e2-9 - Name: Date: Instructor: Course: rd Managerial...

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

View Full Document Right Arrow Icon
FileName: 51dbcdd5b132f1054529889034c2952c4f731604.xls, Tab: Exercise E2-9, Page 1 of 2, 12/28/2011, 19:01:24 Name: Date: Instructor: Course: 1. May 1 inventories - Finished Goods $12,600 Work in Process $14,700 Raw Materials $8,200 2. May 31 inventories - Finished Goods $11,500 Work in Process $17,900 Raw Materials $7,100 3. Debit postings to work in process were: Direct Materials $62,400 Direct Labor $32,000 Manufacturing Overhead Applied $48,000 4. Sales totaled $200,000 Instructions: YELLOW KNIFE MANUFACTURING COMPANY Cost of Goods Manufactured Schedule For the Month Ended May 31, 2005 Work in process, May 1 Amount Title Amount Title Amount Title Amount Total manufacturing costs Formula Title Formula Less: Title Amount Title Formula YELLOW KNIFE MANUFACTURING COMPANY (Partial) Income Statement For the Month Ended May 31, 2005 Account Title Amount Title Title Amount Title Amount Title Formula Title Amount Title Formula Gross profit Formula Managerial Accounting, 3 rd Edition, by Weygandt, Kieso, and Kimmel
Background image of page 1

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

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

This note was uploaded on 12/28/2011 for the course ACCT 221 taught by Professor Leonarda.bacon during the Winter '07 term at CSU Bakersfield.

Page1 / 2

e2-9 - Name: Date: Instructor: Course: rd Managerial...

This preview shows document pages 1 - 2. Sign up to view the full document.

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