25 Jan Calculate cost for a manufacturer, no inventories
Calculate cost for a manufacturer, no inventories The following data pertains to the Anderson table mfg company for Jan. 2003 the company made 1000 tables durning Jan, and there are no beginning or ending inventories. wood used in production 25000 $25,000 cleaning supplies $ 300.00 machine lubricants used in the factory $ 100.00 factory rent $ 2,000.00 rent on the sales office $ 3,000.00 Sales Salaries $ 20,000.00 production line labor cost $ 50,000.00 plant security guard $ 1,200.00 plant supervision $ 2,500.00 sales office supervision $ 3,000.00 Depereciation on production equipement $ 4,000.00 Depereciation on sales office equipment $ 1,000.00 $112,100 Required what was the cost of direct material used in production durning Jan 2003 ? what is the cost of direct labor for Jan 2003 ? what is the cost for Manufacturing overhead for Jan 2003 ? what is the total cost of tables manufractured in Jan 2003 ? whatis the cost of each table manufactured in Jan 2003 ? Do you think the cost per table is valuable information for Carole Anderson, the companys owner? How might she use this information 2-28 INVENTORY AND PRODUCTION COST INCLUDING COST OF GOODS MANUFACTURED AND COST OF GOODS SOLD The following data pertain to the Elsea MFG company for the year ended Dec 31, 2004 The company made 60,000 SW20 switching units durning 2004 Beging direct material inventory $ 42,000.00 Ending direct material inventory $ 48,000.00 beginning work in process inventory $ 84,000.00 Ending work in process inventory $ 93,000.00 Beginning finished goods inventory $ 124,000.00 Ending finished goods inventory $ 133,000.00 Direct materials purchased $ 850,000.00 indirect materials used in production $ 4,000.00 Factory supplies used $ 6,200.00 Deprecation on the factory $ 60,000.00 Deprecation on sales office $ 4,000.00 Deprecation on the administrative office $ 3,000.00 Sales Salaries $ 120,000.00 Assembly line labor cost $ 820,000.00 Factory security guard cost $ 12,000.00 Factory supervision $ 82,600.00 Depreciation on production equipment $ 560,000.00 Depreciation on sales office equipment $ 22,200.00 Required what was the cost of direct material used in production durning Jan 2004 ? what is the cost of direct labor for Jan 2004 ? what is the cost for Manufacturing overhead for Jan 2004 ? what is the total manufracturing cost incurred durning 2004 ? what is the cost of goods manufractured for 2004 ? what is the cost of goods sold for 2004 ?
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