XYZ Corporation’s Cost of Goods Sold, before adjustment for…

XYZ Corporation’s Cost of Goods Sold, before adjustment for over/underapplied MOH, for the just completed month was $ and its inventories were as follows:   Beginning Ending Raw materials inventory $10,000 $13,000 Work in process inventory $   $   Finished goods inventory $   $    What was Cost of Goods Manufactured for the month?

Duval Corporation provided the following data for the just c…

Duval Corporation provided the following data for the just completed month’s operations. Beginning Ending Raw materials $12,000 $11,000 Work in process $43,000 $36,000 Finished goods $20,000 $27,000   Direct material purchases $ 123,000 Direct materials used in production $ 185,000 Selling expenses $ 46,000 Direct labor cost $ 101,000 Administrative expenses $ 10,000 Actual manufacturing overhead costs $ 239,000 Manufacturing overhead applied to work in process $ 247,000  What was Cost of Goods Manufactured for the month?

JAX Co. manufactures and sells a single product. A partially…

JAX Co. manufactures and sells a single product. A partially completed schedule of the company’s total costs and costs per unit over the relevant range of 50,000 to 100,000 units is given below: Units Produced and Sold 50,000 75,000 Total costs:    Variable costs $220,000    Fixed cost $400,000 Total cost $640,000 Costs per unit:    Variable costs    Fixed costs Fill in the blanks in the schedule above (enter your answer as a number without any formatting, for example $360,000 would be entered as 360000 and $8.25 would be entered as 8.25; round the cost per unit to two decimal points)  

Osprey Inc., a local retailer, (meaning they are a merchandi…

Osprey Inc., a local retailer, (meaning they are a merchandise company, not a manufacturer) has provided the following data for the month of June:       Merchandise inventory, beginning balance $ Merchandise inventory, ending balance $ Sales $ 260,000 Purchases of merchandise inventory $ Selling expense $ Administrative expense $ 40,000 The cost of goods sold for June was: