በጣም ስፈለገዉና የነበረና በጣም የሚያስፈልገኝ ት/ት ስለሰጠኸን ባጣም አመሰግናለሁ። ጥያቄ ግን አለኝ exercise 2 ላይ ጊቭን ስትሰጥ indirect material 87000 and indirect labor 9700 ተሰቶናል ስለዚህ ደምረን MOH ማግኘት አንችልም ወይ እሱ አልገባኝም b/c as you said MOH IS the total OF IM and IL
Art Co. is a manufacturer that uses job-order costing. On January 1, the beginning of its fiscal year, the company’s inventory balances were as follows: Raw materials . . . . . . . . . . . . $20,000 Work in process . . . . . . . . . . $15,000 Finished goods . . . . . . . . . . . $30,000 The company applies overhead cost to jobs on the basis of machine-hours worked. For the current year, the company estimated that it would work 75,000 machine-hours and incur $450,000 in manufacturing overhead cost. The following transactions were recorded for the year: Raw materials were purchased on account, $410,000. Raw materials were requisitioned for use in production, $380,000 ($360,000 direct materials and $20,000 indirect materials). The following costs were accrued for employee services: direct labor, $75,000; indirect labor, $110,000; sales commissions, $90,000; and administrative salaries, $200,000. Sales travel costs were $17,000. Utility costs in the factory were $43,000. Advertising costs were $180,000. Depreciation was recorded for the year, $350,000 (80% relates to factory operations, and 20% relates to selling and administrative activities). Insurance expired during the year, $10,000 (70% relates to factory operations, and the remaining 30% relates to selling and administrative activities). Manufacturing overhead was applied to production. Due to greater than expected demand for its products, the company worked 80,000 machine-hours during the year. Goods costing $900,000 to manufacture according to their job cost sheets were completed during the year. Goods were sold on account to customers during the year for a total of $1,500,000. The goods cost $870,000 to manufacture according to their job cost sheets. Required: - Prepare journal entries to record the preceding transactions and prepare schedule of cost of goods manufactured & schedule of cost of goods sold? Pleace do it
በጣም ጠቃሚ ትምህርት ነው እናመሰግናለን🙏
goood job
እጅግ በጣም እያገስከን ስለሆነ እናመሰግናለን
በጣም ጠቃሚ ትምህርት ነው እናመሰግናለ ሰለ process cost ከነ example በታሰየነ በተላይ soft drink ላይ ቢሆን ጥሩ ነው
እሺ ሌላ የጀመርኩት አለ ስጨርስ አዘጋጃለሁ
You are genius sir big respect ...keep in touch
ትምህርቱ ጥሩ ነው ብዙ ዕውቀት ገብይተናል activity based cost ብታብራራልን አመስግናለሁ
You are genius !
Tebarek
Amin
❤❤❤
Thanks Hani Tube very thanks ...
Thanks nice teacher
Nice verry
Thanks bro❤
waw
inamsegnalan
Ante betam gobez neh berta ketlbet enam esti ychn tiyake sralgn
Would you mind cost accounting books for non-accountant?
thank you
You're welcome
nice
Amazing
I like it. thank you.
Well Hani😊
Thanks so much
🙏🙏
Love it bro
በጣም ጥሩ የትምህርት አሰጣጥ ነው ግን ቶሎ ቶሎ ላክልን አትጥፋ
Amesegenalew.
በጣም ስፈለገዉና የነበረና በጣም የሚያስፈልገኝ ት/ት ስለሰጠኸን ባጣም አመሰግናለሁ።
ጥያቄ ግን አለኝ exercise 2 ላይ ጊቭን ስትሰጥ indirect material 87000 and indirect labor 9700 ተሰቶናል ስለዚህ ደምረን MOH ማግኘት አንችልም ወይ እሱ አልገባኝም b/c as you said MOH IS the total OF IM and IL
ልክ ነው ይቻላል ሆኖም ግን ጥያቄዉ ላይ አጠቃላይ How much applied MOH ? የሚለው ስለሆነ ነው 160% ያባዛነው
OK thank you so much know I understand @@Ethiopiatax
Betam arif timihirt new process costing bitketililn des ylegnal
how it comes sales 205,000 ?
hi tiyake bilkeleh liseralign tichelaleh???
selam maw wendeme temhirt astathin beta wedgewalw enamsegnalen berta bezhiw ketel እና ካላስቸገርኩ እባክህን ስለፒሽትሪ lessen 2 እንደሌላው በደንብ አብራራልኝ እና vat riport በየሶት ወር ሲደረግ ገቢ ወጪ ምኑን ከምኑ ጋር ደምረን ዲክላሬሽን እንዴት እደምናስገባ ለምሳሌ ለአስመጪዎች እባክህን በደንብ አሰረዳኝ
TAMCHATOGNAL BAZIHU QAXALU
Art Co. is a manufacturer that uses job-order costing. On January 1, the beginning of its fiscal year, the company’s inventory balances were as follows: Raw materials . . . . . . . . . . . . $20,000 Work in process . . . . . . . . . . $15,000 Finished goods . . . . . . . . . . . $30,000 The company applies overhead cost to jobs on the basis of machine-hours worked. For the current year, the company estimated that it would work 75,000 machine-hours and incur $450,000 in manufacturing overhead cost. The following transactions were recorded for the year:
Raw materials were purchased on account, $410,000.
Raw materials were requisitioned for use in production, $380,000 ($360,000 direct materials and $20,000 indirect materials). The following costs were accrued for employee services: direct labor, $75,000; indirect labor, $110,000; sales commissions, $90,000; and administrative salaries, $200,000. Sales travel costs were $17,000.
Utility costs in the factory were $43,000. Advertising costs were $180,000. Depreciation was recorded for the year, $350,000 (80% relates to factory operations, and 20% relates to selling and administrative activities).
Insurance expired during the year, $10,000 (70% relates to factory operations, and the remaining 30% relates to selling and administrative activities).
Manufacturing overhead was applied to production.
Due to greater than expected demand for its products, the company worked 80,000 machine-hours during the year.
Goods costing $900,000 to manufacture according to their job cost sheets were completed during the year.
Goods were sold on account to customers during the year for a total of $1,500,000. The goods cost $870,000 to manufacture according to their job cost sheets. Required: - Prepare journal entries to record the preceding transactions and prepare schedule of cost of goods manufactured & schedule of cost of goods sold?
Pleace do it