Log in

View Full Version : Help with Accounting Problems


AJsuperior
Oct 7, 2012, 07:24 PM
The problem goes as follows:
Prepare a manufacturing statement for Stanley Inc. as of April 30:

Administrative Salaries... 35,000
Depreciation of factory equip... 25,000
Deprec. Of delivery vehicless... 6,000
Direct Labor... 68,000
Factory supplies... 9,000
Finished Goods inventory, May 1... 57,000
Finished Goods inventory, April 30..
Factory insurance... 15,500
Interest expense... 12,000
Factory Utilities... 14,000
Factory Maintenance... 7,500
Raw materials inventory, May 1... 5,000
Raw materials inventory, April 30... 4,000
Raw material purchases... 125,000
Rent on Fact. bldg... 25,000
Repairs of Factory equip... 11,000
Sales commissions... 37,500
Goods in process inventory, May 1... 3,500
Goods in process inventory, April 30... 2,700

paraclete
Oct 7, 2012, 08:11 PM
We need to see your efforts or tell us specifically what the problem is