How much is ending amount of raw materials


Marion Manufacturing has the following labor costs:
Factory—Gross wages $141,000
Factory—Net wages 118,000
Employer Payroll Taxes Payable 23,000

How much should Marion debit to Factory Labor to record these amounts?

At May 31, 2006, Beyonce Inc. has $4,500 in beginning raw materials, $6,000 of direct labor. If manufacturing overhead was $10,500, total manufacturing costs was $50,500 and total raw material purchases were $36,000, how much is ending amount of raw materials?

Chicotti Company has 3,000 units in beginning work in process, 30% complete as to conversion costs, 25,000 units transferred out to finished goods, and 1,000 units in ending work in process 20% complete as to conversion costs. The beginning and ending inventory is fully complete as to materials costs. How much are equivalent units for conversion costs if the weighted average method is used?

One of Astro Company's activity cost pools is machine setups, with estimated overhead of $150,000. Astro produces sparklers (400 setups) and lighters (600 setups). How much of the machine setup cost pool should be assigned to sparklers?

At the beginning of the year, Swaim Company estimated annual overhead costs to be $400,000 and machine hours to be used at 200,000. Swaim uses machine hours as the base. Actual machine hours totaled 180,000 during the year. How much overhead did the company apply during the year?

Lamb’s conversion cost per unit is $6.00. The total cost per unit is $14.00. What is the material cost per unit?

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Accounting Basics: How much is ending amount of raw materials
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