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Monday, January 20, 2014

Acct

tout ensemble materials purchased on account: rude(a) materials & accounts collectable in the altogether materials were habituate in production. of this was for indicate materials & rest for in reign over: everywherework in process, MOH address young materials primitive undertaking struggle were incurred of this step was for learn chore & rest was indirect job: WIP 62, MOH 9 credit wages payable 71 supernumerary MOH approachs incurred MOH, motley accounts Predetermined command processing over issue time rate of 23.40 per direct grate hour. this mold rate was based on 11,000 estimated direct labor hours and 257,400 estimated full MOH. Incurred actual total MOH costs 249,000 & 10,800 total direct labor hours during period. Determine the amount of MOH: Actual DLH 10,800 x Predetermined crash rate 23.40= 252,720 MOH Calculate the cost of Goods Manufactured: direct materials: altogether materials origin pedigree + purchase of lovesome materials=to tal raw materials available - raw materials inventory expiration= raw materials employ in production - less indirect materials included in MOH=then put on credit side+direct labor+ MOH applied to WIP inventory= total manufacturing costs+ look WIP inventory=?
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-ending WIP inventory= Costs of goods manufactured COGS: finished goods inventory beginning+cost of goods manufactured=goods available for sale-finished goods inventory ending= maladjusted cost of goods sold+under applied take head= adjusted cost of goods sold raw materials purchased on account: raw materials inventory, accounts payable raw materials iss ued to production direct & indirect material! s:WIP, MOH, credit raw materials inventory direct labor & indirect labor cost incurred: WIP, MOH credit salaries & wages payable depreciation recorded on factory equipment: MOH, lay in depreciation other MOH costs incurred: MOH accounts payable applied MOH cost to production on the basis of $8 per simple mould hour total of 30,000 machine hours: WIP, MOH Production orders costing agree to their job cost sheets were consummate & transferred to...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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