Construct a cost reconciliation report

Assignment Help Financial Accounting

Reference no: EM13906766

In November, one of the processing departments at Shelp Corporation had beginning work in process inventory of $52,200 and ending work in process inventory of $31,100. During the month, the cost of units transferred out from the department was $614,850.

Required:

Construct a cost reconciliation report for the department for the month of November

Reference no: EM13906766

Questions Cloud

Adjustments in good journal entry format : Prepare the following adjustments in good journal entry format. The beginning balance of the Supplies account was $315. During the month the company bought additional supplies in the amount of $830. At the end of the month a physical inventory showed..

Write programming assignment : Are you able to write programming assignment? The assignment is to implement Adaboost algorithm using Java, and read a .data file as input, and produce training error and generalization errors.

Using the fifo perpetual inventory method : McCarthy Company has inventory of 8 units at a cost of $200 each on October 1. On October 2, it purchased 20 units at $205 each. 11 units are sold on October 4. Using the FIFO perpetual inventory method, what is the value of inventory after the Octob..

How much of the new investment must be financed by common : how much of the new investment must be financed by common equity?

Construct a cost reconciliation report : In November, one of the processing departments at Shelp Corporation had beginning work in process inventory of $52,200 and ending work in process inventory of $31,100. During the month, the cost of units transferred out from the department was $614,8..

Process-costing system-single direct-cost category : Each car seat passes through the assembly department and the testing department. This problem focuses on the assembly department. The process-costing system at Larsen Company has a single direct-cost category. What issues should the manager focus on ..

Create a scatterplot visualization : Create a Scatterplot visualization that reads data from a comma-separated text file. The visualization code should be written in Java using Processing.

Calculate the required size of twenty equal annual payments : Calculate the required size of the 20 equal annual payments if the future sum is to be available immediately after the last payment is made and the future sum is to be available one year after the last deposit is made.

The general ledger account since the acquisition : A company has notes receivable, classified as noncurrent that has a fair value of $920,000 at 12/31/14 and an acquisition cost of $710,000. Management decided at the acquisition date, to use the fair value option for this recently-acquired receivable..

User Account

All Pages