lombardy inc. has compiled the following data.: purchases of direct materials 6300, freight in 800, property taxes 1400, ending direct materials 1900, beginning direct materials 3600. compute the amount of direct materials used.
| Direct materials used | ||||||
| beginning inventory | 3,600 | |||||
| Add:purchases | 6300 | |||||
| Add:Freight in | 800 | |||||
| total cost of raw materials available | 10,700 | |||||
| less:Ending inventory | -1900 | |||||
| Direct materials used | 8,800 | answer | ||||
lombardy inc. has compiled the following data.: purchases of direct materials 6300, freight in 800, property...
Tuscany, Inc. has compiled the following
data: Compute the amount of direct materials used.
Tuscany, Inc. has compiled the following data: (Click the icon to view the information.) Compute the amount of direct materials used. Data Table - X Tuscany, Inc. Computation of Direct Materials Used Purchases of Direct Materials $ + Freight In + 6,300 400 800 1,300 4,100 Property Taxes Ending Direct Materials Beginning Direct Materials 1L = Direct Materials Used Print Done
Harlequin, Co. has compiled the following data: Purchases of Direct Materials $6,300, Frieght In 225, Property Taxes 1,150, Ending Direct Materials 1,200, Beginning Direct Materials 3,850. Compute the amount of direct materials used. A. $6,300 B. $10,150 C. $9,175 D. $3,850
The following data relates to the Sunshine Company: Direct Materials Inventory, Beginning Direct Materials Inventory, Ending Direct Materials Purchases Direct Labor Finished Goods Inventory, Beginning Finished Goods Inventory, Ending Factory overhead Work-in-Process Inventory, Beginning Work-in-Process Inventory, Ending $ 40 50 210 350 100 95 153 65 80 Required: (a) Compute the direct materials used during the year. (b) Compute the cost of goods manufactured during the year. (c) Compute the cost of goods sold during the year.
Hammer Inc., had the following activities during 20X3: Direct materials: Beginning inventory $ 20,000 Purchases 61,600 Ending inventory 10,400 Direct manufacturing labor incurred 16,000 Manufacturing overhead-allocated 12,000 Beginning work-in-process inventory 800 Ending work-in-process inventory 4,000 Beginning finished goods inventory 24,000 Ending finished goods inventory 16,000 Required: Please show your calculations! a. What is the cost of direct materials used during 20X3? b. What is cost of goods manufactured for 20X3? c. What is cost of goods sold for 20X3? d. What amount of conversion costs was added...
please answer the following question
8. Compute Cost of Goods Sold for a retail merchandiser with the below information: Yard maintenance.........$ 9,000 Delivery Expense........... $ 2,050 Freight in... .............-... $ 550 Purchases..................... $45,000 Ending Inventory............ $ 5,000 Beginning Inventory........ $ 8,000 Revenues... .............. $72,000 9. Calculate the direct materials used from the following: Purchases of direct materials........ ..... $4,750 Beginning inventory of direct materials........... $ 2,500 Freight in........... *.................................$ 100 Delivery Expense...... . $ 150 Property taxes.............. Ending inventory of...
Tamarisk, Inc. has the following inventory data: July 1 Beginning inventory 7 Purchases 22 Purchases 90 units at $19 315 units at $20 45 units at $22 $1710 6300 990 $9000 A physical count of merchandise inventory on July 30 reveals that there are 150 units on hand. Using the average cost method, the value of ending inventory is
Direct Materials Purchases Budget Lorenzo’s Frozen Pizza Inc. has determined from its production budget the following estimated production volumes for 12'' and 16'' frozen pizzas for September: Units 12" Pizza 16" Pizza Budgeted production volume 15,600 22,400 Three direct materials are used in producing the two types of pizza. The quantities of direct materials expected to be used for each pizza are as follows: 12" Pizza 16" Pizza Direct materials: Dough 0.80 lb. per unit 1.50 lb. per unit Tomato...
Direct Materials Purchases Budget Lorenzo’s Frozen Pizza Inc. has determined from its production budget the following estimated production volumes for 12'' and 16'' frozen pizzas for September: Units 12" Pizza 16" Pizza Budgeted production volume 13,700 26,400 Three direct materials are used in producing the two types of pizza. The quantities of direct materials expected to be used for each pizza are as follows: 12" Pizza 16" Pizza Direct materials: Dough 0.80 lb. per unit 1.50 lb. per unit Tomato...
Direct Materials Purchases Budget Romano's Frozen Pizza Inc. has determined from its production budget the following estimated production volumes for 12" and 16" frozen pizzas for September: Units 12" Pizza 16" Pizza Budgeted production volume 16,000 23,200 There are three direct materials used in producing the two types of pizza. The quantities of direct materials expected to be used for each pizza are as follows: 12" Pizza 16" Pizza Direct materials: Dough 0.90 lb. per unit 1.50 lbs. per unit...
Direct Materials Purchases Budget Lorenzo's Frozen Pizza Inc. has determined from its production budget the following estimated production volumes for 12" and 16" frozen pizzas for September: Units 12" Pizza 16" Pizza Budgeted production volume 12,700 26,300 Three direct materials are used in producing the two types of pizza. The quantities of direct materials expected to be used for each pizza are as follows: 12" Pizza 16" Pizza Direct materials: Dough 0.80 lb. per unit 1.50 lb. per unit Tomato...