Manger x My Home x CengageNOWv2 |Online teachin x * CengageNOW2|Online teachin x engagenow.com/im/takeAssignment/takeAssignmentMain.do?invoker-&xtakeAssignmentSessionLocator=&inprogress=false 台 ☆ Paused eBook. Print ttem Income Statement for a Manufacturing Company Two items are omitted from each of the following three lists of cost of goods sold data from a manufacturing company income statement. Determine the amounts of the missing items, identifying them by letter. Finished goods inventory, June 1 $116,600 $38,880 (e) Cost of goods manufactured 825,900 (c) 180,000 Cost of finished goods available for sale (a) $540,000 $1,100,000 Finished goods inventory, June 30 130,000 70,000 (F) (b) (d) $945,000 Cost of goods sold a. 16 b. 5.17 C. d. e. 1. (Previous Next Check My Work 3 more Check My Wotk uses remaining Save and Ex Submit Assigment for Grading Progress: 5/8 items All work saved. 103 AM AssignmentL Score: 10.28% 36'F Sunny ^DO e d INE

Manger x My Home x CengageNOWv2 |Online teachin x * CengageNOW2|Online teachin x engagenow.com/im/takeAssignment/takeAssignmentMain.do?invoker-&xtakeAssignmentSessionLocator=&inprogress=false 台 ☆ Paused eBook. Print ttem Income Statement for a Manufacturing Company Two items are omitted from each of the following three lists of cost of goods sold data from a manufacturing company income statement. Determine the amounts of the missing items, identifying them by letter. Finished goods inventory, June 1 $116,600 $38,880 (e) Cost of goods manufactured 825,900 (c) 180,000 Cost of finished goods available for sale (a) $540,000 $1,100,000 Finished goods inventory, June 30 130,000 70,000 (F) (b) (d) $945,000 Cost of goods sold a. 16 b. 5.17 C. d. e. 1. (Previous Next Check My Work 3 more Check My Wotk uses remaining Save and Ex Submit Assigment for Grading Progress: 5/8 items All work saved. 103 AM AssignmentL Score: 10.28% 36'F Sunny ^DO e d INE

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Description: Manger xMy Homex CengageNOWv2 |Online teachin x* CengageNOW2|Online teachin xengagenow.com/im/takeAssignment/takeAssignmentMain.do?invoker-&xtakeAssignmentSessionLocator=&inprogress=false台 ☆PausedeBook.Print ttemIncome Statement for a Manufacturing

