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201
Work In Process
Finished Goods
Manufacturing Overhead
Cost of Goods Sold
The adjusted cost of goods sold for the month is:
A) $335,000
B) $361,000
C) $357,000
D) $365,000
188) Gurtner Corporation has provided the following data concerning last month's operations.
Cost of goods manufactured
$
170,000
Underapplied overhead
$
4,000
Beginning
Ending
Finished goods inventory
$
33,000
$
40,000
Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold.
How much is the cost of goods available for sale on the Schedule of Cost of Goods Sold?
A) $203,000
B) $170,000
C) $167,000
D) $163,000
189) Gurtner Corporation has provided the following data concerning last month's operations.
Cost of goods manufactured
$
170,000
Underapplied overhead
$
4,000
Beginning
Ending
Finished goods inventory
$
33,000
$
40,000
Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold.
How much is the unadjusted cost of goods sold on the Schedule of Cost of Goods Sold?
A) $203,000
B) $163,000
C) $170,000
D) $167,000
190) Gurtner Corporation has provided the following data concerning last month's operations.
Cost of goods manufactured
$
170,000
Underapplied overhead
$
4,000
Beginning
Ending
Finished goods inventory
$
33,000
$
40,000
Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold.
How much is the adjusted cost of goods sold on the Schedule of Cost of Goods Sold?
A) $170,000
B) $167,000
C) $203,000
D) $163,000
191) Hunkins Corporation has provided the following data concerning last month's operations.
Purchases of raw materials
$
33,000
Indirect materials included in manufacturing overhead
$
4,000
Direct labor cost
$
58,000
Manufacturing overhead applied to Work in Process
$
91,000
Beginning
Ending
Raw materials inventory
$
14,000
$
20,000
Work in process inventory
$
57,000
$
70,000
How much is the direct materials cost for the month on the Schedule of Cost of Goods
Manufactured?
A) $33,000
B) $39,000
C) $47,000
D) $23,000
192) Hunkins Corporation has provided the following data concerning last month's operations.
Purchases of raw materials
$
33,000
Indirect materials included in manufacturing overhead
$
4,000
Direct labor cost
$
58,000
Manufacturing overhead applied to Work in Process
$
91,000
Beginning
Ending
Raw materials inventory
$
14,000
$
20,000
Work in process inventory
$
57,000
$
70,000
How much is the total manufacturing cost for the month on the Schedule of Cost of Goods
Manufactured?
A) $159,000
B) $229,000
C) $172,000
D) $176,000
209
193) Hunkins Corporation has provided the following data concerning last month's operations.
Purchases of raw materials
$
33,000
Indirect materials included in manufacturing overhead
$
4,000
Direct labor cost
$
58,000
Manufacturing overhead applied to Work in Process
$
91,000
Beginning
Ending
Raw materials inventory
$
14,000
$
20,000
Work in process inventory
$
57,000
$
70,000
How much is the cost of goods manufactured for the month on the Schedule of Cost of Goods
Manufactured?
A) $229,000
B) $159,000
C) $172,000
D) $176,000
194) Boursaw Corporation has provided the following data concerning last month's operations.
Purchases of raw materials
$
33,000
Indirect materials included in manufacturing overhead
$
4,000
Direct labor cost
$
58,000
Manufacturing overhead applied to Work in Process
$
78,000
Underapplied overhead
$
5,000
Beginning
Ending
Raw materials inventory
$
10,000
$
15,000
Work in process inventory
$
56,000
$
72,000
Finished goods inventory
$
41,000
$
49,000
Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold.
How much is the direct materials cost for the month on the Schedule of Cost of Goods
Manufactured?
A) $38,000
B) $24,000
C) $33,000
D) $43,000
212
195) Boursaw Corporation has provided the following data concerning last month's operations.
Purchases of raw materials
$
33,000
Indirect materials included in manufacturing overhead
$
4,000
Direct labor cost
$
58,000
Manufacturing overhead applied to Work in Process
$
78,000
Underapplied overhead
$
5,000
Beginning
Ending
Raw materials inventory
$
10,000
$
15,000
Work in process inventory
$
56,000
$
72,000
Finished goods inventory
$
41,000
$
49,000
Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold.
How much is the total manufacturing cost for the month on the Schedule of Cost of Goods
Manufactured?
A) $144,000
B) $160,000
C) $216,000
D) $164,000
214
196) Boursaw Corporation has provided the following data concerning last month's operations.
Purchases of raw materials
$
33,000
Indirect materials included in manufacturing overhead
$
4,000
Direct labor cost
$
58,000
Manufacturing overhead applied to Work in Process
$
78,000
Underapplied overhead
$
5,000
Beginning
Ending
Raw materials inventory
$
10,000
$
15,000
Work in process inventory
$
56,000
$
72,000
Finished goods inventory
$
41,000
$
49,000
Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold.
How much is the cost of goods manufactured for the month on the Schedule of Cost of Goods
Manufactured?
A) $216,000
B) $160,000
C) $144,000
D) $164,000
216
197) Boursaw Corporation has provided the following data concerning last month's operations.
Purchases of raw materials
$
33,000
Indirect materials included in manufacturing overhead
$
4,000
Direct labor cost
$
58,000
Manufacturing overhead applied to Work in Process
$
78,000
Underapplied overhead
$
5,000
Beginning
Ending
Raw materials inventory
$
10,000
$
15,000
Work in process inventory
$
56,000
$
72,000
Finished goods inventory
$
41,000
$
49,000
Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold.
How much is the cost of goods available for sale on the Schedule of Cost of Goods Sold?
A) $141,000
B) $185,000
C) $144,000
D) $136,000
218
198) Boursaw Corporation has provided the following data concerning last month's operations.
Purchases of raw materials
$
33,000
Indirect materials included in manufacturing overhead
$
4,000
Direct labor cost
$
58,000
Manufacturing overhead applied to Work in Process
$
78,000
Underapplied overhead
$
5,000
Beginning
Ending
Raw materials inventory
$
10,000
$
15,000
Work in process inventory
$
56,000
$
72,000
Finished goods inventory
$
41,000
$
49,000
Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold.
How much is the unadjusted cost of goods sold on the Schedule of Cost of Goods Sold?
A) $136,000
B) $141,000
C) $144,000
D) $185,000
220
199) Boursaw Corporation has provided the following data concerning last month's operations.
Purchases of raw materials
$
33,000
Indirect materials included in manufacturing overhead
$
4,000
Direct labor cost
$
58,000
Manufacturing overhead applied to Work in Process
$
78,000
Underapplied overhead
$
5,000
Beginning
Ending
Raw materials inventory
$
10,000
$
15,000
Work in process inventory
$
56,000
$
72,000
Finished goods inventory
$
41,000
$
49,000
Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold.
How much is the adjusted cost of goods sold on the Schedule of Cost of Goods Sold?
A) $136,000
B) $185,000
C) $144,000
D) $141,000
