Use the Following Information to Prepare a Cost of Goods

question 23

Essay

Use the following information to prepare a cost of goods manufactured schedule for Bellevue Company for the year ended December 31, 2012:
$\begin{array}{ll}\text { Ending raw materials inventory } & \$ 40,800 \\\text { Ending work-in-process inventory } & 52,800 \\\text { Depreciation-factory } & 16,800 \\\text { Direct labor } & 84,000\\\text { Indirect labor } & 10,000 \\\text { Indirect materials } & 14,400 \\\text {insurance-factory } & 18,000 \\ \text { Begintring work-in-process inventory }& 64,800\\\text { Beginning raw materials inventory } & 36,000 \\\text { Payroll taxes-factory } & 16,800\\\text { Raw materials purchased }&76,800\\\text { predeterminded overhead rate }&85\%&\text {of direct labor cost }\end{array}$

Learn to utilize specific functions for manipulating text data.

Grasp the concept of absolute and relative references in formulas and named ranges.

Recognize the significance of workbook and worksheet protection options for data security.

Know how to manage user interface configurations and user account settings.

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Definitions:

NEPA

Stands for the National Environmental Policy Act, a U.S. federal law that promotes the enhancement of the environment and establishes the necessary processes for environmental impact statements.

Local Municipality

A city, town, or other district possessing corporate status and usually its own local government within a larger state or nation.

Injection of Wastes

The disposal of waste by pumping it below the earth's surface into porous rock formations.

Clean Water Act

U.S. federal law aimed at reducing pollution and protecting the quality of the nation’s waters.