Quickbooks Online Accounting

3rd Edition

ISBN:9780357391693

Author:Owen

Publisher:Owen

Chapter3: Setting Up A New Company

Section: Chapter Questions

Problem 2.3C

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Info from image "ACC PT1" can be applied to image "ACC PT2" and (b) below is ssociated with image "ACC PT2" (b) Why is the amount of underapplied (overapplied) manufacturing overhead different from Requirement 2 above? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answers and double click the box with the question mark to empty the box for a wrong answers. Any boxes left with a question mark will be automatically graded as incorrect.) check all that apply The predetermined overhead rate changed.unanswered The change in the actual manufacturing overhead cost directly resulted in a comparable change in the amount of underapplied (overapplied) manufacturing overhead.unanswered The change in the estimated total amount of the allocation base affected the amount of manufacturing overhead applied.unanswered
Kindly answer the two question. NO EXPLANATION NEEDED. Thankyou1. Choose the right answer. No 1. When raw materials are issued to production, these will become part of work in process inventory. Raw materials Inventory account reflects the cost of materials and factory supplies that will be used in the manufacturing process. No 2. Conversion cost is composed of direct labor and overhead cost a. Both are true b. Both are false c. Only No. 1 is true d. Only No. 2 is true 2. Choose the right answer. No 1. When goods are sold, their cost is debited to Cost of goods sold. No 2. Work in process account pertains to inventory not yet completed or needs further processing. When completed, Work in process account is debited. a. Both are true b. Both are false c. Only No. 1 is true d. Only No. 2 is true
The manufacturing operations of Cullumber, Inc. had the followInventoriesRaw MaterialsWork in ProcessFinished GoodsJanuary 1Cost of goods sold$15.36026,88017,920GA$January 31Cullumber transferred $371,200 of completed goods out of WoCompute the cost of goods sold.Tavthook and Media$16.64029,44020,480 Please don't provide solutions in an image format thank you
Value chain classifications Match each of the following cost items with the value chain business function where you would expect the cost to be incurred: Business Function Cost Item Answera. Research and development 1. Labor time to repair products under warrantyb. Design 2. TV commercial spotsc. Production 3. Labor costs of fi lling customer ordersd. Marketing 4. Testing of competitor’s producte. Distribution 5. Direct manufacturing labor costsf. Customer service 6. Development of order tracking system forthe Internet7. Printing cost of new product brochures8. Hours spent designing childproof bottles9. Training costs for representatives to staff the customer call center10. Installation of robotics equipment in manufacturing plant
Answer complete question please please answer within the format by providing formula the detailed workingPlease provide answer in text (Without image)Please provide answer in text (Without image)Please provide answer in text (Without image) The Foundational 15 (Algo) [LO11-2, LO11-3, LO11-4, LO11-5, LO11-6] Skip to question [The following information applies to the questions displayed below.] Cane Company manufactures two products called Alpha and Beta that sell for $175 and $135, respectively. Each product uses only one type of raw material that costs $5 per pound. The company has the capacity to annually produce 117,000 units of each product. Its average cost per unit for each product at this level of activity are given below: Alpha Beta Direct materials $ 40 $ 15 Direct labor 30 30 Variable manufacturing overhead 18 16 Traceable fixed manufacturing overhead 26 29 Variable selling expenses 23 19 Common fixed expenses 26 21 Total cost per unit $ 163 $…
** Please don't use hand writing and don't copy and paste *** I want new and unique answer .. Thank you ACT 301 Q2. RCR has two support departments, X1 and X2, and two operating departments, Z1 and Z2. RCR has decided to use the direct method and allocate variable X1 dept. costs based on the number of transactions and fixed X1 dept. costs based on the number of employees. X2 dept. variable costs will be allocated based on the number of service requests and fixed costs will be allocated based on the number of computers. The following information is provided: Support Departments Operating Departments X1 X2 Z1 Z2 Total Department variable costs 12,500 15,000 95,000 52,500 Total department fixed costs 14,500 27,500 105,000 45,000 Number of transactions 38 45 175 112 Number of employees 14 18 38 30 Number of service requests 30 18 38 25 Number of computers 15 20 25 30 You are…
Referring to the question E2-26A in the textbook named Managerial Accounting by Pearson- 5th edition. The expenses named “ insurance on plant, depreciation-plant building and equipment and repairs and maintenance-plant “, how can we identify they are not a kind of indirect costs of manufacturing? For instance, insurance on plant is obvious an expenses because of manufacturing the product. Plus, What is the purpose of the question mention- Assume that the RM inventory contains only direct materials? Please instruct. Appreciated
Value chain classifications Match each of the following cost items with the value chain business function where you would expect the cost to be incurred: Business Function Cost Item Answera. Research and development 1. Purchase of raw materialsb. Design 2. Advertisingc. Production 3. Salary of research scientistsd. Marketing 4. Shipping expensese. Distribution 5. Reengineering of product assembly processf. Customer service 6. Replacement parts for warranty repairs7. Manufacturing supplies8. Sales commissions9. Purchase of CAD (computer-aideddesign) software10. Salary of website designer
COGS??? COGM??? Total manufacturing costs Please don't give solution in an image format thanku
PLEASE I NEED FROM THE COGM SCHEDULE: BEGGINING WORK IN PROCESS INVENTORY TOTAL MANUFACTURING COSTST O ACCOUNT FOR AND COST OF GOODS MANUFACTURED I just asked this question a while ago and Idk from where they took a different data to sole the problem. please check the data before giving back an answer because it seem that the prevoius person took the answers from a similar problem without checking if the info matches with the question that I am aking for. Thank you
The question at hand is (b) below. The images attached are to help anmswer (b). Thank you. :) (b) Why is the amount of underapplied (overapplied) manufacturing overhead different from Requirement 2 above? (You may select more than one answer.) check all that apply The predetermined overhead rate changed.unanswered The change in the actual manufacturing overhead cost directly resulted in a comparable change in the amount of underapplied (overapplied) manufacturing overhead.unanswered The change in the estimated total amount of the allocation base affected the amount of manufacturing overhead applied.
32 S1: When raw materials are requisitioned and placed into production, the Raw Materials Inventory account is debited.S2: Over-applied overhead that is material in amount is closed to the Cost of Sales account at year-end. Group of answer choices False; False True; True True; False False; True