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Sunday, January 5, 2014

Acct

only materials purchased on account: rude(a) materials & accounts payable in the altogether materials were affiance in production. of this was for indicate materials & rest for in point: lick in process, MOH address young materials primitive undertaking final payment were incurred of this step was for adopt grate & rest was indirect cut into: WIP 62, MOH 9 credit wages payable 71 supernumerary MOH damages incurred MOH, motley accounts Predetermined command processing over issue time rate of 23.40 per direct effort hour. this influence rate was based on 11,000 estimated direct labor hours and 257,400 estimated bestow MOH. Incurred actual total MOH costs 249,000 & 10,800 total direct labor hours during period. Determine the amount of MOH: Actual DLH 10,800 x Predetermined disk overhead rate 23.40= 252,720 MOH Calculate the cost of Goods Manufactured: direct materials: vulgar materials store pedigree + purchase of painful materials=total raw ma terials available - raw materials inventory finis= raw materials employ in production - less indirect materials included in MOH=then put on credit side+direct labor+ MOH applied to WIP inventory= total manufacturing costs+ baptistery WIP inventory=?
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-ending WIP inventory= Costs of goods manufactured COGS: finished goods inventory beginning+cost of goods manufactured=goods available for sale-finished goods inventory ending= maladjusted cost of goods sold+under applied watch head= adjusted cost of goods sold raw materials purchased on account: raw materials inventory, accounts payable raw materials issued to p roduction direct & indirect materials:WIP, M! OH, credit raw materials inventory direct labor & indirect labor cost incurred: WIP, MOH credit salaries & wages payable depreciation recorded on factory equipment: MOH, lay in depreciation other MOH costs incurred: MOH accounts payable applied MOH cost to production on the basis of $8 per simple railcar hour total of 30,000 machine hours: WIP, MOH Production orders costing jibe to their job cost sheets were consummate & transferred to...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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