This topic contains a solution. Click here to go to the answer

Author Question: Howard Manufacturing Company had the following account balances for the quarter ending March 31, ... (Read 64 times)

yoroshambo

  • Hero Member
  • *****
  • Posts: 566
Howard Manufacturing Company had the following account balances for the quarter ending March 31, unless otherwise noted:

Work-in-process inventory (January 1)$ 140,400
Work-in-process inventory (March 31)171,000
Finished goods inventory (January 1)540,000
Finished goods inventory (March 31)510,000
Direct materials used420,000
Indirect materials used84,000
Direct manufacturing labor480,000
Indirect manufacturing labor186,000
Property taxes on manufacturing plant building28,800
Salespersons' company vehicle costs12,000
Depreciation of manufacturing equipment264,000
Depreciation of office equipment123,600
Miscellaneous plant overhead135,000
Plant utilities92,400
General office expenses305,400
Marketing distribution costs30,000

Required:
a.Prepare a cost of goods manufactured schedule for the quarter.
b.Prepare a cost of goods sold schedule for the quarter. 


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by yoroshambo on Mar 6, 2021

AaaA

  • Sr. Member
  • ****
  • Posts: 339
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 55% of students answer this correctly




yoroshambo

  • Member
  • Posts: 566
Reply 2 on: Mar 6, 2021
Thanks for the timely response, appreciate it


TheNamesImani

  • Member
  • Posts: 334
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

For a complete list of videos, visit our video library