This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Basil Industries reported the following information for December:Beginning balance, Raw Materials ... (Read 60 times)

sreghbsidhgjbndskijgnio

  • Full Member
  • ***
  • Posts: 155
on: Feb 5, 2023
Basil Industries reported the following information for December:

Beginning balance, Raw Materials Inventory$   187,500
Beginning balance, Work in Process Inventory300,000
Beginning balance, Finished Goods Inventory106,250
Manufacturing overhead applied525,000
Purchases of raw materials337,500
Factory electricity 62,500
Direct labor payroll200,000
Depreciation on factory equipment218,750
Insurance on factory building 50,000
Indirect materials used in production43,750
Total raw materials used in production 406,250
Indirect labor payroll150,000
Cost of goods manufactured1,250,000
Cost of Goods Sold1,312,500
What was the cost of the direct materials used by Basil in production during December?
◦ $381,250
◦ $406,250
◦ $362,500
◦ $450,000
Managerial Accounting ¦ Davis ¦ 4th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by sreghbsidhgjbndskijgnio on Feb 5, 2023

kugyo01

  • Full Member
  • ***
  • Posts: 156
Reply #1 on: Feb 5, 2023
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 32% of students answer this correctly


sreghbsidhgjbndskijgnio

  • Member
  • Posts: 155
Reply 2 on: Feb 5, 2023
Wow, this really help

chereeb

  • Member
  • Posts: 326
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Discharge summary information Discharge summary information
Websites that Provide Reliable Health Information Websites that Provide Reliable Health Information
Laboratory Requisition Information Laboratory Requisition Information
Organizing Drug Information by Pharmacologic Classification Organizing Drug Information by Pharmacologic Classification
A utility knife uses replaceable blades and can cut carpet and other materials. A utility knife uses replaceable blades and can cut carpet and other materials.
Surfing the Internet for nutrition information Surfing the Internet for nutrition information
Video: New DNA Strand Replication

For a complete list of videos, visit our video library