quiz - Esther Takahashi David Hanasab BUAD 305 14770r...

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Esther Takahashi David Hanasab BUAD 305 14770r Mon-Wed 10AM-1150AM Job ORder Costing QUiz #3 Schedule of Cost of Goods Manufactered Schedule of Costs of Goods Sold DIRECT MATERIAL Beginning FG 90,000 Beginning RM 50,000 Cost of Goods Manu. 4,000,000 RM Purchases 400,000 Cost of Goods Availabl 4,090,000 RM Available 450,000 End FG (190,000) Ending RM (20,000) COGS 3,900,000 RM Used in Production 430,000 ADJ - overapplied (82,500) Indirect Materials (10,000) Adjusted Cost of Goods 3,817,500 DIRECT MATERIALS 420,000 DIRECT LABOR 48,000 MANUFACTURING OVERHEAD Indirect Labor 580,000 WIP Finished Indirect Materials 1,010,000 RM beg bal 20,000 4,000,000 Beg bal 90,000 Depreciation 1,200,000 Beg bal 50,000 430,000 DM 420,000 4,000,000 Other 750,000 400,000 DL 48,000 Manu. OH - Actual 3,540,000 (82,500) MOH applid 3,622,500 overapplied 82,500 End Bal 20,000 End Bal 110,500 End Bal 190,000 Manu. OH - Applied 3,622,500 TOTAL MANUFACTURING COST 4,090,500 MOH CG Beginning WIP 20,000 In Mat- 1,010,000
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This test prep was uploaded on 02/23/2008 for the course BUAD 305 taught by Professor Davila during the Fall '07 term at USC.

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quiz - Esther Takahashi David Hanasab BUAD 305 14770r...

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