Rocket company produces small gasoline-powered engines for

Reference no: EM13566160

Rocket Company produces small gasoline-powered engines for model airplanes. Mr. Clemens, Rocket's CFO, has presented you with the following cost information: Direct Materials Inventory, beginning $ 81,000 Direct Materials Inventory, ending $ 126,000 Work in Process Inventory, beginning $ 140,000 Work in Process Inventory, ending $ 95,000 Direct labor $ 790,000 Direct materials purchases $ 980,000 Insurance, factory $ 52,000 Depreciation, factory $ 27,000 Depreciation, executive offices $ 12,000 Indirect labor $ 210,000 Utilities, factory $ 17,000 Utilities, executive offices $ 9,000 Property taxes, factory $ 16,000 Property taxes, executive offices $ 12,000 Using this cost information, prepare a cost of goods manufactured schedule for Mr. Clemens.

Reference no: EM13566160

Questions Cloud

The statement is a company took out a 9 month 75 40000 : the statement is a company took out a 9 month 7.5 40000 note on december 1 2014 with interest and principal to be paid

One of the statements for my project is utilities expenses : one of the statements for my project is utilities expenses of 3200 remain unpaid. 60 of the utilities expense is for

Rollins corps total assets at the end of last year were : rollins corps total assets at the end of last year were 300000 and its ebit was 75000. what was its basic earning? a.

The goal of this assignment is to demonstrate effective : term paper critical speech analysisconceptthe goal of this assignment is to demonstrate effective critical thinking

Rocket company produces small gasoline-powered engines for : rocket company produces small gasoline-powered engines for model airplanes. mr. clemens rockets cfo has presented you

Prepare the required journal entries for the following : the following data were taken from the balance sheet accounts of wickham corporation on december 31 2012.current

Assuming that the project is new information that it is : a company with one million shares outstanding and a share price of 20 undertakes a new project with an npv of 600000.

Declared a 2 stock dividend on common stock and a 125 : declared a 2 stock dividend on common stock and a 1.25 quarterly cash dividend per share on preferred stock. on the

Sones stones and rocks buys on terms of 210 net 30 from : stones stones and rocks buys on terms of 210 net 30 from its suppliers. if it pays on the 8th day taking the discount

User Account

All Pages