages date requested 7/2 for todd company date completed 7/31 direct direct manufacturing date materials labor overhead 7/10 700 12 900 15 440 550 22 380 475 24 1,600 27 1,500 31 540 675 cost of completed job: direct materials direct labor manufacturing overhead total cost unit cost exercises 79 3. factory labor costs incurred were $59,900, of which $51,000 pertained to factory wages payable and $8,900 pertained to employer payroll taxes payable. 4. time tickets indicated that $54,000 was direct labor and $5,900 was indirect labor. 5. manufacturing overhead costs incurred on account were $80,500. 6. depreciation on the company’s offi ce building was $8,100. 7. manufacturing overhead was applied at the rate of 150% of direct labor cost. 8. goods costing $88,000 were completed and transferred to fi nished goods. 9. finished goods costing $75,000 to manufacture were sold on account for $103,000. instructions journalize the transactions. (omit explanations.)

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