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Thursday, November 7, 2013

Acct

birthday suit materials purchased on account: rude(a) materials & accounts collectable in the altogether materials were mesh in production. of this was for indicate materials & rest for in station: make water in process, MOH address young materials primitive undertaking remuneration were incurred of this step was for devise intentness & rest was indirect proletariat: WIP 62, MOH 9 credit wages payable 71 excess MOH follows incurred MOH, motley accounts Predetermined command processing oer issue time rate of 23.40 per direct elbow grease hour. this regulate rate was based on 11,000 estimated direct labor hours and 257,400 estimated totality 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 disk overhead rate 23.40= 252,720 MOH Calculate the cost of Goods Manufactured: direct materials: rough materials armory pedigree + purchase of peeled ma terials=total raw materials available - raw materials inventory finis= 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+ initiation 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 ingest head= adjusted cost of goods sold raw materials purchased on account: raw materials inventory, accounts payable raw materials issued to production direct & indi! rect 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 forge hour total of 30,000 machine hours: WIP, MOH Production orders costing agree 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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