Apps f FACEBOOK G GOOGLE YOU TUBE YAHOO G GMAIL STPSBe 2.00 polnts Exercise 3-6

Question

Apps f FACEBOOK G GOOGLE YOU TUBE YAHOO G GMAIL STPSBe 2.00 polnts Exercise 3-6 Schedules of Cost of Goods Manufactured and Cost of G Primare Corporation has provided the following data concerning last month's manufacturing op Purchases of raw materials Indirect materials included in manufacturing overhead $ 4,910 Direct labor Manufacturing overhead applied to work in process $88,000 Underapplied overhead $31,000 $ 59,200 S 4,070 Inventories Raw materials Beginning Ending $ 10,600 $19,100 in process $55,000 $65,500 Finished goods $33800 $42900

Explanation / Answer

1.

2.

Primare Corporation Schedule of cost of goods manufactured Direct materials Beginning raw material inventory $ 10,600 Add: Raw material purchases $ 31,000 Total raw materials available $ 41,600 Less: Ending raw material inventory $ 19,100 Raw material used in production $ 22,500 Less: Indirect material included in manufacturing overhead $    4,910 $    17,590 Direct labour $    59,200 Manufacturing overhead $    88,000 Total manufacturing cost $ 164,790 Add: Beginning work in process inventory $    55,000 Less: Ending work in process inventory $    65,500 Cost of goods manufactured $ 154,290

Related Questions

Navigate

• Browse (All)
• Browse A
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.