Wk 6 Chapter 9

Wk 6 Chapter 9 - Tara Ander 9-29 a excluded b excluded c...

Info iconThis preview shows pages 1–6. Sign up to view the full content.

View Full Document Right Arrow Icon

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

View Full DocumentRight Arrow Icon

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

View Full DocumentRight Arrow Icon

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

View Full DocumentRight Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Tara Ander 9-29 a excluded b excluded c needs to be in inventory, it was paid for and is now owed to us. Even though we still don't have it d excluded e needs to be inventory, we need to go by the invoice date when it shows the shipment was made f excluded g needs to be inventory, the items were sold and delivere. Although its required we buy them back rson Tara Anderson 9-30 Oakeson Mfg., Inc. Schedule of Cost of Goods Manufactured For the Quarter Ended March 31, 2008 Direct Materials Raw materials inventory, January 1, 2008 $630.00 Purchases $1,620.00 Cost of raw materials available for use $2,250.00 Less: Raw materials Inventory, March 31, 2008 $1,322.25 Raw materials used in production $927.75 Direct Labor $3,100.00 Manufacturing Overhead $2,950.00 Total manufacturing costs $6,977.75 Add: Work in process inventory, January 1, 2008 $742.00 $7,719.75 Less: Work in process inventory, March 31, 2008 $669.75 Costs of goods manufactured $7,050.00 9-32 Name: Tara Anderson To enter the journal entries, enter the appropriate account titles in the shaded cells in columns C and D, and the appropriate amounts in the shaded cells in columns G and I. 1) (a) Net method Dec. 3 Purchases 8,342 Accounts Payable 8,342 Dec. 10 Purchases 7,275 Accounts Payable 7,275 Dec. 16 Accounts Payable 15,617...
View Full Document

This note was uploaded on 05/29/2011 for the course EC 2011 taught by Professor Johnson during the Spring '11 term at FIT.

Page1 / 16

Wk 6 Chapter 9 - Tara Ander 9-29 a excluded b excluded c...

This preview shows document pages 1 - 6. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online