Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question - Birmingham Bowling Ball Company (BBBC) uses a job-order costing system to accumulate manufacturing costs. The company's work-in-process on December 31, 20x3, consisted of one job (no. 3088), which was carried on the year-end balance sheet at $78,400. There was no finished-goods inventory on this date.
BBBC applies manufacturing overhead to production on the basis of direct-labor cost. Budgeted totals for 20x4 for direct labor and manufacturing overhead are $2,100,000 and $2,730,000, respectively.
Actual results for the year follow.
Job no. 3088 was completed in January 20x4; there was no work in process at year-end. All jobs produced during 20x4 were sold with the exception of job no. 3154, which contained direct-material costs of $78,000 and direct-labor charges of $42,500. BBBC charges any under- or overapplied overhead to Determine BBBC's 20x4 cost of goods sold.
Information Needed:
Direct material
$2,800,000.00
Direct labor
$2,175,000.00
Indirect material
$32,500.00
Indirect labo
$1,430,000.00
Factory depreciation
$870,000.00
Factory insurance
$29,500.00
Factory utilities
$415,000.00
Selling and administrative expenses
$1,080,000.00
Total
$8,832,000
What are Austin's total itemized deductions on Schedule A, The amount of Austin's retirement savings contributions credit in the Tax and Credits
What is its new target variable cost per skier / snowboarder? Compare this to the current variable cost per skier / snowboarder. Comment on your results.
which of the following accounts is a monetary item?
snake creek company has a trusted employee who as the owner said handles all of the book keeping and paper work for the
Pelican Company made a December 31 adjusting entry to debit Salaries Expense and credit Salaries Payable for $3,600. On January 2, Pelican paid the weekly payroll of $6,000. Prepare Pelican's
The differences in accounting for proceeds from the issuance of convertible bonds and of debt instruments with separate warrants to purchase common stock.
korte company is currently producing 16000 units per month which is 80 of its production capacity. variable
describe briefly the error or irregularity it can prevent or detect
Auditors' Liability under Securities Exchange Act of 1934. Adam, an Illinois resident, was interested in purchasing stock in Joshua Foods Inc.
When does your company record revenue from the sale of merchandise or services and how does your company account for sales returns?
Journalize the entries to record the transactions of Essex Company for July using the periodic inventory system
reasons construction is constructing an office building under contract for cannon cafe. the contract calls for progress
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd