Answered Essay: For each of the following independent cases (1–4), compute the missing values. (Enter all amounts as positive values.)

For each of the following independent cases (1–4), compute the missing values. (Enter all amounts as positive values.)

For each of the following independent cases (1-4), compute the missing values. (Enter all amounts as positive values.) Case 1 Case 2 Case 3 Case 4 $7,000 63,000 1,400 2,800 $16,000 33,312 1,200 Beginning raw materials Raw material purchases Indirect materials issued Ending raw materials Direct materials used Direct labor Manufacturing overhead Total current manufacturing costs Beginning work in process Ending work in process Cost of goods manufactured Beginning finished goods Ending finished goods Cost of goods sold $55,000 24,500 2,000 4,500 27,000 1,000 46,750 26,976 40,600 61,625 24,864 80,700 151,200 65,200 72,800 270,865 74,320 57,400 33,000 71,380 41,520 51,260 118,050 412,950 194,600 100,800 112,000 159,600 60,200 142,000 198,600 419,700 90,700

For each of the following independent cases (1-4), compute the missing values. (Enter all amounts as positive values.) Case 1 Case 2 Case 3 Case 4 $7,000 63,000 1,400 2,800 $16,000 33,312 1,200 Beginning raw materials Raw material purchases Indirect materials issued Ending raw materials Direct materials used Direct labor Manufacturing overhead Total current manufacturing costs Beginning work in process Ending work in process Cost of goods manufactured Beginning finished goods Ending finished goods Cost of goods sold $55,000 24,500 2,000 4,500 27,000 1,000 46,750 26,976 40,600 61,625 24,864 80,700 151,200 65,200 72,800 270,865 74,320 57,400 33,000 71,380 41,520 51,260 118,050 412,950 194,600 100,800 112,000 159,600 60,200 142,000 198,600 419,700 90,700

Expert Answer

 

Case-1: Direct materials Used: Determine the amount of direct materials used as shown below: Direct materials used Beginning raw materialsRaw material purchases - Ending raw materials - $7,000$63,000 $2,800 $67,200 Thus, the amount of direct materials used in Case-1 is S67,200 Total current manufacturing costs: Determine the amount of total current manufacturing costs as shown below: Current manufacturing costs Materials used Direct labor + Manufacturing overhead - DirectIndirect) $40,600 $72,800 -($67,200 $1,400) + S40,600 + $72,800 - $68,600 $40,600 $72,800 - $182,000 Thus, the total current manufacturing costs in Case-1 is $182,000

Buy Essay
Calculate your paper price
Pages (550 words)
Approximate price: -

Help Me Write My Essay - Reasons:

Best Online Essay Writing Service

We strive to give our customers the best online essay writing experience. We Make sure essays are submitted on time and all the instructions are followed.

Our Writers are Experienced and Professional

Our essay writing service is founded on professional writers who are on stand by to help you any time.

Free Revision Fo all Essays

Sometimes you may require our writers to add on a point to make your essay as customised as possible, we will give you unlimited times to do this. And we will do it for free.

Timely Essay(s)

We understand the frustrations that comes with late essays and our writers are extra careful to not violate this term. Our support team is always engauging our writers to help you have your essay ahead of time.

Customised Essays &100% Confidential

Our Online writing Service has zero torelance for plagiarised papers. We have plagiarism checking tool that generate plagiarism reports just to make sure you are satisfied.

24/7 Customer Support

Our agents are ready to help you around the clock. Please feel free to reach out and enquire about anything.

Try it now!

Calculate the price of your order

Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

HOW OUR ONLINE ESSAY WRITING SERVICE WORKS

Let us write that nagging essay.

STEP 1

Submit Your Essay/Homework Instructions

By clicking on the "PLACE ORDER" button, tell us your requires. Be precise for an accurate customised essay. You may also upload any reading materials where applicable.

STEP 2

Pick A & Writer

Our ordering form will provide you with a list of writers and their feedbacks. At step 2, its time select a writer. Our online agents are on stand by to help you just in case.

STEP 3

Editing (OUR PART)

At this stage, our editor will go through your essay and make sure your writer did meet all the instructions.

STEP 4

Receive your Paper

After Editing, your paper will be sent to you via email.

× How can I help you?