Top Posters
Since Sunday
5
o
5
4
m
4
b
4
x
4
a
4
l
4
t
4
S
4
m
3
s
3
New Topic  
triciababy1 triciababy1
wrote...
Posts: 130
Rep: 0 0
11 months ago

The accounting records of Omar Corporation contained the following information for last year:

BeginningEnding
Direct materials inventory$ 9,000$ 7,000
Work in process inventory$17,000$31,000
Finished goods inventory$10,000$15,000

Manufacturing Costs Incurred
Direct materials used$ 72,000
Overhead applied$ 24,000
Direct labor cost (10,000 hours)$ 80,000
Depreciation$ 10,000
Rent$ 12,000
Taxes$ 8,000
Unadjusted cost of goods sold (does not include overapplied or underapplied overhead)$157,000

Selling, General, and Administrative Costs Incurred
Advertising$ 35,000
Rent$ 20,000
Clerical$ 25,000

The total costs added to Work in Process during the year were:



▸ $206,000

▸ $162,000

▸ $176,000

▸ $182,000
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
Read 64 times
1 Reply
Replies
Answer verified by a subject expert
meowkitty813meowkitty813
wrote...
Posts: 107
Rep: 0 0
11 months ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

triciababy1 Author
wrote...

11 months ago
this is exactly what I needed
wrote...

Yesterday
Correct Slight Smile TY
wrote...

2 hours ago
Thanks
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1112 People Browsing
Related Images
  
 860
  
 69
  
 320
Your Opinion
What percentage of nature vs. nurture dictates human intelligence?
Votes: 387

Previous poll results: Do you believe in global warming?