InClassCh2Bus21Buck.pdf

InClassCh2Bus21Buck.pdf - equipment $28,000 * v Direot...

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Managerial Accounting In Class Chapter 2 1. Miyose Corporation, a manufacturing company, has provided the following data for the monttr of June: Inventories: Raw materials Finished goods Beginning Ending $23,000 $21,000 \,r*q\*id t;i .i\] $32,000 $37,000 . )\:.Ji Raw materials purchased during Jwre totaled $67,000 and the cost of goods manufactured totaled $124,000. Required: a. What was the cost of raw materials used in production during June? Show your work. b. What was the cost of goods sold for June? Show your work. S+[i."rn :jilSt \r. .w \\tt 231ififr B\e u61 1ra.,,r -,*Je u':1, i-,+'J Lx* sx\n. \r.r\ -+ bl,fN Fss : \w b_,* *r. . -QT-GSS [0. .^, N$ \.+ur\" - 2. A partial listing of costs incurred at Boylen Corporation during March appears below: VDirect materials $181,000 + v'Utilities, factory $10,000 * Sales oommissions $69,000 a , Administrative sa1aries. ............. $99,000 e J Indireot 1abor. ....... $32,000 + .Advertising. .............. $75,000 q r' Depreoiation of production
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Unformatted text preview: equipment $28,000 * v Direot labor $120,000 + Depreoiation of administrative equipment $49,000 . Required: .{F a. What is the total amount of product cost listed above? b. What is the total amount of period cost li-ted above? S v=I-\olFsq rO(] gosr ll Ico aDovg/ b ^ -*N'5. \lt prrr H* NsNq.\ \.r,c \l,rN V** gptu =.op\) \q.o j.ln pt\ \o L$9\+ lq-isqJ 3. Marquess Corporation has provided the following partial listing of costs incurred during May: Marketing salaries /Property taxes, faotory Administrative travel. . Sales commissions w- Indireot labor. ....... rr'Direct materials . Advertising. ............ / Depreoiation of produotion equipment . ..... /Dreotlabor Required: t b. What is the total amount of period cost *, a. What is the total amount of probuct cost listed above? Show your work. $39,000 r $8,000 * $102,000 . $73,000 . $31,000 + $197,000 * $145,000 . $39,000 t $78,000 * 3rlj r\\)\...
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This note was uploaded on 09/08/2010 for the course BUS 21 at San Jose State University .

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InClassCh2Bus21Buck.pdf - equipment $28,000 * v Direot...

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