Reference no: EM132562620
The cost data of a two-stage enterprise producing Y product by putting all the first raw materials and materials at the beginning of production is as follows.
Phase I
Beginning of the Semester. Semi products -
Started Production 6.000
Inherited from the Previous Phase -
Total Entering Production 6,000
Completed and Transfer to Next Phase. 4500
Completed and Taken to Stock -
Semester end 1,500
Total of Production 6,000
Semester Final Completion Degrees
Direct First Material Material Expense -
Direct Labor Cost -
General Production Expenses -
Semester Final Completion Degrees
Direct First Material Material Expense 100%
Direct Labor Cost 40%
General Production Expenses 20%
Period Costs
Direct Initial Material Expense 240,000
Direct Labor Expenses 153.000
General Production Expenses 72.000
By arranging the equivalent products unit table,
Question a) Calculate the total cost of the units transferred to the second phase,
Question b) Calculate the total cost of the units remaining at the end of the period.
|
What is the direct materials efficiency
: Direct Materials is $1.70 per pound and the Direct Labor has a standard price of $9.00 per hour. What is the direct materials efficiency (quantity) variance
|
|
What would be the net rental income
: Rental revenue, including unearned rent deposits of $1,000, was $35,000. What would be the net rental income
|
|
Prepare profit or loss account for sales
: Prepare profit/loss account for sales of 200 peices, 300 pieces. Purchase cost 1100 per peice. Sales cost 1800 per piece. Expenses per month
|
|
Distribute the combined cost using the gross profit rate
: Distribute the combined cost on the assumption that 420 kg of finished products with a market value of 10 dollars / kg are released
|
|
Calculate the total cost of the units transferred to pahse
: Calculate the total cost of the units transferred to the second phase, Calculate the total cost of the units remaining at the end of the period.
|
|
What amount reported as loss on note receivable discounting
: Company accepted from a customer a P4,000,000, 90-day, 12% note dated August 31, 2019. What amount should be reported as loss on note receivable discounting
|
|
How much will save annually due to decision
: Produced per month, which can be sold for P.2.20 per kg., should the firm make the investment? How much will he save annually due to his decision?
|
|
What amount of loss on factoring should be recognized
: The entity had previously established an allowance for doubtful accounts of P250,000 in connection with such accounts. What amount of loss on factoring
|
|
Intended and unintended consequences of these partnerships
: Describe why nonprofits were able to fill need when other entities were not able too. Describe the intended and unintended consequences of these partnerships
|