User Account

All Pages

Builder products inc manufactures a caulking compound that

Assignment Help Accounting Basics
Reference no: EM13589273

Builder Products, Inc., manufactures a caulking compound that goes through three processing stages prior to completion. Information on work in the first department, Cooking, is given below for May:

Production data:

Pounds in process, May 1; materials
    100% complete; conversion 90% complete
63,000   
Pounds started into production during May
280,000   
Pounds completed and transferred out
?   
Pounds in process, May 31:
      materials 75% complete; conversion 25% complete
23,000   
Cost data:

Work in process inventory, May 1:

Materials cost $ 67,500   
Conversion cost $ 29,100   
Cost added during May:

Materials cost $ 350,690   
Conversion cost $ 159,8

Reference no: EM13589273

Questions Cloud

At a sales level of 80000 blue companys contribution : at a sales level of 80000 blue companys contribution margin is 34000. if the degree of operating leverage is 5 at a
What is the kinetic energy of the projectile when it : question a 2.0 kg projectile if fired with initial velocity components vox 30 ms and voy 40 ms from a point on the
Compute 1 the contribution margin for the current year and : lorge corporation has collected the following information after its first year of sales. sales were 1982400 on 123900
Rothe company manufactures and sells a single product that : rothe company manufactures and sells a single product that it sells for 80 per unit and has a contribution margin ratio
Builder products inc manufactures a caulking compound that : builder products inc. manufactures a caulking compound that goes through three processing stages prior to completion.
Last year flynn company reported a profit of 58000 when : last year flynn company reported a profit of 58000 when sales totaled 508000 and the contribution margin ratio was 50.
Determine the magnitude of the acceleration of the train : the train passes point a with a speed of 30 ms and begins to decrease its speed at a constant rate of at -0.25 ms2.
Cindy inc sells a product for 20 per unit the variable : cindy inc. sells a product for 20 per unit. the variable expenses are 14 per unit and the fixed expenses total 34900
During the month of september direct labor cost totaled : during the month of september direct labor cost totaled 13600 and direct labor cost was 40 of prime cost. if total

Reviews

Write a Review

Accounting Basics Questions & Answers

  On june 30 of the current year rural gas amp electric co

on june 30 of the current year rural gas amp electric co. issued 60000000 face value 9 percent 10-year bonds payable

  Describes the audit risk model and its various components

describes the audit risk model and its various components. please select a financial statement account in your industry

  If instead the noncontrolling interest shares of devine had

the holtz corporation acquired 80 percent of the 100000 outstanding voting shares of devine inc. for 7.50 per share on

  Buster container company is suffering declining sales of

buster container company is suffering declining sales of its principal product nonbiodegradeable plastic cartons. the

  Njombe corporation manufactures a variety of products

Njombe Corporation manufactures a variety of products.

  Identify the following transactions by letter and place

Create T accounts for Cash; Supplies; Jim Arnold, Capital; and Utilities Expense. Identify the following transactions by letter and place them on the proper side of the T accounts.

  Prepare a properly classified balance sheet

Prepare a properly classified balance sheet for the Green Manufacturing Company on December 31, 2007. List the additional parenthetical or note disclosures (if any) that should be made for each item. Compute the working capital and the current rat..

  Determine amount of interest to be capitalized

Determine the amount of interest to be capitalized in 2010 in relation to the construction of the building. Prepare the journal entry to record the capitalization of interest and the recognition of interest expense, if any, at December 31, 2010."

  Present value of the pension obligation

On the basis of the information above, determine the present value of the pension obligation (liability).

  In assessing control risk for purchases an auditor vouches

in assessing control risk for purchases an auditor vouches a sample of entries in the voucher register to the

  Determining income statement for subscriptions revenue

In November and December 2007, ABC Company received $75,000 for 1,000 three-year subscriptions at $25 per year starting with the January 2008 issue. What amount should ABC report in its 2007 income statement for Subscriptions Revenue

  Interest rate inherent in the credit terms

Stanton Company purchased merchandise with an invoice price of $2,000 and credit terms of 1/10, n/30. Assuming a 360 day year, what is the implied annual interest rate inherent in the credit terms?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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