Reference no: EM133162150
Question - Conrad, Incorporated recently lost a portion of its records in an office fire. The following information was salvaged from the accounting records.
Cost of Goods Sold $72,000
Work-in-Process Inventory, Beginning 13,300
Work-in-Process Inventory, Ending 10,400
Selling and Administrative Expense 18,500
Finished Goods Inventory, Ending 18,850
Finished Goods Inventory, Beginning ?
Direct Materials Used ?
Factory Overhead Applied 13,400
Operating Income 14,770
Direct Materials Inventory, Beginning 11,630
Direct Materials Inventory, Ending 6,490
Cost of Goods Manufactured 66,580
Direct labor cost incurred during the period amounted to 1.5 times the factory overhead. The Chief Financial Officer of Conrad, Incorporated has asked you to recalculate the following accounts and to report to him by the end of the day. What is the amount of total manufacturing cost?
What is amount of the discount on these bonds at issuance
: Stanford issues bonds dated January 1, 2021, with a par value of $254.000. What is the amount of the discount on these bonds at issuance
|
Compute the budgeted cash collections for february
: Historically, 20% of sales are collected in the month of sale, 70% is collected the month after the sale, Compute the budgeted cash collections for February
|
What amount would be reported in the statement of cash flows
: Pickering reported insurance expense of $19,000 on the 2021 income statement. What amount would be reported in the statement of cash flows
|
What were the sales growth rates
: The company uses the prior two? years' average growth rate to predict the coming? year's sales. What were the sales growth rates for 2012 and? 2013
|
What is the amount of total manufacturing cost
: Direct labor cost incurred during the period amounted to 1.5 times the factory overhead. What is the amount of total manufacturing cost
|
What is the amount of net sales
: Direct labor cost incurred during the period amounted to 1.5 times the factory overhead. What is the amount of net sales
|
What is the contribution margin per unit sold
: Given a normal selling price per unit of $1,110, what is the contribution margin per unit sold for recurring (i.e., normal) sales
|
Prepare the journal entries for waterway
: Waterway completes installation on October 15, 2020, and the customer pays the balance due. Prepare the journal entries for Waterway in 2020
|
Calculate the company cost of capital
: GMA Inc. is contemplating spending $25 million to expand its mining operation, Calculate the company cost of capital
|