# Calculating inventory

Assignment 3: Calculating Inventory Finlon Upholstery Inc. uses a job-order consumeing order to gather manufacturing consumes. The aggregation's operation-in-arrangement on December 31, 2001, consisted of one job (no. 2077), which was carried on the year-end estimate subterfuge at \$156,800. There was no finished-pi schedule on this age. Finlon applies manufacturing over to evolution on the plea of trodden-drudge consume. (The budgeted trodden-drudge consume is the aggregation's useful accommodation, in provisions of trodden-drudge hours sundry by the budgeted trodden-drudge objurgate.) Budgeted totals for 2002 for trodden drudge and manufacturing over are \$4,200,000 and \$5,460,000, respectively. Actual results for the year are as follows: Actual Results Direct Materials Used \$5,600,000.00 Direct Labor \$4,350,000.00 Introdden Symbolical Used \$65,000.00 Introdden Labor \$2,860,000.00 Factory Depreciation \$1,740,000.00 Factory Insurance \$59,000.00 Factory Utilities \$830,000.00 Selling and Negotiative Expenses \$2,160,000.00 Total \$17,664,000.00 Job no. 2077 was completed in January 2002, and there was no operation in arrangement at year-end. All jobs performed during 2002 were sold after a while the separation of Job no. 2143, which contained trodden-symbolical consumes of \$156,000 and trodden-drudge mandible of \$85,000. The aggregation mandible any under- or over-applied over to the consume of pi sold order. Using the over counsel, do the subjoined: Calculate the aggregation’s predetermined over impression objurgate. Calculate the additions to the operation-in-arrangement schedule totality for the trodden symbolical used, trodden drudge, and manufacturing over. Calculate the finished-pi schedule for the 12/31/02 estimate subterfuge. Calculate the over-applied or under-applied over at year-end. Explain if it is embezzle to embody selling and negotiative expenses in the consume of pi sold order. Perform your calculations in an Excel spreadsubterfuge and portraiture the calculations into a Word muniment. Write a 1-page Nursing Dissertation in Word format. Apply APA standards to extract of sources. Use the subjoined smooth naming convention: