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Category > Accounting Posted 21 Apr 2017 My Price 12.00

ACC 200 Spring 2017 Chapter 10: Homework #2

ACC 200 Spring 2017 Chapter 10: Homework #2 Name _______________________________________ Section # ________ Row # ________ Each homework is worth four points: one point for completion, and one point for each correct answer (see
syllabus for how total homework points will be scaled in your final course points.)
If you do not show your work (you write answers only) you will earn zero points.
You must do the homework on this form, and it must be in your own handwriting. Either pencil or pen is
acceptable.
We will accept only homeworks handed in at the beginning of class.
You must attend the entire class in the seat you are listed on the seating chart (see syllabus for definition of
attendance) to qualify to hand in homework.
We accept no emailed, texted, or electronically transmitted homeworks. We accept no homeworks submitted
early or late (see syllabus for information on homework drops.) ------------------------------------------------------------------------------------------------------------------------------------ Jorel Company is a manufacturer. During April, Jorel’s first month of operations, it did the
following:
Completed work on goods costing
$59,600
Purchased materials costing
46,075
Sold goods costing
48,800
Incurred direct labor costs totaling
12,500
Issued materials to production costing
31,000
Accumulated factory overhead costs totaling
19,950
Sold goods for
73,000 What is Jorel’s raw materials inventory at the end of April? ________________ What is Jorel’s work in process inventory at the end of April? ________________ What is Jorel’s finished goods inventory at the end of April? ________________

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SuperTutor
(15)
Status NEW Posted 21 Apr 2017 01:04 AM My Price 12.00

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