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Da Homeworks – 20 x 6 Microsoft Word - xD nordstromi-case xe CUNY OneSearch x C: "Why Do You Thix WileyPLUS X C Chegg study | Gulx G google translate - x Montana + C Secure https://edugen.wileyplus.com/edugen/student/mainfr.uni Q WileyPLUS: MyWileyPLUS | Help I Contact Us | Log out Weygandt, Accounting Principles, 12e Principles of Accounting 12e (ACC 171/272) WileyPLUS Home Read, Study & Practice Assignment Gradebook ORION Downloadable eTextbook Assignment > Open Assignment FULL SCREEN PRINTER VERSION 1 BACK NEXT ASSIGNMENT RESOURCES Chapter 19 Exercise 19-2 Exercise 19-8 Exercise 19-9 Exercise 19-10 Complete the cost of goods manufactured schedule for Hobbit Company. HOBBIT COMPANY Cost of Goods Manufactured Schedule $215,370 Review Score Review Results by Study Obiective 164,870 27,100 $183,400 Work in process (1/L) Direct materials Raw materials inventory (L/1) Add: Raw materials purchases Total raw materials available for use Less: Raw materials Inventory (12/31) Direct materials used Direct labor Manufacturing overheed Indirect labor Factory depreciation Factory utilities Total overhead Total manufacturing costs Total cost of work in process Less: Work in process (12/31) Cost of goods manufactured 21,960 36,430 71,750 130, 140 88.810 $545,650 License Agreement I Privacy Policy I 2000-2017 John Wiley & Sons, Inc. All Rights Reserved. A Division of John Wiley & Sons, Inc. Version 4.24.2.4

Explanation / Answer

Cost of Goods Manufactured Schedule For the Year Ended December 31, 2017 Work in process (1/1) 215370 Direct materials Raw materials inventory (1/1) 45630 Add: Raw material purchases 164870 Total raw materials available for use 210500 Less: Raw material inventory (12/31) 27100 Direct material used 183400 Direct labor 105550 Manufacturing overhead Indirect labor 21960 Factory depreciation 36430 Factory utilities 71750 Total Overhead 130140 Total manufacturing cost 419090 Total cost of work in process 634460 Less: work in process (12/31) 88810 Cost of goods manufactured 545650

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