Compute the base fab department cost

Assignment Help Business Management
Reference no: EM133175559

Romana paint produces exterior paint, which it sells in one-gallon containers. The company has two processing  departments - Base Fab and Finishing. Information relating to the Base fab department's April operation is as follows -  

Production data:

 

Units in process, April 1: Materials 80% complete, labor and overhead 50% complete 

25,000

Units started into production during April 

125,000

Units completed and transferred to finishing department 

120,000

Units in process, April 30: Materials 60% complete, labor and overhead 25% complete 

30,000

Cost data:

 

Work in process inventory on April 1

 

Materials 

$ 82,000

Labor 

$ 41,000

Overhead 

$ 27,000

Cost added during April:

 

Materials 

$401,000

Labor 

$210,000

Overhead 

$140,000

Total cost added during April 

$751,000

Compute the Base Fab Department's cost of ending work in process inventory and cost of completed units transferred to the next  department.

Reference no: EM133175559

Questions Cloud

Thoughts on the risks and rewards of licensing : What are your thoughts on the risks and rewards of licensing? How do you think your future career might be impacted by intellectual property licensing?
Discuss the ethical dilemma faced by jim fielding : The J.B. Sales will simply return the inventory in 2018 after the financial statements have been issued." Discuss the ethical dilemma faced by Jim Fielding
Discuss feedback with trainer : This portfolio consists of task which require you to design and write 2 different complex documents as outlined in each task. Each final document for each task
What you think is an appropriate transfer price of microchip : The watch division wants to use DeMarcus microchips in the digital watches. What do you think is an appropriate transfer price of the microchip
Compute the base fab department cost : Romana paint produces exterior paint, which it sells in one-gallon containers. The company has two processing departments - Base Fab and Finishing. Information
Difference between microeconomics and macroeconomics : 1. What is the difference between microeconomics and macroeconomics?
What is the apr of this loan : All the loan closing fees is $3,000 including fees to third parties. The monthly payment of the loan is $1,432.2459. What is the APR of this loan
How action plan would improve teaching : Explain how this items addresses the issues in the scenario. Describe and justify how your action plan would improve teaching and learning in the scenario.
Benefits of email marketing : Briefly discuss the 4 benefits of email marketing as compared with traditional mail method.

Reviews

Write a Review

Business Management Questions & Answers

  Reason about the characteristics of invisible objects

Describe these studies, including the methodology and the conclusions.

  Find npv assuming a general inflation rate

A firm is considering a project with a cash flow outlay of 1,000$ now and 5 annual inflows of 500$

  Scenario on sourcing

Focus on talent acquisition and walk through a scenario on sourcing, recruitment, and selection in a labor market with talent shortages.

  How can a risk assessment matrix help in this process

When should this planning and analysis be done? How can a risk assessment matrix help in this process?

  Discuss how most viruses and malware are classified

Discuss how most viruses and malware are classified. How is exposure measured?

  Four ways to improve performance ratings

1. There are four ways to improve performance ratings. Pick one that you think shows the most promise and defend your position.

  Create user accounts on linux distributions

Explain the differences between these two utilities to create user accounts on Linux distributions. If you had a choice, which one would you use?

  Discuss the ethical standards and principals in procurement

Course Unit: Legal issues in procurement.Explain it in simple and easy English.

  Providing plastic injection molding machines

Compare between 3 leading Company that providing plastic injection molding machines? Pros and cons?

  Hedging foreign currency asset or liability

Why might a company prefer a forward contract over an option in hedging a foreign currency asset or liability?

  Determine level of interpersonal skills

What questions would you ask to determine their level of interpersonal skills? What would you look for in their answers?

  Non-traditional organizational structures

Identify the difference between 'traditional' and 'non-traditional' organizational structures.

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