Define cost assigned to the units in the ending work

Assignment Help Cost Accounting
Reference no: EM13505729

In the month of September, a department had 500 units in the beginning work in process inventory that were 60% complete. These units had $30,000 of materials costs and $22,500 of conversion costs. Materials are added at the beginning of the process and conversion costs are added uniformly throughout the process. During September, 10,000 units were completed and transferred to the finished goods inventory and there were 2,000 units that were 25% complete in the ending work in process inventory on September 30. During September, manufacturing costs charged to the department were: Materials $690,000; Conversion costs $765,000.

The cost assigned to the units in the ending work in process inventory on September 30 was.

 

Reference no: EM13505729

Questions Cloud

Explain sodium thiosulfate solution : How do you determine the concentration of thiosulfate ions in 0.25M sodium thiosulfate solution
Should norman accept or reject the special order : Should Norman accept or reject the special order to pour 40 slabs for $2,250 each? Support your answer with appropriate computations.
Define the solubility products for the compound : From the solubility data given, calculate the solubility products for the following compound Ag3PO4, 6.7 x 10^-3 g/L
How much work is done by the truck in pulling the blimp : A small blimp is used for advertising purposes at a football game. It has a mass of 86.6 kg and is attached by a towrope to a truck on the ground. how much work is done by the truck in pulling the blimpb
Define cost assigned to the units in the ending work : In the month of September, a department had 500 units in the beginning work in process inventory that were 60% complete. These units had $30,000 of materials costs and $22,500 of conversion costs.
What is the speed with which the sled moves across the snow : A horse draws a sled horizontally on snow at constant speed. The horse can produce a power of 1.095 hp. What is the speed with which the sled moves across the snow
Find out the molar solubility in solution : The solubility product of PbBr2 is 8.9x10^-6. Determine the molar solubility in 0.20M Pb(NO3)2 solution
What is the total work done by this force : A constant force, F = (4.63, ?3.79, 1.96) N,acts on an object of mass 18.9 kg, What is the total work done by this force
Identify performance gaps between the bookstore results : Identify performance gaps between the Bookstore results and the AUCC averages and consider possible corrective actions and what objectives and related performance measures might she consider? Provide specific answers.

Reviews

Write a Review

Cost Accounting Questions & Answers

  Peerless company has a maximum capacity of 500000 units per

peerless company has a maximum capacity of 500000 units per year. variable manufacturing costs are 25 per unit. fixed

  What is the harm to the company

Why would the manager do this and what is the harm to the company and what should Ace do, and why?

  Determine the equivalent units of production

Determine the equivalent units of production for each cost element in the Creation Dep. for the month just ended and evaluate the average cost per equivalent unit for every cost element.

  Special revenue fund - voluntary non-exchange transactions

Special Revenue Fund - Voluntary Non-exchange Transactions. In FY 2012, the city expended $90,000 for park improvements from grant resources.

  Calculate the current ratio

Calculate the current ratio and Does it appear likely that Mister Ribs will be able to pay its current liabilities as they come due in the next year?

  Calculate revised eps and gearing using share financing

Calculate the current earnings per share and calculate the current gearing and calculate the revised EPS and gearing using ordinary share financing

  How to prepare a statement of cash flows

At December 31, 009, Cash was $72,650, Accounts Receivable was $35,250, and Accounts Payable was $32,500. Prepare a statement of cash flows for the year 2009 for Lander.

  What value should land be recorded in easy repair service

On June 10, Easy Repair Service extended an offer of $95,000 for land that ha been priced for sale at $118, 500.

  Questionshow the entitys assessment of and satisfaction

questionshow the entitys assessment of and satisfaction with the ais in fulfilling the gets of the entity. add the

  Analyse the corporate law issues arising from the situation

Discuss the actions of Leo in relation to the new company. Does the new company have to pay the lease and if so what would be the procedure?

  What is the amount of the annual pension payment

Illinois Wholesale Company has an agreement with it sales manager entitling that individual to 7% of company earning as a bonus. Company income for the calendar year before bonus and income tax is $350,000. Income tax is 30% of income after bonus.

  The following exercise needs to be answered according to

the following exercise needs to be answered according to australian accounting standards board legislation and must

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