Enviro Corporation manufactures a special liquid cleaner at its Green plant. Operating data for June follow:
| Materials | $ | 314,000 | |
| Labor | 40,000 | ||
| Manufacturing overhead | 254,000 | ||
The Green plant produced 1,600,000 gallons in June. The plant never
has any beginning or ending inventories.
Required:
Compute the cost per gallon of liquid cleaner produced in June. (Round your answer to 2 decimal places.)
Enviro Corporation manufactures a special liquid cleaner at its Green plant. Operating data for June follow:...
Enviro Corporation manufactures a special liquid cleaner at its Green plant. Operating data for June follow: Materials $ 484,000 Labor 47,000 Manufacturing overhead 234,000 The Green plant produced 1,700,000 gallons in June. The plant never has any beginning or ending inventories. Required: Compute the cost per gallon of liquid cleaner produced in June. (Round your answer to 2 decimal places.) Cost per gallon?
1. Enviro Corporation manufactures a special liquid cleaner at its Green plant. Operating data for June follow: Materials $ 308,000 Labor 38,000 Manufacturing overhead 246,000 The Green plant produced 1,600,000 gallons in June. The plant never has any beginning or ending inventories. Required: Compute the cost per gallon of liquid cleaner produced in June. (Round your answer to 2 decimal places.) 2.Graham Petroleum produces oil. On May 1, it had no work-in-process inventory. It started production of 191 million barrels...
Enviro Corporation manufactures a special liquid cleaner at its Green plant. Operating data for June follow: Materials$268,000 Labor 42,000 Manufacturing overhead 245,000 The Green plant produced 1,500,000 gallons in June. The plant never has any beginning or ending inventories. Required:Compute the cost per gallon of liquid cleaner produced in June.
lean Corporation manufactures liquid window cleaner. The following information concerns its work in process: • Beginning inventory, 37,100 partially complete gallons. • Transferred out, 214,200 gallons. • Ending inventory (materials are 21 percent complete; conversion costs are 10 percent complete). • Started this month, 237,400 gallons. Required: (a) Compute the equivalent units for materials using the weighted-average method. (b) Compute the equivalent units for conversion costs using the weighted-average method.
Clean Corporation manufactures liquid window cleaner. The following information concerns its work in process: • Beginning inventory, 43,100 partially complete gallons. • Transferred out, 209,700 gallons. • Ending inventory (materials are 19 percent complete; conversion costs are 9 percent complete). • Started this month, 238,600 gallons. Required: (a) Compute the equivalent units for materials using the weighted-average method. Equivalent units (b) Compute the equivalent units for conversion costs using the weighted-average method. Equivalent units
Rediger Inc., a manufacturing Corporation, has provided the following data for the month of June. The balance in the Work in Process inventory account was $24,000 at the beginning of the month and $18,000 at the end of the month. During the month, the Corporation incurred direct materials cost of $55,400 and direct labor cost of $28,600. The actual manufacturing overhead cost incurred was $53,200. The manufacturing overhead cost applied to Work in Process was $51,400. The cost of goods...
Sara's Sodas produces a popular soft drink. Operating data for January follow Materials Labor Manufacturing overhead $ 640,000 100,000 2,900,000 Sara's Sodas produced 14 million liters of the beverage in January Required: Compute the cost per liter of beverage produced in January (Round your answer to 2 decimal places.) Cost per liter Sanchez & Company produces paints. On July 1, it had no work-in-process inventory. It starts production of 98,000 gallons of paint in July and completes 79,000 gallons. The...
Cevilla Corporation has the following cost records for June 2018. Direct materials used $20,000 Direct labor $40,000 Manufacturing overhead $13,300 Raw materials inventory, beginning $18,000 Raw materials inventory, ending $12,000 Work in process inventory, beginning $3.000 Work in process inventory, ending $3,800 Finished goods inventory, beginning $5,000 Finished goods inventory, ending $7,500 Calculate the cost of Goods Manufactured for the month ending June 2018. O A. $7,500 OB. $73,300 O c. $72,500 OD. $70,800
Ester Corporation manufactures one product. It does not maintain any beginning or ending Work in Process inventories. The company uses a standard cost system in which inventories are recorded at their standard costs. There is no variable manufacturing overhead. The standard cost card for the company’s only product is as follows: Inputs Standard Quantity or Hours Standard Price or Rate Standard Cost Direct materials 1.9 gallons $ 6.50 per gallon $ 12.35 Direct labor 0.80 hours $ 18.00 per hour...
arind Corporation manufactures shirts, and it is considering whether or not it should accept a special order for 9,000 shirts. The normal selling price of a shirt is $68 and its unit product cost is $20 as shown below: Direct materials $8.00 Direct labor $2.00 Manufacturing overhead $10.00 Unit product cost $20.00 Most of the manufacturing overhead is fixed; however, 30% of it is variable with respect to the number of shirts produced. The special order will require customizing the...