Bodin Company manufactures finger splints for kids who get tendonitis from playing video games. The firm had the following inventories at the beginning and end of the month of January. Finished goods Work in process Raw material January 1 January 31 $125,000 $117,000 235,000 251,000 133,000 124,000 The following additional data pertain to January operations. Raw material purchased Direct labor Actual manufacturing overhead Actual selling and administrative expenses $190,000 350,000 175,000 120,000 The company applies manufacturing overhead at the rate of 60 percent of direct-labor cost. Any overapplied or underapplied manufacturing overhead is accumulated until the end of the year.

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The following information pertains to Acme Manufacturing Company for June. Assume actual overhead equaled applied overhead.                                                                     June 1                                June 30 Inventory Balances                                               Raw Materials                            $100,000                               $60,000       Work in Process                           120,000                               145,000       Finished Goods                              78,000                                 80,000   Activity during June:       Raw materials purchased          $120,000       Direct labor costs                         100,000       Manufactured overhead               63,000   Complete the following Schedule of Cost of Goods Manufactured and Sold

Prepare a cost of production report for the Cutting Department of Dalton Carpet Company for January. Use the average cost method to solve for the missing values with the following data: need help doing this report Description Dollar Amount Work in process, January 1, 3,400 units, 75% completed $32,000 Materials added during January from Weaving Department, 64,000 units 369,200 Direct labor 177,000 Factory overhead 89,710 Goods finished during January (includes goods in process, January 1), 63,500 units ? Work in process, January 31, 3,900 units, 10% completed ?

Valdosta Company is working on its costing information for January.   Using normal costing, they use one overhead control account and charges overhead to production at 75% of direct labor cost.  The company does not formally close the account until the end of the year.   The beginning and ending inventories for the month of August are    August 1 August 31 Direct Materials $62,000 $67,000 Work in Process $171,000 $145,000 Finished Goods $78,000 $85,000 Production data for the month of August follows: Direct labor $250,000 Actual manufacturing overhead $195,500 Direct materials purchased $163,000 Transportation in $2,000     Valdosta Company's manufacturing overhead control balance for the month of August is   Group of answer choices $8,000 credit, overapplied $8,000 debit, underapplied $8,000 debit, overapplied $8,000 credit, underapplied

The debits to Work in Process—Assembly Department for April, together with data concerning production, are as follows: April 1, work in process:      Materials cost, 3,000 units $  8,142   Conversion costs, 3,000 units, 40% completed 5,220 Materials added during April, 10,000 units 25,698 Conversion costs during April 32,143 Goods finished during April, 12,000 units 0 April 30 work in process, 1,000 units, 40% completed 0 All direct materials are added at the beginning of the process, and the first-in, first-out method is used to cost inventories. The conversion cost per equivalent unit for April is a.$3.21 b.$2.47 c.$2.80 d.$2.87

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Borchardt Corporation has provided the following data concerning last month’s operations.   Direct materials $29,000 Direct labor $58,000 Manufacturing overhead applied to Work in Process $82,000     Beginning Ending Work in process inventory $66,000 $57,000   How much is the cost of goods manufactured for the month on the Schedule of Cost of Goods Manufactured?   Multiple Choice   A. $235,000   B. $178,000   C.$173,000   D. $169,000