Pink Company incurred the following costs during the month: direct labor, P120,000; factory overhead, P108,000, and direct materials purchases, P160,000 inventories show the following costs:   Beginning Ending Finished goods P27,000 P30,000 Work in process  P61,500 P57,500 Direct materials  P37,500 P 43,500 How much is the cost of goods manufactured?

The following cost data relate to the manufacturing activities of ABC Company during the just completed year:           Manufacturing overhead costs incurred:     Indirect materials $ 16,900 Indirect labor   149,000 Property taxes, factory   9,900 Utilities, factory   89,000 Depreciation, factory   316,900 Insurance, factory   11,900 Total actual manufacturing overhead costs incurred $ 593,600 Other costs incurred:     Purchases of raw materials (both direct and indirect) $ 419,000 Direct labor cost $ 79,000 Inventories:     Raw materials, beginning $ 21,900 Raw materials, ending $ 31,900 Work in process, beginning $ 41,900 Work in process, ending $ 71,900     The company uses a predetermined overhead rate of $28 per machine-hour to apply overhead cost to jobs. A total of 21,600 machine-hours were used during the year.   Required: 1. Compute the amount of underapplied or overapplied overhead cost for the year. 2. Prepare a schedule of cost of…

Borchardt Corporation has provided the following data concerning last month's operations. Direct materials Direct labor Manufacturing overhead applied to Work in Process Work in process inventory $169,000 O$235,000 How much is the cost of goods manufactured for the month on the Schedule of Cost of Goods Manufactured? $173,000 O$178.000 Beginning $ 66,000 hs $ 29,000 $ 58,000 $ 82,000 Ending $ 57,000

Please solve this problem

Keeton Company had the following data: Cost of materials used   $60,000 Direct labor costs   58,000 Factory overhead   33,000 Work in process inventory, beginning   29,000 Work in process inventory, ending   18,000 Finished goods inventory, beginning   32,000 Finished goods inventory, ending   18,000   Determine the cost of goods sold.$fill in the blank 1

The following is the data for Lauren Enterprises: Selling and administrative expenses $75,000 Direct materials used 265,000 Direct labor (25,000 hours) 300,000 Factory overhead application rate $16 per DLH Inventories Beginning Ending Direct materials $50,000 $45,000 Work in process 75,000 90,000 Finished goods 40,000 25,000 Refer to Figure 2-14. What is the cost of goods manufactured? Inventories Beginning Ending Direct materials $50,000 $45,000 Work in process 90,000 75,000 40,000 25,000 Finished goods Refer to Figure 2-14. What is the cost of goods manufactured? $1,115,000 $965,000 $955,000 $950,000

Jeffrey's Bottling Company incurred the following costs during November:   Conversion costs $ __________ Prime costs 227,500 Manufacturing overhead 181,000 If direct materials cost was $144,500 in November, what was the conversion cost for November?

Direct Material, Beginning $7,000 WIP, Beginning 7,500 Finished goods, Beginning 10,000 Raw Material purchased 46,800 Selling & general expenses 6,700 Direct Material, Ending 9,000 WIP, Ending 3,500 Finished goods, Ending 12,000 Direct Labor 8,000 Factory overhead is applied at the rate of 80% of direct labor cost. You are required to calculate: i) Cost of goods manufactured ii) Cost of goods sold

Primare Corporation has provided the following data concerning last month’s manufacturing operations.   Purchases of raw materials $ 30,000 Indirect materials used in production $ 4,580 Direct labor $ 59,700 Manufacturing overhead applied to work in process $ 88,000 Underapplied overhead $ 4,200   Inventories Beginning Ending Raw materials $ 11,800 $ 19,200 Work in process $ 55,500 $ 66,300 Finished goods $ 33,600 $ 42,900   Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare a schedule of cost of goods sold for the month. Assume the underapplied or overapplied overhead is closed to Cost of Goods Sold.

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