Use the cost information below for Sundar Company to determine the cost of goods manufactured during the current year: Direct materials used $19,000 24,500 55,100 Direct labor used Factory overhead Beginning work in process inventory Ending work in process inventory 10,700 11,300 Multiple Choice $98,600. $43,500. S98,000. $42,900. $79,000.

Under absorption costing, what is the cost of goods sold? (Round cost per unit to 2 decimal places, eg. 2.52 and final answer to 0 decimal place, e.g. 2,152.) Cost of goods sold $ eTextbook and Medi Save for Later Attempts: 0 of 3 used Submit Answer

The related data of Ivian Company:                                                                                                                            Ending           Beginning                                     Raw materials                                  P100,200      P200,300                                      Work in process                               300,400         355,500                                         Finished goods                                 285,700         312,700                                                                                                                                              The Cost of goods sold is P1,317,200.                             Direct materials used are P625,700 while factory overhead is applied at 50% of the direct materials used.                                                                                                      What has the amount of the direct labor cost?

Given the following data for Muscat Company, compute cost of goods manufactured: Direct materials used OMR 120,000 Beginning work in process OMR 20,000 Direct labor 200,000 Ending work in process 10,000 Manufacturing overhead 180,000 Beginning finished goods 25,000 Operating expenses 175,000 Ending finished goods 15,000 compute cost of goods manufactured: Select one: a. OMR 500,000 Ob.OMR 520,000 Oc. None of the answers are correct O d. OMR 490,000 Oe. OMR 510,000

The following transaction occured in production department of NGV Company. 1. Direct material purchased on credit 25,000 2. All materials used in production department 3. Direct labor cost incurred was 9,000 4. Overhead applied to production department was 22,000 5. Units completed were of worth 55,000 6. Units sold were costing 45,500 NGV uses backflush costing method. Required: a. Calculate finished goods inventory b. Calculate the work in process inventory c. Prepare the T accounts and post all necessary entries based on the above transactions.

What are the prime costs for the year?What are the prime costs for the year?

Wasson Company reported the following year-end information: Beginning work in process inventory Beginning raw materials. inventory Ending work in process inventory Ending raw materials inventory Raw materials purchased Direct labor Manufacturing overhead $ 35,000 18,000 38,000 15,000 560,000 210,000 120,000 What is Wasson's total cost of work in process for the year?

Product Cost Flows Complete the following T-accounts:   Materials Inventory   1,120       Answer Answer       18,120     250       Wages Payable     9,000       1,050           Finished Goods Inventory   1,500 Answer     Answer       1,200     Manufactured Overhead   175 Answer     Answer       18,000       4,500         0   Work in Process Inventory   3,500 Answer     Answer       9,000       Answer       500     Cost of Goods Sold   Answer             Save AnswersNext

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Question: The accounting records of Dolphin Company revealed the following information: Total manufacturing costs $780,000 Work-in-process inventory, Jan. 1 81,000 Work-in-process inventory, Dec. 31 103,000 Finished goods inventory, Jan. 1 171,000 148,000 Finished goods inventory, Dec. 31 What is Dolphin's cost of goods sold?