How amy company cost of goods manufactured for the year

Assignment Help Managerial Accounting
Reference no: EM132565285

Use the following information about Amy Company as follows:

                                                  RM

Beginning raw materials inventory 15,200

Beginning goods in process inventory 22,400

Ending raw materials inventory 16,600

Ending goods in process inventory 28,000

Direct labor 42,800

Total factory overhead 30,000

Raw material purchases 60,000

Question 1: All raw materials used were traceable to specific batches of product. Amy Company's cost of goods manufactured for the year is:

A. RM125,800.

B. RM128,600.

C. RM131,400.

D. RM137,000.

Reference no: EM132565285

Questions Cloud

The role of corrections in the community : You have been asked to participate in a local radio program to address the role of corrections in the community.
How does balance scorecard improve the performance : Draw strategy map that illustrates the likely causal relationship among the strategic? How does balance scorecard improve the performance
Presentation-corrections and rehabilitation : create a presentation to share what you learned with the department. It is important that you provide sufficient detail in the presenter notes on each slide.
What is the payback period for the flexible manufacturing : Barker Production Company, What is the payback period for the flexible manufacturing system? What is the NPV for the flexible manufacturing system?
How amy company cost of goods manufactured for the year : All raw materials used were traceable to specific batches of product. How Amy Company's cost of goods manufactured for the year is
Compare three different alternatives to incarceration : Compare 3 different alternatives to incarceration that can be offered to a youthful offender, such as boot camps, community service activities, and restitution.
What would be the result : What would be the result if the top management of Ted Company insists that Division X purchase from Division Y at a transfer price of $100 per unit
Which items appears only in a manufacturing company : Which items appears only in a manufacturing company's financial statements? What The goal of managerial accounting is to provide the information
Plant hormones regulate development : Many mechanisms control seed germination. This is necessary for the growth and development of new plant. What would happen if a seed germinated

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd