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p1-4a - Name Date Instructor Course Managerial Accounting...

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FileName: 5f2cfb4b6b1fa1153b7d09734c99be8427fb764f.xls, Tab: Problem P1-4A, Page 1 of 2, 12/28/2011, 19:01:52 Name: Date: Instructor: Course: Raw Materials Inventory, 1/1/05 $47,000 Freight-in on Raw Materials Purchased $27,900 Raw Materials Inventory, 12/31/05 44,200 Factory Utilities 12,900 Finished Goods Inventory, 1/1/05 85,000 Office Utilities Expense 8,600 Finished Goods Inventory, 12/31/05 77,800 Sales 475,000 Work in Process, 1/1/05 9,500 Sale Discounts 2,500 Work in Process, 12/31/05 8,000 Plant Manager's Salary 30,000 Direct Labor 145,100 Factory Property Taxes 6,100 Indirect Labor 18,100 Factory Repairs 800 Accounts Receivable 27,000 Raw Materials Purchases 67,500 Factory Insurance 7,400 Cash 28,000 Factory Machinery Depreciation 7,700 Instructions: CRUZ MANUFACTURING COMPANY Cost of Goods Manufactured Schedule For the Year Ended December 31, 2005 Work in process inventory, January 1 Amount Direct materials Account Amount Account Amount Title Formula Account Amount Title Formula Account Amount Manufacturing overhead Account Amount Account Amount Account Amount Account Amount Account Amount Account Amount Account Amount Title Formula Title Formula Title
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