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Author Question: Howard Manufacturing Company had the following account balances for the quarter ending March 31, ... (Read 51 times)

yoroshambo

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on: Mar 6, 2021
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. 
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by yoroshambo on Mar 6, 2021

AaaA

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Reply #1 on: Mar 6, 2021
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.
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yoroshambo

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Reply 2 on: Mar 6, 2021
Excellent

covalentbond

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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