{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

Chap1demo - Name Date Instructor Course Managerial...

Info icon This preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
FileName: 4450235bff4b022828d8f01e202d91d67ec7239e.xls, Tab: Chapter 1 Demo, Page 1 of 3, 11/17/2009, 14:00:26 Name: Date: Instructor: Course: Raw materials, 1/1/05 $30,000 Insurance, factory $14,000 Raw materials, 12/31/05 20,000 Property taxes, factory building 6,000 Raw materials purchased 205,000 Sales (net) 1,500,000 Indirect materials 15,000 Delivery expenses 100,000 Work in process, 1/1/05 80,000 Sales commissions 150,000 Work in process, 12/31/05 50,000 Indirect labor 90,000 Finished goods, 1/1/05 110,000 Factory machinery rent 40,000 Finished goods, 12/31/05 120,000 Factory utilities 65,000 Direct labor 350,000 Depreciation, factory building 24,000 Factory manager's salary 35,000 Administration expense 300,000 Instructions: SUPERIOR MANUFACTURING COMPANY Cost of Goods Manufactured Schedule For the Year Ended December 31, 2005 Work in process, 1/1/05 Amount Direct materials Account Amount Account Amount Title Formula Account Amount Account Formula Direct labor Amount Manufacturing overhead Account Amount Account Amount Account Amount Account Amount Account Amount Account Amount Account Amount Account Amount Title Formula Total manufacturing costs Formula Total cost of work in process Formula Account Amount Title Formula SUPERIOR MANUFACTURING COMPANY Income Statement For the Year Ended December 31, 2005
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern