Home / Questions / Statement of cost of goods manufactured for a manufacturing company Cost data for Bedford ...

Statement of cost of goods manufactured for a manufacturing company Cost data for Bedford Manufacturing Company for the month ending May 31 2012 are as follows Inventories 1-May 31-May Material

Statement of cost of goods manufactured for a manufacturing company Cost data for Bedford Manufacturing Company for the month ending May 31, 2012, are as follows:

Inventories	1-May	31-May
Materials	$168,000	$139,000
Work in process	240,000	260,000
Finished goods	182,000	214,200
Direct labor		$475,000
Materials purchased during May		302,000
Factory overhead incurred during May:
Indirect labor		57,200
Machinery depreciation		36,000
Heat, light, and power		13,000
Supplies		10,000
Property taxes		9,800
Miscellaneous cost		18,200

a. Prepare a cost of goods manufactured statement for May 2012.

b. Determine the cost of goods sold for May 2012.

Jul 01 2020 View more View Less

Answer (Solved)

question Subscribe To Get Solution

Related Questions

Classify the following laws as substantive or procedural: A law that provides employee leave for the birth or adoption of a child for up to 12 weeks.

Classify the following laws as substantive or procedural:A law that provides employee leave for the birth or adoption of a child for up to 12 weeks.
Aug 11 2021
Which of the following is the characteristic of an electromagnetic train a Do not have wheels b Runs faster than ordinary train c Does not make noise d All the above

Which of the following is the characteristic of an electromagnetic train? (a) Do not have wheels (b) Runs faster than ordinary train (c) Does not make noise (d) A...
Jul 13 2021
Choose the sentence that is expressed more effectively. Then compare your responses with the key at the end of the book. a. I'm uncertain where to take this document to. b. I'm uncertain where

Choose the sentence that is expressed more effectively. Then compare your responses with the key at the end of the book.a. I'm uncertain where to take this document to.b....
Aug 23 2021
Section 53 PHOBLEMS 261 Other Blas Methods 19 Analyse the ciecuin in Figure 539 to denermine the correst vwokages at the ransit verminals with respect to ground Assume

Section 5-3 PHOBLEMS 261 Other Blas Methods 19. Analyse the ciecuin in Figure 5-39 to denermine the correst vwokages at the ransit verminals with respect to ground Assum...
Jul 13 2020
An acid solution is 0.100 M in HCl and 0.200 M in H2SO4. What volume of a 0.250 M KOH solution would completely neutralize all the acid in 500.0 mL of this solution?

An acid solution is 0.100 M in HCl and 0.200 M in H2SO4. What volume of a 0.250 M KOH solution would completely neutralize all the acid in 500.0 mL of this solution?
May 21 2021
How are project classifications used in the capital budgeting process

How are project classifications used in the capital budgeting process?
May 03 2021
Rachel is comparing three different recipes for chocolate fudge She asks her friends to taste her fudge and rate how delicious it is Her results are provided below

Rachel is comparing three different recipes for chocolate fudge. She asks her friends to taste her fudge and rate how delicious it is. Her results are provided below:Reci...
Apr 03 2020
Wilson,Inc. has sales of $62,300, costs of $28,700, depreciation expense of $8,200 and int

Wilson,Inc. has sales of $62,300, costs of $28,700, depreciation expense of $8,200 and interest expense of $3,200. If the tax rate is 20 percent, what is the operating cash flow?
Nov 27 2019
Local Steel Construction Company produces two products steel and wood beams Steel beams have a unit contribution margin of $200 and wood beams have a unit contribution margin of $150 The demand

Local Steel Construction Company produces two products, steel and wood beams. Steel beams have a unit contribution margin of $200, and wood beams have a unit contribution...
May 14 2020
State and governments do not receive income directly from which source

State and governments do not receive income directly from which source? a. property taxes b. sales taxes c. social security taxes d. local income taxes
May 18 2018

Create an Account

Sign in to your account

Forgot Your Password ?

Statement of cost of goods manufactured for a manufacturing company Cost data for Bedford Manufacturing Company for the month ending May 31 2012 are as follows Inventories 1-May 31-May Material

Answer (Solved)

Related Questions

Classify the following laws as substantive or procedural: A law that provides employee leave for the birth or adoption of a child for up to 12 weeks.

Which of the following is the characteristic of an electromagnetic train a Do not have wheels b Runs faster than ordinary train c Does not make noise d All the above

Choose the sentence that is expressed more effectively. Then compare your responses with the key at the end of the book. a. I'm uncertain where to take this document to. b. I'm uncertain where

Section 53 PHOBLEMS 261 Other Blas Methods 19 Analyse the ciecuin in Figure 539 to denermine the correst vwokages at the ransit verminals with respect to ground Assume

An acid solution is 0.100 M in HCl and 0.200 M in H2SO4. What volume of a 0.250 M KOH solution would completely neutralize all the acid in 500.0 mL of this solution?

How are project classifications used in the capital budgeting process

Rachel is comparing three different recipes for chocolate fudge She asks her friends to taste her fudge and rate how delicious it is Her results are provided below

Wilson,Inc. has sales of $62,300, costs of $28,700, depreciation expense of $8,200 and int

Local Steel Construction Company produces two products steel and wood beams Steel beams have a unit contribution margin of $200 and wood beams have a unit contribution margin of $150 The demand

State and governments do not receive income directly from which source

Subject Categories