Loading...

Messages

Proposals

Stuck in your homework and missing deadline? Get urgent help in $10/Page with 24 hours deadline

Get Urgent Writing Help In Your Essays, Assignments, Homeworks, Dissertation, Thesis Or Coursework & Achieve A+ Grades.

Privacy Guaranteed - 100% Plagiarism Free Writing - Free Turnitin Report - Professional And Experienced Writers - 24/7 Online Support

Dolan company accounting records reflect

26/11/2021 Client: muhammad11 Deadline: 2 Day

1. Ogleby Inc.'S Accounting Records Reflect The Following Inventories:

1. Ogleby Inc.'s accounting records reflect the following inventories:

Dec.31, 2012 Dec.31, 2013

Raw materials inventory $120,000 $ 96,000

Work in process inventory 156,000 174,000

Finished goods inventory 150,000 138,000

During 2013, Ogleby purchased $840,000 of raw materials, incurred direct labor costs of $150,000, and incurred manufacturing overhead totaling $192,000.

How much is total manufacturing costs incurred during 2013 for Ogleby?

$1,206,000

$1,182,000

$1,200,000

$1,188,000

2. Using $2,500,000 as the total manufacturing costs, compute the cost of goods manufactured using the following information.

Raw materials inventory, January 1 $ 20,000

Raw materials inventory, December 31 40,000

Work in process, January 1 18,000

Work in process, December 31 12,000

Finished goods, January 1 40,000

Finished goods, December 31 32,000

Raw materials purchases 1,400,000

Direct labor 560,000

Factory utilities 150,000

Indirect labor 50,000

Factory depreciation 400,000

Operating expenses 420,000

$2,492,000.

$2,506,000.

$2,494,000.

$2,508,000.

3. Dolan Company's accounting records reflect the following inventories:

Dec.31, 2013 Dec.31, 2012

Raw materials inventory $310,000 $260,000

Work in process inventory 300,000 160,000

Finished goods inventory 190,000 150,000

During 2013, $600,000 of raw materials were purchased, direct labor costs amounted to $500,000, and manufacturing overhead incurred was $480,000. Dolan Company's total manufacturing costs incurred in 2013 amounted to

$1,530,000.

$1,490,000.

$1,390,000.

$1,580,000

4. Cost of goods manufactured in a manufacturing company is analogous to

cost of goods purchased in a merchandising company.

ending inventory in a merchandising company.

beginning inventory in a merchandising company.

cost of goods available for sale in a merchandising company.

5. Edmiston Company reported the following year-end information: beginning work in process inventory, $80,000; cost of goods manufactured, $780,000; beginning finished goods inventory, $50,000; ending work in process inventory, $70,000; and ending finished goods inventory, $40,000. How much is Edmiston's cost of goods sold for the year?

$770,000

$800,000

$780,000

$790,000

6. Gammil Company has beginning and ending raw materials inventories of $96,000 and $120,000, respectively. If direct materials used were $440,000, what was the cost of raw materials purchased?

$416,000.

$470,000.

$464,000.

$440,000.

7. Which of the following statements about internal reports is not true?

The content of internal reports may extend beyond the double-entry accounting system.

Most internal reports are summarized rather than detailed.

Internal reports may show all amounts at market values.

Internal reports may discuss prospective events.

8. Which of the following is not a management function?

Constraining

Planning

Controlling

Directing

9. The subtotal, "Cost of goods manufactured" appears on

a merchandising company's income statement.

a manufacturing company's income statement.

both a manufacturing and a merchandising company's income statement.

neither a merchandising nor a manufacturing company's income statement.

10. Samson Company reported total manufacturing costs of $300,000, manufacturing overhead totaling $52,000, and direct materials totaling $64,000. How much is direct labor cost?

$184,000

$416,000

$116,000

Cannot be determined from the information provided

11. What is work in process inventory generally described as?

Beginning stage production costs associated with labor costs dealing with bringing in raw materials from the shipping docks

Costs applicable to units that have been started in production but are only partially completed

Costs associated with the end stage of manufacturing that are almost always complete and ready for customers

Costs strictly associated with direct labor

Homework is Completed By:

Writer Writer Name Amount Client Comments & Rating
Instant Homework Helper

ONLINE

Instant Homework Helper

$36

She helped me in last minute in a very reasonable price. She is a lifesaver, I got A+ grade in my homework, I will surely hire her again for my next assignments, Thumbs Up!

Order & Get This Solution Within 3 Hours in $25/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 3 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 6 Hours in $20/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 6 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 12 Hours in $15/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 12 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

6 writers have sent their proposals to do this homework:

Coursework Assignment Help
Top Academic Guru
Engineering Mentor
Top Academic Tutor
Quick N Quality
George M.
Writer Writer Name Offer Chat
Coursework Assignment Help

ONLINE

Coursework Assignment Help

I will be delighted to work on your project. As an experienced writer, I can provide you top quality, well researched, concise and error-free work within your provided deadline at very reasonable prices.

$33 Chat With Writer
Top Academic Guru

ONLINE

Top Academic Guru

After reading your project details, I feel myself as the best option for you to fulfill this project with 100 percent perfection.

$19 Chat With Writer
Engineering Mentor

ONLINE

Engineering Mentor

This project is my strength and I can fulfill your requirements properly within your given deadline. I always give plagiarism-free work to my clients at very competitive prices.

$27 Chat With Writer
Top Academic Tutor

ONLINE

Top Academic Tutor

I reckon that I can perfectly carry this project for you! I am a research writer and have been writing academic papers, business reports, plans, literature review, reports and others for the past 1 decade.

$23 Chat With Writer
Quick N Quality

ONLINE

Quick N Quality

I am an experienced researcher here with master education. After reading your posting, I feel, you need an expert research writer to complete your project.Thank You

$27 Chat With Writer
George M.

ONLINE

George M.

After reading your project details, I feel myself as the best option for you to fulfill this project with 100 percent perfection.

$28 Chat With Writer

Let our expert academic writers to help you in achieving a+ grades in your homework, assignment, quiz or exam.

Similar Homework Questions

A cat corp forecasting case solution - Consumer buying behavior report example - Fresh fruit broken bodies essay - Political Science Discussion 3 - Civil Rights and Civil Liberties - Fall on your knees carol - Describe mr crane's attitude towards richard - A partial relative frequency distribution is given - How to write a headline for a feature article - The body stephen king pdf download - Bookwork or book work - Cross Cultural Discussion - Ecdl questions and answers free - Include but not limited to - Andrea yates cognitive perspective - One page - Database languages and interfaces - Big Data and Data Analytics on Social Media - Opposite of still life - West coast transit case study - The state of queensland department of education and training - Todd harbaugh age - Do you want a construction law dissertation topics? - Wk10 inter - Cipd level 7 employment law assignment examples - An introduction to christian ethics roger crook - Hsc physics formula sheet - Post horn gallop brass band - Infrastructure design planning scheme policy - Team contract template in project management - What is a standing plan in management - Gerry evans dancing at lughnasa - Reading log filled out - Hepburn regional park map - 10 times the square root of 3 - Efb210 finance 1 assignment - How to find internal resistance - Nursing - Royal national orthopaedic hospital bolsover street - Who is responsible for establishing a private company's internal control - Wall of morale dan patrick show - Juniper ssg 520 firewall - Sqa chemistry assignment higher - Emerging threats_2.2 - Communication- For Creative Instructor ONLY- - Movie recommendation python - Human resource questions - Thesis statement for vaccine research paper - Subramaniam v public prosecutor [1956] 1 wlr 965 - Week 3 Product Profitability - Active learning template system disorder - Network diagram critical path questions - Joint commission communication sentinel events - Irony in the interlopers - We are rasta children rebecca campbell - Casein glue lab answers - Disposal of human waste in middle ages - Charlie and the chocolate factory homework - Fan dampers and vanes - Week 6 part 1 plagiarism - Extra crispy bp bonnyrigg - Othello tragic hero essay - Fox body injector harness - Diagram of longshore drift - Can you buy individual proactiv products - Professional development internship - Fournotts corp a sports shoe manufacturer - All of the following are valid excel arithmetic operators except - 1 kilometer is how many meters - Phlebotomy medical terminology list - Is publix a publicly traded company - 3 lbs to ounces - Diy audio power supply - Pulse oximeter lloyds pharmacy - English-Revised Rough Draft - Research paper - 3 pages - APA 7th ed - Cloud Computing - Process Recording Social Work - Dissolve styrofoam in gasoline - Rite hite dock leveler - Danny phantom reign storm transcript - Swapping Jobs - Chapter 19 give me liberty - Yeast fermentation lab balloon answers - Ana scope of practice and code of ethics - Block Chain Development discussion 6 - Coca cola case study file type ppt - Ubertour Project - Disadvantages of Corporate Social Responsibility - Milwaukee carpenters union local 344 pay scale - Prepare a trial balance at april 30 2014 - Bloomberg bmc answers pdf - MT 2 - Amenable research topic to scientific study in qualitative approach - Ba oh 2 h20 - Advantages of distributed database - Amtac fire ant for sale - Area unit test part 1 - Nursing theory - Lg hi macs white granite - Vcaa 2016 specialist exam 2 solutions