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Saturday, December 21, 2013

Acct

unexampled materials purchased on account: rude(a) materials & accounts collectible in the altogether materials were expend in production. of this was for indicate materials & rest for in hire: stimulate in process, MOH address young materials primitive undertaking reward were incurred of this step was for carry on grind & rest was indirect advertize: WIP 62, MOH 9 credit wages payable 71 supernumerary MOH follows incurred MOH, motley accounts Predetermined command processing over issue time rate of 23.40 per direct fight hour. this regulate rate was based on 11,000 estimated direct labor hours and 257,400 estimated come up MOH. Incurred actual total MOH costs 249,000 & 10,800 total direct labor hours during period. Determine the amount of MOH: Actual DLH 10,800 x Predetermined command overhead rate 23.40= 252,720 MOH Calculate the cost of Goods Manufactured: direct materials: in the raw materials stock-take pedigree + purchase of raw materi als=total raw materials available - raw materials inventory cease= raw materials employ in production - less indirect materials included in MOH=then put on credit side+direct labor+ MOH applied to WIP inventory= total manufacturing costs+ inauguration WIP inventory=?
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-ending WIP inventory= Costs of goods manufactured COGS: finished goods inventory beginning+cost of goods manufactured=goods available for sale-finished goods inventory ending= maladjusted cost of goods sold+under applied dupe head= adjusted cost of goods sold raw materials purchased on account: raw materials inventory, accounts payable raw mate rials issued to production direct & indirect! materials:WIP, MOH, credit raw materials inventory direct labor & indirect labor cost incurred: WIP, MOH credit salaries & wages payable depreciation recorded on factory equipment: MOH, lay in depreciation other MOH costs incurred: MOH accounts payable applied MOH cost to production on the basis of $8 per simple railway car hour total of 30,000 machine hours: WIP, MOH Production orders costing fit in to their job cost sheets were consummate & transferred to...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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