DJV Corporation incurred the following costs while manufacturing its product.   Materials used in product                    $ 120,000 Advertising expense $45,000 Depreciation on plant                               60,000 Property taxes on plant 19,000 Property taxes on store                              7,500 Delivery expense 21,000 Labor costs of assembly-line workers 110,000 Sales commissions 35,000 Factory supplies used                              23,000 Salaries paid to sales clerks 50,000   Work-in-process inventory was $22,000 at January 1 and $15,500 at December 31. Finished goods inventory was $65,000 at January 1 and $50,600 at December 31.   Instructions Compute cost of goods manufactured. Compute cost of goods sold.

Current information for the Healey Company follows:  Beginning raw materials inventory $ 15,700 Raw material purchases 65,000 Ending raw materials inventory 17,100 Beginning work in process inventory 22,900 Ending work in process inventory 28,500 Direct labor 45,300 Total factory overhead 30,500  All raw materials used were direct materials. Healey Company's total manufacturing costs for the year are:

Uhtred Manufacturing had the following transactions in October: Purchased raw materials on account, $58,800. Used materials in production: $21,900 in the Mixing Department; $4,800 in the packaging Department; $920 in indirect materials. Incurred labor costs: $7,500 in the Mixing Department; $4,050 in the Packaging Department; $2,520 in indirect labor. Incurred manufacturing overhead costs: $9,540 in machinery depreciation; paid $2,890 for rent and paid for utilities at a cost of $1,920. Prepare the journal entries for Uhtred Manufacturing.

Mason Company provided the following data for this year: Sales $ 659,000 Direct labor cost $ 82,000 Raw material purchases $ 131,000 Selling expenses $ 101, 000 Administrative expenses $ 48,000 Manufacturing overhead applied to work in process $ 226,000 Actual manufacturing overhead costs $ 202, 000 Inventories Beginning Ending Raw materials $ 8,800 $ 10, 500 Work in process $ 5,100 $ 21,000 Finished goods $ 77,000 $25, 600 Required: Prepare a schedule of cost of goods manufactured. Assume all raw materials used in production were direct materials. Prepare a schedule of cost of goods sold. Assume the company's underapplied or overapplied overhead is closed to Cost of Goods Sold. Prepare an income statement.

Green Company's costs for the month of August are as follows: Direct materials used $27,000 Direct labour $34,000 Sales salaries $14,000 Indirect labour $10,000 Indirect materials $15,000 General corporate administrative costs $12,000 Property taxes on manufacturing facility $2,000 Rent on factory $17.000 The beginning work-in-process inventory is $16,000 and the ending work-in-process inventory is $9,000. What is the cost of goods manufactured for the month? a. $112,000 b. $105,000 C. $132,000 d. $138,000

Glavine Corporation incurred the following costs while manufacturing its product. Materials used in product RM 125,000 Advertising expense RM45,000 Depreciation on plant 60,000 Property taxes on plant 19,000 Property taxes on store 7,500 Delivery expense 21,000 Labor costs of assembly-line workers 110,000 Sales commissions 35,000 Factory supplies used 23,000 Salaries paid to sales clerks 50,000 Work-in-process inventory was RM27,000 at January 1 and RM15,500 at December 31. Finished goods inventory was RM65,000 at January 1 and RM50,600 at December 31. Required: a) Compute cost of goods manufactured. b) Compute cost of goods sold.

Wildhorse Corporation incurred the following costs while manufacturing its product. Materials used in product $127,700 Advertising expense $48,000 Depreciation on plant 63,100 Property taxes on plant 15,000 Property taxes on store 7,740 Delivery expense 25,000 Labor costs of assembly-line workers 116,700 Sales commissions 36,000 Factory supplies used 29,600 Salaries paid to sales clerks 58,100 Work in process inventory was $14,700 at January 1 and $17,400 at December 31. Finished goods inventory was $63,200 at January 1 and $45,900 at December 31. (a) Compute cost of goods manufactured. Cost of goods manufactured $

Tamarisk Corporation incurred the following costs during 2022. Direct materials used in product $115,200 Advertising expense $43,200 Depreciation on factory 57,600 Property taxes on factory 13,600 Property taxes on store 7,200 Delivery expense 20,000 Labor costs of assembly-line workers 105,600 Sales commissions 33,600 Factory supplies used 22,400 Salaries paid to sales clerks 48,000 Work in process inventory was $11,600 at January 1 and $14,800 at December 31. Finished goods inventory was $57,600 at January 1 and $43,700 at December 31.

Uhtred Manufacturing had the following transactions in October: Purchased raw materials on account, $58,800. Used materials in production: $21,900 in the Mixing Department; $4,800 in the packaging Department; $920 in indirect materials. Incurred labor costs: $7,500 in the Mixing Department; $4,050 in the Packaging Department; $2,520 in indirect labor. Incurred manufacturing overhead costs: $9,540 in machinery depreciation; paid $2,890 for rent and paid for utilities at a cost of $1,920. Prepare the journal entries for Uhtred Manufacturing. Journal Date Description Debit Credit 1       1         2       2       2       2         3       3       3       3         4       4       4

Crawford Corporation incurred the following transactions. 1.   Purchased raw materials on account $ 46,300. 2.   Raw Materials of $ 36,000 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $ 6,800 was classified as indirect materials. 3.   Factory labor costs incurred were $ 59,900, of which $ 51,000 pertained to factory wages payable and $ 8,900 pertained to employer payroll taxes payable. 4.   Time tickets indicated that $ 54,000 was direct labor and $ 5,900 was indirect labor. 5.   Manufacturing overhead costs incurred on account were $ 80,500. 6.   Depreciation on the company’s office building was $ 8,100. 7.   Manufacturing overhead was applied at the rate of 150% of direct labor cost. 8.   Goods costing $ 88,000 were completed and transferred to finished goods. 9.   Finished goods costing $ 75,000 to manufacture were sold on account for $ 103,000. Journalize the transactions. (Credit account…