Compute the cost of goods sold for spargus manufacturing

Assignment Help Cost Accounting
Reference no: EM13509445

The following data were taken from the general ledger and other data of Spargus Manufacturing on May 31; Work in process, may 1 $75000, Finished goods, may 1 $82000, materials purchased in may $122000, cost of goods manufactured in may 455000, marketing and administrative costs in may, 64000, finished goods, may 31 $78000 work in process may 31 94000. Compute the cost of goods sold for Spargus manufacturing, selecting the appropriate items from the list provided.

Reference no: EM13509445

Questions Cloud

How much work is done by the force on the coin : A coin slides over a frictionless plane and across an xy coordinate system from the origin to a point with xy coordinates (1.4 m, 5.7 m) while a constant force acts on it. How much work is done by the force on the coin during the displacement
What is the oldest log record we need to retain : If a bounded amount of stable storage is used for the log, how can we always ensure enough stable storage to hold all log recordswritten during restart?
Balance sheet and a statement of cash flows : Identify events as asset source asset use (ua) asset exchange or claims exchange Prepare an income statement, a statement of changes in stockholders equity, a balance sheet and a statement of cash flows.
Find the number of revolutions made by the motor : An electric fan is turned off, and its angular velocity decreases uniformly from 500 rev/min to 200 rev/min in a time interval of length 4.00 s. Find the number of revolutions made by the motor in the time interval of length 4.00s
Compute the cost of goods sold for spargus manufacturing : Compute the cost of goods sold for Spargus manufacturing, selecting the appropriate items from the list provided.
Explain why log records could be written between the begin : Explain why log records could be written between the begin checkpoint and end checkpoint records.
How to prepare a multiple-step income statement : Prepare a multiple-step income statement; 100,000 shares of common stock were outstanding during the year.
What is the amount of working capital : For questions 35 through 37, write the correct amount or ratio on your answer sheet. Ratios must be rounded to the nearest tenth and expressed as in this example: 2 to 1.
Determine the power provided by the weight lifters force : A weight lifter raises a 1093 N weight a vertical distance of 1.60 m in a time interval of 2.05 s. Compute the power provided by the weight lifter's force

Reviews

Write a Review

Cost Accounting Questions & Answers

  Duffy enterprises declares bankruptcy

Duffy Enterprises declares bankruptcy and it is evaluated that the receivable of €1,200 from Duffy is not collectible.

  Calculate polks manufacturing cost per unit

Calculate Polks manufacturing cost per unit for 2012 - Manufacturing cost per unit - The parts of this question must be completed in order

  Prepare contribution margin income statements

Prepare contribution margin income statements for current operating conditions and if the proposed changes are made.

  What are the estate tax consequences of these transactions

What are the estate tax consequences of these transactions

  Advantages and disadvantages of forming the business

Provide a summary to the partners, outlining the advantages and disadvantages of forming the business as a partnership and the advantages and disadvantages of forming as a corporation

  Construct mannys budgeted cost of goods sold

Identify three situations in which accounting measures are based on present values. Do these present value applications involve single sums or annuities, or both single sums and annuities - Do you think a uniform set of accounting standards across ..

  Compute the february conversion costs

Compute the February conversion costs in the Filtration Department - the Filtration Department completely processed 150,000 liters in February.

  Question 1a list and explain four potential problems with a

question 1a list and explain four potential problems with a traditional overhead allocation system.b list and explain

  Galvaset industries manufactures and sells custom-made

galvaset industries manufactures and sells custom-made windows. its job casting system was designed using an

  Capital balances in midway co are mirko 40000 neil 30000

capital balances in midway co. are mirko 40000 neil 30000 and grillini 18000. mirko and neil each agree to pay grillini

  How does each company value its inventory

What is the difference between the 10K, the 10Q and the 8K reports and how does each company value its inventory

  What was lequins cost of goods sold

Lequin's total manufacturing cost was $543,000. What was Lequin's cost of goods sold?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd