The following calendar-year information is taken from the adjusted trial balance and other records of Dahlia Company. Advertising expense . $ 19,125 Depreciation expense—Office equipment 8,750 Depreciation expense—Selling equipment . 10,000 Depreciation expense—Factory equipment 32,500 Factory supervision . 122,500 Factory supplies used (indirect materials) 15,750 Factory utilities 36,250 Inventories Raw materials, beginning 177,500 Raw materials, ending 168,125 Work in process, beginning . 15,875 Work in process, ending . 14,000 Finished goods, beginning . 164,375 Finished goods, ending 129,000 Direct labor $ 650,750 Indirect labor 60,000 Miscellaneous production costs . . . . . . . . . . . . . 8,500 Office salaries expense . 100,875 Raw materials purchases (direct materials) . 872,500 Rent expense—Office space 21,125 Rent expense—Selling space . 25,750 Rent expense—Factory building 79,750 Maintenance expense—Factory equipment 27,875 Sales . 3,275,000 Sales discounts . 57,500 Sales salaries expense 286,250 Required 1. Each team member is to be responsible for computing one of the following amounts. You are not to duplicate your teammates’ work. Get any necessary amounts from teammates. Each member is to explain the computation to the team in preparation for reporting to class. a. Direct materials used d. Total cost of work in process b. Factory overhead e. Cost of goods manufactured c. Total manufacturing costs 2. Check your cost of goods manufactured amount with the instructor. If it is correct, proceed to part 3. 3. Each team member is to be responsible for computing one of the following amounts. You are not to duplicate your teammates’ work. Get any necessary amounts from teammates. Each member is to explain the computation to the team in preparation for reporting to class. a. Net sales d. Total operating expenses b. Cost of goods sold e. Net income or loss before taxes c. Gross profit
The following calendar-year information is taken from the adjusted
records of Dahlia Company. Advertising expense . $ 19,125
Depreciation expense—Selling equipment . 10,000
Depreciation expense—Factory equipment 32,500
Factory supervision . 122,500
Factory supplies used (indirect materials) 15,750
Factory utilities 36,250
Inventories
Raw materials, beginning 177,500
Raw materials, ending 168,125
Work in process, beginning . 15,875
Work in process, ending . 14,000
Finished goods, beginning . 164,375
Finished goods, ending 129,000
Direct labor $ 650,750
Indirect labor 60,000
Miscellaneous production costs . . . . . . . . . . . . . 8,500
Office salaries expense . 100,875
Raw materials purchases (direct materials) . 872,500
Rent expense—Office space 21,125
Rent expense—Selling space . 25,750
Rent expense—Factory building 79,750
Maintenance expense—Factory equipment 27,875
Sales . 3,275,000
Sales discounts . 57,500
Sales salaries expense 286,250
Required
1. Each team member is to be responsible for computing one of the following amounts. You are not to
duplicate your teammates’ work. Get any necessary amounts from teammates. Each member is to
explain the computation to the team in preparation for reporting to class.
a. Direct materials used d. Total cost of work in process
b. Factory
c. Total
2. Check your cost of goods manufactured amount with the instructor. If it is correct, proceed to part 3.
3. Each team member is to be responsible for computing one of the following amounts. You are not to
duplicate your teammates’ work. Get any necessary amounts from teammates. Each member is to
explain the computation to the team in preparation for reporting to class.
a. Net sales d. Total operating expenses
b. Cost of goods sold e. Net income or loss before taxes
c. Gross profit
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