Bradford manufacturing started production this month in

Assignment Help Accounting Basics
Reference no: EM13595827

Bradford Manufacturing started production this month in department A with 7,000 units. They currently have 6,000 in ending inventory that is 30% complete as to material and 60% complete as to conversion costs. They finished and sent 15,000 units to Department B. DM costs for beginning inventory was $14,000 and DM costs added during the month totaled 28,000. Conversion costs for beginning inventory was $35,000 and conversion costs added during the month totaled $ 67,300.

Prepare a production cost summary. Clearly indicate (a) equivalent units, (b) cost/equivalent unit, (c) cost of units transferred to Department B. and (d) cost of ending work in progress inventory for Department A at the end of this month.

Reference no: EM13595827

Questions Cloud

Weldone company applies overhead using machine hours as : weldone company applies overhead using machine hours as the allocation base at a rate of 17 per machine hour. job dk
The macrs depreciation allowances on 3-year property are : the macrs depreciation allowances on 3-year property are 33.33 percent 44.45 percent 14.81 percent and 7.41 percent
Tiana shar the controller for bondi furniture company is in : tiana shar the controller for bondi furniture company is in the process of analyzing the overhead costs for the month
During the current period department a finished and : during the current period department a finished and transferred 50000 units to department b. of the 50000 units 20000
Bradford manufacturing started production this month in : bradford manufacturing started production this month in department a with 7000 units. they currently have 6000 in
The charter of a corporation provides for the issuance of : the charter of a corporation provides for the issuance of 100000 shares of common stock. assume that 45000 shares were
Jerome company applies overhead using a predetermined rate : jerome company applies overhead using a predetermined rate based on a direct material cost. for 2007 estimated material
Tom has visited several financial institutions to discuss : tom loper is an accounting major at a midwestern state university located approximately 60 miles from a major city.
The specific heat of ethylene glycol is 242 jg-k how many j : the specific heat of ethylene glycol is 2.42 jg-k. how many j of heat are needed to raise the temperature of 62.0 g of

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is jason interest income for 2012

What is the total amount of interest Jason's Deli earned from the loan to Mark Johnson?

  Amortization of excesses in periods

Amortization of excesses in periods subsequent to the purchase would affect which sections of a cash flow statement?

  Scheer companys standard labor cost of producing one unit

scheer companys standard labor cost of producing one unit of product dd is 4 hours at the rate of 12.00 per hour.

  Journalize the entries required

Solar Company has 600,000 shares of $75 par common stock outstanding. On February 13, Solar declared a 3% stock dividend to be issued April 30 to stockholders of record on March 14. The market price of the stock was $90 per share on February 13..

  Compute the price and efficiency variances for direct materi

Compute the price and efficiency variances for direct materials and direct labor. Does the pattern of variances suggest All-Star Fender's managers have been making trade-offs? Explain.

  Assume you are responsible for sales tax issues for an

in 2010 colorado became the first state to require nondomiciliary businesses without sales tax nexus to report all the

  Modified accelerated cost recovery system

Suppose new instruments for a firm cost $18,000 with an additional installation fee of $2,000, both of which are depreciable. Complete the depreciation schedule shown below using the Modified Accelerated Cost Recovery System (MACRS) 3-year class.

  What is the best way to handle manufacturing overhead costs

what is the best way to handle manufacturing overhead costs in order to get the most timely job cost information? a.

  Dream expects to produce 1000 sewing machines in the month

dream sewing machine company uses activity-based costing to account for its manufacturing process. following are the

  Erica is a citizen of a foreign country and is employed by

erica is a citizen of a foreign country and is employed by a foreign-based computer manufacturer. ericas job is to

  On march 12 2011 it sold one of its old trucks for 6000

the rite-way plumbing co. began business march 1 2008 in sarasota. its business address is 124 division lane sarasota

  Depreciation for annual adjustment purposes

Which extended the useful life of the truck for an additional two years beyond that originally estimated (salvage value is still estimated at $24,000). In computing depreciation for annual adjustment purposes, expense is calculated for each month ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd