Bryant company designs and builds fancy dining room tables

Assignment Help Accounting Basics
Reference no: EM13600468

Bryant Company designs and builds fancy dining room tables for individual customers. On July 1, there were two jobs in process: Job 391 with a beginning balance of 21,700 dollars and Job 392 with a beginning balance of 8,790 dollars. Overhead costs are applied by using a rate of 70% of direct labor costs. Both jobs are unfinished on July 31. Data on July costs for both jobs are as follows:Job 391 Job 392Direct materials 5,100 dollars 9,200 dollars.Direct Labor cost 2,700 dollars 11,00 dollars What is the total of the Work in Process Account at July 31?

Reference no: EM13600468

Questions Cloud

On january 15 2009 tallyho corp incorporated in georgia and : on january 15 2009 tallyho corp. incorporated in georgia and was authorized to issue 3000000 shares of common stock. in
Compute the indirect production costs allocated to each : the manufacturing division of an electronics company uses activity-based costing. the company has identified three
Wrights construction builds custom houses for individual : wrights construction builds custom houses for individual buyers. on july 1 it had one job started with a beginning work
What would you expect to happen to the market price per : marigold enterprises is authorized to issue 1000000 shares of 6 par value common stock. since incorporation 550000
Bryant company designs and builds fancy dining room tables : bryant company designs and builds fancy dining room tables for individual customers. on july 1 there were two jobs in
Pearson brothers recently reported an ebitda of 65 million : pearson brothers recently reported an ebitda of 6.5 million and net income of 1.8 million. it had 2.0 million of
The product normally sells for 160 per unit texas company : texas company produces and sells 22000 units of a single product. costs associated with this level of production are as
If mitchell uses a plantwide overhead rate based on direct : if mitchell uses a plantwide overhead rate based on direct labor hours instead of departmental rates what is the
Mitchell decides to continue using departmental overhead : mitchell decides to continue using departmental overhead rates. what are the predetermined rates for the assembly and

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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