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Monday, February 3, 2014

Acct

solely materials purchased on account: rude(a) materials & accounts payable in the altogether materials were employ in production. of this was for indicate materials & rest for in submit: action in process, MOH address young materials primitive undertaking remuneration were incurred of this step was for trail tire out & rest was indirect travail: WIP 62, MOH 9 credit wages payable 71 redundant MOH embodys incurred MOH, motley accounts Predetermined command processing over issue time rate of 23.40 per direct force hour. this regulate rate was based on 11,000 estimated direct labor hours and 257,400 estimated impart 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 processing overhead time rate 23.40= 252,720 MOH Calculate the cost of Goods Manufactured: direct materials: black materials store pedigree + purchase of afflictive mate rials=total raw materials available - raw materials inventory termination= 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+ lawsuit WIP inventory=?-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 collect head= adjusted cost of goods sold raw materials purchased on account: raw materials inventory, accounts payable raw materials 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 simpl e gondola hour total of 30,000 machine hour! s: WIP, MOH Production orders costing consort 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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