Unlock document.
This document is partially blurred.
Unlock all pages and 1 million more documents.
Get Access
An asterisk (*) will appear to the right of an incorrect entry.
a.
Work in process inventory, March 1, 2016
Direct materials:
Cost of direct materials used in production
Direct labor
Factory overhead:
Total factory overhead
Total manufacturing costs incurred during March
Total manufacturing costs
Less:
Cost of goods manufactured
b.
Cost of goods sold for March 2016:
Cost of finished goods available for sale
Cost of goods sold
Statement of Cost of Goods Manufactured
For the Month Ended March 31, 2016
0%
Cells with non-gray backgrounds are protected and cannot be edited.
MIX-A-LOT MANUFACTURING COMPANY
[Key code here]
Answers are entered in the cells with gray backgrounds.
Score:
Key Code:
Instructions
Exercise 18-15
Name:
Section:
An asterisk (*) will appear to the right of an incorrect entry.
a.
Work in process inventory, March 1, 2016 214,200$
Direct materials:
315,000$
604,800
Factory overhead:
60,480$
36,000
12,600
b.
Cost of goods sold for March 2016:
163,800$
MIX-A-LOT MANUFACTURING COMPANY
Statement of Cost of Goods Manufactured
Materials inventory, March 1, 2016
Machinery depreciation
Finished goods inventory, March 1, 2016
Heat, light, and power
Purchases
Indirect labor
For the Month Ended March 31, 2016
ON
Cells with non-gray backgrounds are protected and cannot be edited.
Score:
Instructions
Answers are entered in the cells with gray backgrounds.
Exercise 18-15
Name:
Solution
Section:
An asterisk (*) will appear to the right of an incorrect entry.
a. Cost of goods sold:
Cost of goods sold
b. Finished goods inventory at end of month:
Finished goods inventory
c. Direct materials cost:
Direct materials cost
d. Direct labor cost:
Factory overhead costs
Direct labor cost
e. Work in process inventory, end of month:
Work in process inventory
0%
Cells with non-gray backgrounds are protected and cannot be edited.
[Key code here]
Answers are entered in the cells with gray backgrounds.
Score:
Key Code:
Instructions
Exercise 18-17
Name:
Section:
An asterisk (*) will appear to the right of an incorrect entry.
a. Cost of goods sold:
792,000$
462,000
Cost of goods sold 330,000$
b. Finished goods inventory at end of month:
396,000$
c. Direct materials cost:
244,200$
33,000
Direct materials cost 211,200$
d. Direct labor cost:
e. Work in process inventory, end of month:
455,400$
Materials inventory, ending
Cells with non-gray backgrounds are protected and cannot be edited.
Score:
Instructions
Answers are entered in the cells with gray backgrounds.
Cost of goods manufactured
Gross profit
Materials purchased
Total manufacturing costs
Exercise 18-17
Name:
Solution
Section:
Sales
ON
