Company A Company B Company C Cash Net Sales Revenue Wages Experse $ 12 Administrative Expenses 48 32 Cash 25 Equipment Finished Goods Inventory Cost of Goods Sold Selling Expenses Equipment 10 Accounts Receivable 23 Service Revenue Net Sales Revenue 75 65 Selling Expenses 34 Merchandise Inventory 12 Cash Rent Expense 67 12 55 work-in-Process Inventory Accounts Recelvable Equipment Accounts Receivable 19 14 23 Cost of Goods Sold 25 Cost of Goods Manufactured Administrative Expenses Raw Materials Inventory

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A manufacturer reports the information below. Finished goods inventory, beginning Finished goods inventory, ending Depreciation on factory equipment Direct labor Indirect labor Factory utilities Selling expenses Direct materials used Indirect materials used Office rent expense Work in process inventory, beginning Work in process inventory, ending Complete this question by entering your answers in the tabs below. Required A Required B Compute cost of goods sold for the period. Goods available for sale Cost of goods sold $ 8,200 9,140 4,800 84,000 36,700 3,200 750 55,900 700 1,200 1,600 2,400 $ 0

Hello, I need help solving this accounting problem.

Vai

The Majors Company collected the following information (in days): Inspecting product Transporting product Storing product Manufacturing product 20 22 31 56 What is the manufacturing cycle efficiency?

Interdepartment Services: Step Method O'Brian's Department Stores allocates the costs of the Personnel and Payroll departments to three retail sales departments, Housewares, Clothing, and Furniture. In addition to providing services to the operating departments, Personnel and Payroll provide services to each other. O'Brian's allocates Personnel Department costs on the basis of the number of employees and Payroll Department costs on the basis of gross payroll. Cost and allocation information for June is as follows: Direct department cost Number of employees Gross payroll Personnel Payroll Housewares Clothing Furniture $7,300 $3,800 $12,300 $20,000 $15,650 5 Total costs $ 2 $6,100 $2,800 Payroll 0 (a) Determine the percentage of total Personnel Department services that was provided to the Payroll Department. (Round your answer to one decimal place.) 12.5 X% (b) Determine the percentage of total Payroll Department services that was provided to the Personnel Department. (Round your answer…

a. Prepare a schedule of cost of goods manufactured. b. Prepare an income statement.

Vishnu

Prepare an income statement for Rex Manufacturing for the year ended December 31 using the following information. Hint. Not all information given is needed for the solution. 0 Finished goods inventory, ending General and administrative expenses Accounts receivable Finished goods inventory, beginning Cost of goods manufactured Selling expenses Cash Land Sales. Equipment Cost of goods sold $ 17,900 15,900 19,900 20,900 41,900 13,900 56,900 29,900 95,800 2,900 REX MANUFACTURING Income Statement For Year Ended December 31