The writer is very fast, professional and responded to the review request fast also. Thank you.
Q1 –
Depreciation for the year amounted to $180,000: 30% relates to sales, 20% relates to administrative facilities, and the remainder relates to the factory. Of the total units produced during FY 2016: 80% were sold in 2018 and the rest remained in finished good inventory. Use this information to determine the dollar amount of the total depreciation that will be contained in Cost of Goods Sold. (Round dollar values & enter as whole dollars only.)
Q2 –
Baltimore Manufacturing had a Work in Process balance of $103,000 on January 1, 2018. The year end balance of Work in Process was $51,000 and the Cost of Goods Manufactured was $690,000. Use this information to determine the total manufacturing costs incurred during the fiscal year 2018. (Round dollar values & enter as whole dollars only.)
Q3
Annapolis Clothing Company manufactures quality boating attire. The following selected financial information for the fiscal year 2018 is provided:
Item
Amount
Sales
$200,000
Cost of Goods Manufactured
59,000
Direct Material Purchased
80,000
Factory Overhead
20,000
Work in Process – January 1
60,000
Work in Process – December 31
30,000
Direct Material – December 31
20,000
Finished Goods Inventory – December 31
46,000
Net Income
30,000
Direct Materials used
60,000
Cost of Goods Sold
57,000
Use this information to determine the dollar amount of Annapolis Clothing’s Finished Goods Inventory for January 1, 2018. (Round dollar values & enter as whole dollars only.)
Show more
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more