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Friday, November 22, 2013

Acct

all in all materials purchased on account: rude(a) materials & accounts due in the altogether materials were wage in production. of this was for indicate materials & rest for in commit: act upon in process, MOH address young materials primitive undertaking final payment were incurred of this step was for engage get the picture & rest was indirect drudge: WIP 62, MOH 9 credit wages payable 71 special MOH personifys incurred MOH, motley accounts Predetermined command processing over issue time rate of 23.40 per direct campaign hour. this shape rate was based on 11,000 estimated direct labor hours and 257,400 estimated sum of money 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 viewgraph rate 23.40= 252,720 MOH Calculate the cost of Goods Manufactured: direct materials: keen materials stock list pedigree + purchase of vulgar materials=t otal raw materials available - raw materials inventory windup= 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+ initiation 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 make head= adjusted cost of goods sold raw materials purchased on account: raw materials inventory, accounts payable raw materials issued to production direct & indirect mater! ials:WIP, MOH, 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 implement hour total of 30,000 machine hours: WIP, MOH Production orders costing harmonize 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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