AC 330 help A Guide to career/Snaptutorial AC 330 help A Guide to career/Snaptutorial | Page 2

b) Period cost
E1-3B
Instructions
Work in process inventory was 17,500 at 1/1 and 14,000 at 12/31.
Finished goods inventory was 60,500 at 1/1 and 42,000 at 12/31.
(a) Compute cost of goods manufactured.
(b) Compute cost of goods sold.
E1-4B
Instructions
Complete the cost of goods manufactured schedule for Juan
Manufacturing Company.
E1-5B
Instructions
Complete the cost of goods manufactured schedule for Juan
Manufacturing Company.
E1-6B
Instructions
(a) Indicate the missing amount for each letter.
(b) Prepare a condensed cost of goods manufactured schedule for
situation (1) for the
Year ended December 31, 2014.
E1-7B
Instructions
(a) Prepare a cost of goods manufactured schedule for June 2014.
(b) Prepare an income statement through gross profit for June 2014
assuming net sales
E1-8B
Instructions
(A) Prepare a schedule of cost of contract services provided (similar
to a cost of goods
Manufactured schedule) for the month.
(b) For those costs not included in (a), explain how they would be
classified and reported
In the financial statements.
E1-9B
Instructions
(a) Compute cost of goods manufactured.