Fill in the missing information on the cost of goods manufactured schedule of Pharoah Manufacturing Company: (Assume all raw materials used were direct materials.) Work in process inventory (1/1) Direct materials Raw materials inventory (1/1) Raw materials purchases $ PHAROAH MANUFACTURING COMPANY Cost of Goods Manufactured Schedule 221,400 $306,000

College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter26: Manufacturing Accounting: The Job Order Cost System
Section: Chapter Questions
Problem 2SEA: SCHEDULE OF COST OF GOODS MANUFACTURED The following information is supplied for Maupin...
icon
Related questions
Question

Vd

Fill in the missing information on the cost of goods manufactured schedule of Pharoah Manufacturing Company: (Assume all raw
materials used were direct materials)
Work in process inventory (1/1).
Direct materials
Raw materials inventory (1/1)
Raw materials purchases
Raw materials available for use
Raw materials inventory (12/31)
Direct materials used
Direct labor
Manufacturing overhead
$
PHAROAH MANUFACTURING COMPANY
Cost of Goods Manufactured Schedule
221,400
33,300
$229,500
$306,000
Transcribed Image Text:Fill in the missing information on the cost of goods manufactured schedule of Pharoah Manufacturing Company: (Assume all raw materials used were direct materials) Work in process inventory (1/1). Direct materials Raw materials inventory (1/1) Raw materials purchases Raw materials available for use Raw materials inventory (12/31) Direct materials used Direct labor Manufacturing overhead $ PHAROAH MANUFACTURING COMPANY Cost of Goods Manufactured Schedule 221,400 33,300 $229,500 $306,000
acturing overhead
Indirect labor
Factory depreciation
Factory utilities
Total overhead
Total manufacturing costs
Total cost of work in process
Less: Work in process inventory
(12/31)
Cost of goods manufactured
17.100
34,200
35.100
289,800
$432,000
Transcribed Image Text:acturing overhead Indirect labor Factory depreciation Factory utilities Total overhead Total manufacturing costs Total cost of work in process Less: Work in process inventory (12/31) Cost of goods manufactured 17.100 34,200 35.100 289,800 $432,000
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 1 images

Blurred answer
Knowledge Booster
Quality control
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
College Accounting, Chapters 1-27
College Accounting, Chapters 1-27
Accounting
ISBN:
9781337794756
Author:
HEINTZ, James A.
Publisher:
Cengage Learning,
Managerial Accounting
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub
Financial And Managerial Accounting
Financial And Managerial Accounting
Accounting
ISBN:
9781337902663
Author:
WARREN, Carl S.
Publisher:
Cengage Learning,
Survey of Accounting (Accounting I)
Survey of Accounting (Accounting I)
Accounting
ISBN:
9781305961883
Author:
Carl Warren
Publisher:
Cengage Learning
Principles of Accounting Volume 2
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College
Principles of Cost Accounting
Principles of Cost Accounting
Accounting
ISBN:
9781305087408
Author:
Edward J. Vanderbeck, Maria R. Mitchell
Publisher:
Cengage Learning