Reference no: EM13746996
Doll Computer manufactures laptop computers under its own brand, but acquires all the components from outside vendors. No computers are assembled until the order is received online from customers, so there is no finished goods inventory. When an order is received, the bill of materials required to fill the order is prepared automatically and sent electronically to the various vendors. All components are received from vendors within three days and the completed order is shipped to the customer immediately when completed, usually on the same day the components are received from vendors. The number of units in process at the end of any day is negligible.
The following data are provided for the most recent month of operations:
Actual components costs incurred: $916,000
Actual conversion costs incurred: $193,000
Units in process, beginning of month: - 0 -
Units started in process during the month: $4,000
Units in process, end of month: - 0 -
(a) Assuming Doll uses traditional cost accounting procedures:
1) How much cost was charged to Work-in-Process during the month?
2) How much cost was charged to cost of goods sold during the month?
(b) Assuming Doll is a lean production company and uses back flush costing method:
1) How much cost was charged to Work-in-Process during the month?
2) How much cost was charged to cost of goods sold during the month?
|
A breakdown in the control system that regulates cell divisi
: Name three types of things in today's world might cause a breakdown in the control system that regulates cell division? Explain how this control system is modified by these three things in such a way that cancer results?
|
|
What effects french revolution have on latin us revolutions
: What effects did the French Revolution have on the Latin American Revolutions? Be sure to use examples from at least two of the revolutions in Latin America that were mentioned.
|
|
Some financial instruments qualify as derivatives
: Some financial instruments qualify as derivatives. Which of the following is the best description of a derivative? On November 1, Year One, the Jeter Company signs a contract to receive one million Japanese yen on February 1, Year Two, for $10,000 ba..
|
|
Insider trading
: The case at FWPL relates to "insider trading". It is a term that most investors are aware of and usually related to illegal conduct. But the phrase actually includes bothlegal and illegal conduct.
|
|
Assuming doll uses traditional cost accounting procedures
: Doll Computer manufactures laptop computers under its own brand, but acquires all the components from outside vendors. No computers are assembled until the order is received online from customers, so there is no finished goods inventory. Assuming Dol..
|
|
A decision was made recently to downsize the nursing staff
: At a local hospital, a decision was made recently to downsize the nursing staff. The local television station sent a reporter and camera crew to interview the administrator regarding the impact of this action on patient care. After 20 minutes filming..
|
|
Explain why you think dna has two strands
: Explain why you think DNA has two strands while RNA has one strand. Relate this to how your own DNA gives you certain characteristics that other members of your family share or don't share.
|
|
Total interest expense equal to the cash interest payments
: Adams, Corp., is planning to issue $520,000 of 6%, five-year bonds payable to borrow for a major expansion. The chief executive, Shane Adams, asks your advice on some related matters. At what type of bond price will Adams have total interest expense ..
|
|
Create the project work breakdown structure
: Fiction Corporation is a large national retail chain of 10,000 employees and 500 retail outlets. Create the project work breakdown structure and resource sheet in Microsoft Project or its open source alternative
|