Reference no: EM132541523
A Corporation incurred the following costs while manufacturing its product.
Materials used in product $ 90,000 Advertising expense $45,000
Depreciation on plant 60,000 Property taxes on plant 19,000
Property taxes on store 7,500 Delivery expense 21,000
Labor costs of assembly-line workers 110,000 Sales commissions 35,000
Factory supplies used 23,000 Salaries paid to sales clerks 50,000
Work-in-process inventory was $22,000 at January 1 and $15,500 at December 31. Finished goods inventory was $65,000 at January 1 and $55,600 at December 31.
Instructions
Question (a) make a formal schedule of the Cost of Goods Manufactured.
Question (b) Compute cost of goods sold.
|
Casino security program
: Comparing the relationship between access control, physical design, surveillance, and cybersecurity components of a large casino security program.
|
|
Security executive management
: What would you tell the University Dean? Does the Project Manager's personal situation have any effect on you decision?
|
|
Is each recommendation being addressed
: Is each recommendation being addressed? Based on your analysis of the website, how would you describe your state's progress toward meeting the IOM.
|
|
Determine the total factory overhead amount applied
: Determine the total factory overhead amount applied. Calculate the over or under applied amount for the year. Prepare the journal entry.
|
|
Make a formal schedule of the cost of goods manufactured
: Make a formal schedule of the Cost of Goods Manufactured. Work-in-process inventory was $22,000 at January 1 and $15,500 at December 31.
|
|
Describe the emergency plan for the older adult
: Identify what is necessary for emergency supplies to have on hand for a healthy older adult. Consider visiting with an older family member or friend to.
|
|
Legal liability
: Officer Harris, a police officer in Kansas, violated a court order by refusing to arrest Frank, a husband against whom a restraining order had been issued
|
|
Determine the total amount of product costs
: Determine the total amount of Manufacturing overhead, Product costs and Period costs. Depreciation on factory,Depreciation on delivery trucks
|
|
What are the implications for effectiveness
: What are the implications for effectiveness, efficiency, and the patient for each of your examples. Basically, provide an example of underuse, overuse.
|