I need help with the formula instead of the actual answer. 78910NNNNNHHнннннннн1234O1112131415161718191062021A222339562425ωωΝΝΝΝΝ26189OHN27282930313233BData Section:CDepreciation-equipmentDirect laborDirect materials inventory, 1/1Direct materials inventory, 12/31Factory rentFinished goods, 1/1Finished goods, 12/31Indirect laborIndirect materialsPurchases of direct materialsWork in process, 1/1Work in process, 12/31Answer Section:DWork in process, 1/1Direct materialsDirect materials inventory, 1/1Add:Purchases of Materials$45,000642,00091,50093,00076,410132,000172,50037,50026,250645,18030,30028,665Jackson ManufacturingSchedule of Cost of Goods Manufactured and SoldFor the Year Ended December 3191,500FORMULA1EF30,300 A813233343536373839A40414243444522S44515. 5 - ප464748495051525354555652BCDirect materials inventory, 1/1Add:Purchases of MaterialsCost of direct materials availableLess: Direct Material, 12/31Cost of direct materials usedDirect laborManufacturing overhead:Factory rentDepreciation - EquipmentIndirect LaborIndirect MaterialTotal manufacturing costs incurredTotal manufacturing costsLess: Work in Process, 12/31Cost of goods manufacturedFinished Goods, 1/1Cost of goods available for saleLess: Finished goods, 12/31Cost of Goods SoldD91,500FORMULA1$0FORMULA2$76,410FORMULA4FORMULA5FORMULA6EFORMULA3642,0000FFORMULA7$0FORMULA8FORMULA9FORMULA10FORMULA11172,500FORMULA12

Cost of goods sold refers to cost directly related to producing goods. It does not include indirect…

7 89 8 9 10 11 12 11 ~ 3 13 14 15 45678 WWWNNNNNNNNNNH1T1T 16 17 18 19 20 21 A 22 23456 23 24 25 26 27 28 29 30 31 32 B Data Section: Depreciation-equipment Direct labor Direct materials inventory, 1/1 Direct materials inventory, 12/31 Factory rent Finished goods, 1/1 Finished goods, 12/31 Indirect labor Indirect materials Purchases of direct materials Work in process, 1/1 Work in process, 12/31 Answer Section: $45,000 642,000 91,500 93,000 76,410 132,000 172,500 37,500 26,250 Work in process, 1/1 Direct materials Direct materials inventory, 1/1 Add: Purchases of Materials 645,180 30,300 28,665 Jackson Manufacturing Schedule of Cost of Goods Manufactured and Sold For the Year Ended December 31 91,500 FORMULA1 30,300

7 89 8 9 10 11 12 11 ~ 3 13 14 15 45678 WWWNNNNNNNNNNH1T1T 16 17 18 19 20 21 A 22 23456 23 24 25 26 27 28 29 30 31 32 B Data Section: Depreciation-equipment Direct labor Direct materials inventory, 1/1 Direct materials inventory, 12/31 Factory rent Finished goods, 1/1 Finished goods, 12/31 Indirect labor Indirect materials Purchases of direct materials Work in process, 1/1 Work in process, 12/31 Answer Section: $45,000 642,000 91,500 93,000 76,410 132,000 172,500 37,500 26,250 Work in process, 1/1 Direct materials Direct materials inventory, 1/1 Add: Purchases of Materials 645,180 30,300 28,665 Jackson Manufacturing Schedule of Cost of Goods Manufactured and Sold For the Year Ended December 31 91,500 FORMULA1 30,300

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter2: Job Order Costing

Section: Chapter Questions

Problem 3E: Cost of materials issuances under the FIFO method An incomplete subsidiary ledger of materials...

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An incomplete subsidiary ledger of materials inventory for May is as follows: a. Complete the materials issuances and balances for the materials subsidiary ledger under FIFO. Received Issued Balance Receiving Report Number Quantity Unit Price MaterialsRequisition Number Quantity Amount Date Quantity Unit price Amount May 1 320 $8 $2,560 27 220 $10 May 4 fill in the blank 96e897097f99fe6_1 fill in the blank 96e897097f99fe6_2 fill in the blank 96e897097f99fe6_3 fill in the blank 96e897097f99fe6_4 fill in the blank 96e897097f99fe6_5 fill in the blank 96e897097f99fe6_6 105 360 $fill in the blank 96e897097f99fe6_7 May 10 fill in the blank 96e897097f99fe6_8 fill in the blank 96e897097f99fe6_9 fill in the blank 96e897097f99fe6_10 33 150 12 May 21 fill in the blank 96e897097f99fe6_11 fill in the blank 96e897097f99fe6_12 fill in the blank 96e897097f99fe6_13 fill in the blank…
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An incomplete subsidiary ledger of materials inventory for May is as follows: a. Complete the materials issuances and balances for the materials subsidiary ledger under FIFO. Received Issued Balance Receiving Report Number Quantity Unit Price MaterialsRequisition Number Quantity Amount Date Quantity Unit price Amount May 1 310 $9 $2,790 27 220 $11 May 4 fill in the blank 0fee43fc4fc8fc9_1 fill in the blank 0fee43fc4fc8fc9_2 fill in the blank 0fee43fc4fc8fc9_3 fill in the blank 0fee43fc4fc8fc9_4 fill in the blank 0fee43fc4fc8fc9_5 fill in the blank 0fee43fc4fc8fc9_6 102 350 $fill in the blank 0fee43fc4fc8fc9_7 May 10 fill in the blank 0fee43fc4fc8fc9_8 fill in the blank 0fee43fc4fc8fc9_9 fill in the blank 0fee43fc4fc8fc9_10 33 150 13 May 21 fill in the blank 0fee43fc4fc8fc9_11 fill in the blank 0fee43fc4fc8fc9_12 fill in the blank 0fee43fc4fc8fc9_13 fill in the blank…
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Cost of Materials Issuances Under the FIFO Method An incomplete subsidiary ledger of materials inventory for May is as follows: Question Content Area a. Complete the materials issuances and balances for the materials subsidiary ledger under FIFO. Received Issued Balance ReceivingReportNumber Quantity UnitPrice MaterialsRequisitionNumber Quantity Amount Date Quantity Unitprice Amount May 1 220 $5 $1,100 24 150 $7 May 4 fill in the blank fill in the blank fill in the blank fill in the blank fill in the blank fill in the blank 100 250 fill in the blank May 10 fill in the blank fill in the blank fill in the blank 30 100 9 May 21 fill in the blank fill in the blank fill in the blank fill in the blank fill in the blank fill in the blank 113 150 fill in the blank May 27 fill in the blank fill in the blank fill in the blank Question Content Area b.…
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