PROBLEM 1-4a - PROBLEM 1-4A (a) CRUZ MANUFACTURING COMPANY...

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(a) CRUZ MANUFACTURING COMPANY Cost of Goods Manufactured Schedule For the Year Ended December 31, 2005 Work in process inventory, January 1. .................................. $ 9,500 Direct materials Raw materials inventory, January 1. .......................... $ 47,000 Raw materials purchases. ......................... 67,500 Total raw materials avail- able for use. ....................... 114,500 Less: Raw materials inventory, December 31. ......... 44,200 Direct materials used. .......... $ 70,300 Direct labor. .................................. 145,100 Manufacturing overhead Plant manager’s salary. ....... 30,000 Indirect labor. ........................ 18,100 Factory utilities. .................... 12,900 Factory machinery depreciation. ...................... 7,700 Factory property taxes. ........ 6,100 Factory insurance. ............... 7,400 Factory repairs. ..................... 800 Total manufacturing overhead……. 83,000 Total manufacturing costs. ......... 298,400
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This note was uploaded on 05/16/2011 for the course AC 303 taught by Professor Richardkido during the Spring '11 term at Chaminade University.

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PROBLEM 1-4a - PROBLEM 1-4A (a) CRUZ MANUFACTURING COMPANY...

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