135.Use the following data to determine the cost of goods manufactured.
Beginning finished goods inventory$10,800
Direct labor30,600
Beginning work in process inventory7,200
General and administrative expenses13,500
Direct materials used40,500
Ending work in process inventory9,000
Indirect labor6,300
Ending finished goods inventory9,500
Indirect materials13,500
Depreciation—factory equipment7,500
A.$102,000.
B.$110,100.
C.$96,600.
D.$113,700.
E.$100,200.
136.Use the following data to compute total factory overhead costs for the month.
Sales commissions10,800
Direct labor39,600
Indirect materials15,200
Factory manager salaries7,200
Factory supplies9,000
Indirect labor6,300
Depreciation—office equipment5,000
Direct materials40,500
Corporate office salaries42,500
Depreciation—factory equipment7,500
A.$141,100.
B.$125,300.
C.$45,200.
D.$84,800.
E.$58,300.
137.Use the following data to compute total manufacturing costs for the month.
Sales commissions10,800
Direct labor39,600
Indirect materials15,200
Factory manager salaries7,200
Factory supplies9,000
Indirect labor6,300
Depreciation—office equipment5,000
Direct materials40,500
Corporate office salaries42,500
Depreciation—factory equipment7,500
A.$141,100.
B.$125,300.
C.$45,200.
D.$84,800.
E.$58,300.
138.Use the following information to compute the cost of goods manufactured:
Beginning raw materials$5,500
Ending raw materials4,000
Direct labor12,250
Raw material purchases7,400
Depreciation on factory equipment6,500
Factory repairs and maintenance3,300
Beginning finished goods inventory10,200
Ending finished goods inventory8,900
Beginning work in process inventory5,700
Ending work in process inventory6,300
A.$36,650.
B.$30,950.
C.$30,650.
D.$30,350.
E.$31,650.
139.The following information pertains to the Packer Corporation. Calculate the cost of goods sold for the period:
Beginning Raw Materials$30,000
Ending Raw Materials$70,000
Beginning Work in Process Inventory$40,000
Ending Work in Process Inventory$46,000
Beginning Finished Goods Inventory$72,000
Ending Finished Goods Inventory$68,000
Cost of Goods Manufactured for the period$246,000
A.$250,000.
B.$290,000.
C.$242,000.
D.$258,000.
E.$246,000.
140.The following information pertains to the Frameworks Corporation for May. Calculate the cost of goods sold for the period:
Beginning Finished Goods Inventory$19,500
Ending Finished Goods Inventory$18,000
Cost of Goods Manufactured$126,800
A.$164,300.
B.$126,800.
C.$125,300.
D.$146,300.
E.$128,300.
141.Using the information below, calculate the cost of goods manufactured for the period.
Beginning Raw Materials Inventory$25,000
Ending Raw Materials Inventory$30,000
Beginning Work in Process Inventory$55,000
Ending Work in Process Inventory$64,000
Beginning Finished Goods Inventory$80,000
Ending Finished Goods Inventory$67,000
Cost of Goods Sold for the period$540,000
Sales revenues for the period$1,254,000
Operating expenses for the period$232,000
A.$553,000.
B.$536,000.
C.$549,000.
D.$527,000.
E.$525,000.
142.Using the information below, calculate gross profit for the period.
Beginning Raw Materials Inventory$25,000
Ending Direct Materials Inventory$30,000
Beginning Work in Process Inventory$55,000
Ending Work in Process Inventory$64,000
Beginning Finished Goods Inventory$80,000
Ending Finished Goods Inventory$67,000
Cost of Goods Sold for the period$540,000
Sales revenues for the period$1,254,000
Operating expenses for the period$232,000
A.$714,000.
B.$482,000.
C.$1,022,000.
D.$187,000.
E.$727,000.
143.Using the information below, calculate cost of goods sold for the period.
Sales revenues for the period$1,304,000
Operating expenses for the period$239,000
Finished Goods Inventory, January 136,000
Finished Goods Inventory, December 3141,000
Cost of goods manufactured for the period$540,000
A.$774,000.
B.$769,000.
C.$530,000.
D.$535,000.
E.$448,000.
144.Using the information below, calculate gross profit for the period.
Sales revenues for the period$1,304,000
Operating expenses for the period$239,000
Finished Goods Inventory, January 136,000
Finished Goods Inventory, December 3141,000
Cost of goods manufactured for the period$540,000
A.$774,000.
B.$769,000.
C.$530,000.
D.$535,000.
E.$448,000.
