Incurred manufacturing overhead costs as follows indirect

Reference no: EM13596733

During the month of January, Garcia Manufacturing began production on Jobs 51 and 52, and completed Jobs 50 and 51. Jobs 49 and 50 were also sold on account during the month for $122,000 and $158,000, respectively. The following additional events occurred during the month.
1. Purchased additional raw materials of $90,000 on account.

2. Incurred factory labor costs of $65,000. Of this amount $16,000 related to employer payroll taxes.

3. Incurred manufacturing overhead costs as follows: indirect materials $17,000; indirect labor $15,000; depreciation expense $19,000, and various other manufacturing overhead costs on account $20,000.

Reference no: EM13596733

Questions Cloud

Cash sales of 83825 on may 12 were deposited in the bank : on may 31 2008 james logan company had a cash balance per books of 6648.21. the bank statement from farmers state bank

Harry was experiencing financial difficulties and could not : harry was experiencing financial difficulties and could not make the mortgage payments on his home. the mortgage holder

Schrader inc uses a budgeted factory-overhead rate to apply : schrader inc uses a budgeted factory-overhead rate to apply overhead to production. the following data are available

Your client controls the existence and occurrence of sales : your client controls the existence and occurrence of sales by having the computer program match the information

Incurred manufacturing overhead costs as follows indirect : during the month of january garcia manufacturing began production on jobs 51 and 52 and completed jobs 50 and 51. jobs

Larsen corporation reported 100000 in revenues in its 2010 : larsen corporation reported 100000 in revenues in its 2010 financial statements of which 44000 will not be included in

Armstrong corporation reported the following for 2012 net : armstrong corporation reported the following for 2012 net sales 1200000 cost of goods sold for 720000 selling and

On january 1 2002 abc company purchased equipment for : on january 1 2002 abc company purchased equipment for 100000. the equipment was assigned an estimated life of 10 years

What will be the total relevant cost of 15400 units if they : troy engines ltd. manufactures a variety of engines for use in heavy equipment. the company has always produced all of

User Account

All Pages