Complete the production cost report for the welding

Assignment Help Accounting Basics
Reference no: EM13596615

The Welding Department of Hirohama Manufacturing Company has the following production and manufacturing cost data for February 2008. All materials are added at the beginning of the process. Hirohama uses the FIFO method to compute equivalent units.

  • Manufacturing Costs
  • Production Data

Beginning work in process $32,175 Beginning work in process 15,000 units

  • Costs transferred in 135,000 10% complete
  • Materials 57,000 Units transferred out 50,000
  • Labor 35,100 Units transferred in 60,000
  • Overhead 71,900 Ending work in process 25,000 units
  • 20% complete

Complete the production cost report for the Welding Department for the month of February. Transferred in costs are considered materials costs.

Reference no: EM13596615

Questions Cloud

In an effort to isolate the problem the president has asked : bovine company a wholesale distributor of dvds has been experiencing losses for some time as shown by its most recent
Robert buey became chief executive officer of phelps : robert buey became chief executive officer of phelps manufacturing two years ago. at the time the company was reporting
Randon house current eps is 650 it was 442 five years ago : randon house current eps is 6.50. it was 4.42 five years ago. the company pays out 40 of its earnings as dividends and
Pro sports inc manufactures basketballs for the national : pro sports inc. manufactures basketballs for the national basketball association nba. for the first 6 months of 2008
Complete the production cost report for the welding : the welding department of hirohama manufacturing company has the following production and manufacturing cost data for
If there were 60000 pounds of raw materials on hand on : if there were 60000 pounds of raw materials on hand on january 1 120000 pounds are desired for inventory at january 31
Original purchase cost 15000 25000 accumulated depreciation : twyla enterprises uses a computer to handle its sales invoices. lately business has been so good that it takes an extra
Sy telc has recently started the manufacture of recrobo a : sy telc has recently started the manufacture of recrobo a three wheeled robot that can scan a home for fires and gas
Frha co purchases a machine for 11500 terms 210 n60 fob : farha co. purchases a machine for 11500 terms 210 n60 fob shipping point. the seller prepaid the 260 freight charges

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