XYZ Corporation’s Cost of Goods Sold, before adjustment for…

XYZ Corporation’s Cost of Goods Sold, before adjustment for over/underapplied MOH, for the just completed month was $[COGS] and its inventories were as follows:   Beginning Ending Raw materials inventory $10,000 $13,000 Work in process inventory $ [bwip]   $ [ewip]   Finished goods inventory $ [bfg]   $ [efg]    What was Cost of Goods Manufactured for the month?

Duval Corporation provided the following data for the just c…

Duval Corporation provided the following data for the just completed month’s operations. Beginning Ending Raw materials $12,000 $11,000 Work in process $47,000 $46,000 Finished goods $27,000 $20,000   Direct material purchases $ 136,000 Direct materials used in production $ 180,000 Selling expenses $ 41,000 Direct labor cost $ 94,000 Administrative expenses $ 10,000 Actual manufacturing overhead costs $ 273,000 Manufacturing overhead applied to work in process $ 276,000  What was Cost of Goods Manufactured for the month?

A1A Corporation uses a predetermined overhead rate based on…

A1A Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. The Corporation has provided the following estimated costs for the next year:       Direct materials $ [DM] Direct labor $ [DL] Rent on factory building $ [rent] Sales commissions $ [comm] Depreciation, factory equipment $ [Fdep] Indirect labor $ [IL] Depreciation, administrative office equipment $ [Adep] A1A estimates that [base] direct labor-hours will be worked during the year. The predetermined manufacturing overhead rate per hour will be: