User Account

All Pages

Determine the amount of the conversion costs

Assignment Help Accounting Basics
Reference no: EM131565765

Question - Foley Electronics Corporation manufactures and assembles electronic motor drives for video cameras. The company assembles the motor drives for several accounts. The process consists of a just-in-time cell for each customer. The following information relates only to one customer's just-in-time cell. For the year planned labor and overhead was $76,800,000; materials costs, $25 per unit. Planned production included 9,600 hours to produce 76,800 motor drives. Actual production for the month of august was 5,200 units, and motor drives shipped amounted to 5,040 units. Determine the amount of the conversion costs charged to raw in process inventory during August.

Reference no: EM131565765

Questions Cloud

What is precise market segment that company will be selling : What is the precise market segment that each proposed company will be selling to you? Do you think it is a good segment to market to?
Discuss the terms relevant reliable and sufficient : Discuss the terms 'Relevant', 'Reliable' and 'Sufficient' as they relate to 'Audit Evidence'
Evaluate the profitability of the process : A new process for producing synthetic diamonds can be operated at a profitable level only if the average weight of the diamonds produced by the process.
Identify what you believe about god : Why is it important to know what you believe and why you believe it? It is important to know what you believe in and why you believe in it
Determine the amount of the conversion costs : Foley Electronics Corporation manufactures and assembles electronic motor drives for video cameras. Determine the amount of the conversion costs
What are your professional goals : What are your professional goals? Describe the steps you plan to take to reach those goals. Include steps that specifically relate to leadership development.
How you would use the discrete mathematics : Information technology (IT) solutions are often dependent upon the application of the discrete mathematics, probability, and statistical methods that you have.
Explain what does triple bottom line mean for a company : Explain What does the triple bottom line mean for a company? What are the three frameworks of the triple bottom line?
Analyze motivational theories and their impact on work : For this assignment, use the same company GOOGLE. Analyze motivational theories and their impact on work behavior and performance.

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd