Top Posters
Since Sunday
r
4
L
4
3
d
3
M
3
l
3
V
3
s
3
d
3
a
3
g
3
j
3
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
rhialways659 rhialways659
wrote...
Go to Answer
Posts: 151
Rep: 0 0
A year ago

Koczela Incorporated has provided the following data for the month of May:

Inventories:

BeginningEnding
Work in process$17,000$12,000
Finished goods$46,000$50,000

Additional information:

Direct materials$57,000
Direct labor cost$87,000
Manufacturing overhead cost incurred$63,000
Manufacturing overhead cost applied to Work in Process$61,000

Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold.

The adjusted cost of goods sold that appears on the income statement for May is:



▸ $206,000

▸ $214,000

▸ $208,000

▸ $210,000
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
Read 49 times
1 Reply
Replies
Answer verified by a subject expert
tswinson3tswinson3
wrote...
#1
Posts: 154
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

rhialways659 Author
wrote...

A year ago
Correct Slight Smile TY
MLynneMcMillan
wrote...

Yesterday
Thank you, thank you, thank you!
kater28
wrote...

2 hours ago
Thanks for your help!!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  2111 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 1625
  
 328
  
 197
Your Opinion
What's your favorite funny biology word?
Votes: 401
Previous poll results: Do you trust social media networks with protecting your privacy?