What was the cost of goods manufactured for the month

Assignment Help Financial Accounting
Reference no: EM13487385

Johnson Company's costs for the month of August were as follows: direct materials, $25,000; direct labor, $30,000; sales salaries, $14,000; indirect labor, $11,000; indirect materials, $15,000; general corporate administrative cost, $12,000; taxes on manufacturing facility, $1,000; and rent on factory, $15,000. The beginning work in process inventory was $20,000 and the ending work in process inventory was $11,000. What was the cost of goods manufactured for the month?

Reference no: EM13487385

Questions Cloud

Explain how to calculate the sodium ion concentration : Calculate the sodium ion concentration when 80.0 mL of 3.2 M sodium carbonate is added to 25.0 mL of 2.3 M sodium bicarbonate.
Calculate the speed immediately after collision : The ballistic pendulum is a device used to measure the speed of a projectile, such as a bullet. calculate the speed immediately after collision
Find the volume of carbon tetrachloride : A test tube contains 2.56 10-4 m3 of liquid carbon tetrachloride at a temperature of 75.5° C. Find the volume of carbon tetrachloride in the test tube at -11.7° C
Nickel crystallizes with the face-centered cubic unit cell : Nickel crystallizes with the face-centered cubic unit cell. The radius of a nickel atom is 124pm . Edge Length=351 pm. Calculate the density of a nickel in g/cm3.
What was the cost of goods manufactured for the month : The beginning work in process inventory was $20,000 and the ending work in process inventory was $11,000. What was the cost of goods manufactured for the month?
Evaluate the molarity and mole fraction : Calculate the molarity and mole fraction of a 1.51 m solution of acetone (CH3COCH3) dissolved in ethanol (C2H5OH). (Density of acetone = 0.788 g/cm3; density of ethanol = 0.789 g/cm3.) Assume that the final volume equals the sum of the volumes of ..
How far does it slide down along the path : The coefficient of friction is 0.3. The Initial speed is 3 m/s. How far does it slide down along the path before it comes to rest
Finance department be quizzing the proposal manager : Why might a finance department be quizzing the proposal manager (PM) about the ARR? And more importantly, why is it important that the PM give a reasonable ARR?
Evaluate the photon energy(ev) and work function(ev). : The wavelength is 6100 Angstrom and the stopping potential is 0.5(eV). calculate the Photon Energy(eV) and Work function(eV).

Reviews

Write a Review

Financial Accounting Questions & Answers

  Case study analysiswhat are the four criteria used to

case study analysis.what are the four criteria used to determine the amount and timing of revenue reported in the

  Evaluate the direct materials price variance

Which of the subsequent is not an advantage of post-audits of capital investments and What does the variable overhead efficiency variance tell management

  Compute the current ratio and net working capital

Compute the current ratio and Net Working capital -

  Identify control environment factors that affect the company

A complete physical inventory of the company's office furniture has recently been taken. Identify control environment factors that affect the company's internal control

  Completion percentage for conversion costs

would we expect to see a difference in the end percentage for direct materials against the completion percentage for conversion costs?

  Case study - health rates as top social issue

Would you expect management to worry about attitudinal surveys, such as the one described in Headline below. Explain you answer, as well explaining how such surveys might impact on the disclosure policies of an organisation.

  Calculation of impact on profit by selecting an

calculation of impact on profit by selecting an option.lakeshore tours inc. operates a large number of tours throughout

  Prepare a short memo that defines a company operating

Prepare a short memo that defines a company’s operating, investing, and financing activities, and identifies that cash inflows and cash outflows related to each activity.

  Multiple choice question based on cost accounting1 period

multiple choice question based on cost accounting.1. period costs for a manufacturing company would flow directly

  Sugarland company sells a single product and anticipates

sugarland company sells a single product and anticipates opening a new facility in charlotte on may 1 of the current

  What is bond nominal yield to maturity

A $1,000 face value corporate bond pays a $50 coupon every six months. The bond matures in 12 years and sells at a price of $1,080. What is bond’s nominal yield to maturity?

  Evaluate the activity rates

Evaluate the activity rates (i.e., cost per unit of activity) for the activity cost pools. Round off all evaluation to the nearest whole cent. Using the activity-based costing system, determine the customer margin for Paints-R-Us. Round off all c..

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