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

Author Question: Barr Manufacturing produces protective covers for eBookReaders. Since the covers must be customized ... (Read 80 times)

jrobl3

  • Full Member
  • ***
  • Posts: 167
Barr Manufacturing produces protective covers for eBookReaders. Since the covers must be customized to each eBookReaders model, Barr uses a job order costing system. On October 1, the company reported the following inventory balances:

Direct Materials Inventory$30,000
Work in Process Inventory145,000
Finished Goods Inventory250,000

During October, the following events occurred:

1.Barr purchased direct materials costing $410,000 on account.
2.Barr used $425,000 in direct materials in production.
3.Barr's employees clocked 17,000 direct labor hours at an average wage rate of
$10.00 per direct labor hour.
4.The company incurred $169,000 in manufacturing overhead, including $20,000 in
indirect labor costs.
5.Using direct labor hours as the application base, the company applied $162,000 of
manufacturing overhead to jobs worked on in October.
6.The company completed production on jobs costing $860,000.
7.The company delivered jobs costing $1,070,000 to customer.

Required:

a.Calculate the ending October balance of the Direct Materials, Work in Process,
and Finished Goods Inventory accounts.
b.Calculate total manufacturing costs for October.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jrobl3 on Feb 5, 2023

jbsuccess1

  • Full Member
  • ***
  • Posts: 158
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




jrobl3

  • Member
  • Posts: 167
Reply 2 on: Feb 5, 2023
Thanks for the timely response, appreciate it


komodo7

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Gracias!

 

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

For a complete list of videos, visit our video library