rangkuman ch 14-17 - Corbin Manufacturing Company produces...

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Corbin Manufacturing Company produces blankets. From its accounting records it prepares the following schedule and financial statements on a yearly basis. (a) Cost of goods manufactured schedule. (b) Income statement. (c) Balance sheet. The following items are found in its ledger and accompanying data. For each item, indicate by using the appropriate letter or letters, the schedule and/or financial statement(s) in which the item will appear. 1. Direct labor a 2. Raw materials inventory, 1/1 a 3. Work in process inventory, 12/31 4. Finished goods inventory, 1/1 b 5. Indirect labor a 6. Depreciation on factory machinery a 7. Work in process, 1/1 a 8. Finished goods inventory, 12/31 9. Factory maintenance salaries a 10. Cost of goods manufactured 11. Depreciation on delivery equipment b 12. Cost of goods available for sale b 13. Direct materials used a 14. Heat and electricity for factory a 15. Repairs to roof of factory building a 16. Cost of raw materials purchases a Underapplied overhead is
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This note was uploaded on 11/06/2011 for the course ACCOUNTING ac 202 taught by Professor - during the Fall '11 term at Montgomery.

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rangkuman ch 14-17 - Corbin Manufacturing Company produces...

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