Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 27 Sep 2017 My Price 10.00

Shanta Company

Given the following selected account balances of Shanta Company.

Sales $ 1,234,000
  Raw materials inventory, Dec. 31, 2012   38,000
  Goods in process inventory, Dec. 31, 2012   55,400
  Finished goods inventory, Dec. 31, 2012   61,200
  Raw materials purchases   161,500
  Direct labor   233,000
  Factory computer supplies used   17,700
  Indirect labor   41,000
  RepairsAc€??Factory equipment   5,250
  Rent cost of factory building   56,000
  Advertising expense   101,000
  General and administrative expenses   132,000
  Raw materials inventory, Dec. 31, 2013   44,300
  Goods in process inventory, Dec. 31, 2013   42,100
  Finished goods inventory, Dec. 31, 2013   68,100

Direct Sales

      
      
     
  Raw materials available for use    
      
Direct materials used    
       
  Factory overhead     
       
      
      
      
       
       
Total Factory overhead costs
Total Manufacturing costs    
       
Total costs of good in process     
       
cost of goods manufactured     
 

 

Answers

(5)
Status NEW Posted 27 Sep 2017 08:09 PM My Price 10.00

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