User Account

All Pages

Determine the direct materials for rolling department of oak

Assignment Help Managerial Accounting
Reference no: EM132992739

Problem 1: The cost of direct materials transferred into the Rolling Department of Oak Ridge Steel Company is $432,000. The conversion cost for the period in the Rolling Department is $144,150. The total equivalent units for direct materials and conversion are 2,400 tons and 2,325 tons, respectively. Determine the direct materials and conversion costs per equivalent unit.

Reference no: EM132992739

Questions Cloud

What is shell acculturation strategy : Royal Dutch Shell (RDS) is a global petroleum company with joint headquarters in London and The Hague. The company employees over 100000 people, approximately
Most important skills learned from education : As a graduate of Excelsior College, what are the most important skills you learned from your education? How do you plan to apply these to your work?
What is the expected return on the shares of the law firm : If the interest rate on treasury bills is 4% and the expected return on the market portfolio is 14%, what is the expected return on the shares of the law firm
Participate in decision making processes : Develop strategies and systems to ensure that individuals and teams are actively encouraged and supported to participate in decision making processes, assume re
Determine the direct materials for rolling department of oak : Direct materials and conversion are 2,400 tons and 2,325 tons, respectively. Determine the direct materials and conversion costs per equivalent unit.
Which the business event would : Grape Company paid $5,000 cash for wages of production workers. The business event would? increase one asset account and decrease another asset account.
Determine what period costs for the period were : Determine what Period Costs for the period were? Paid $10,000 for all material used in starting and completing 50 products this period.
Present a company strategy to your management board : Present a company strategy to your Management Board and to the Federal Government of Australia - Infrastructure and heavy construction
What are the key elements of reactive mode of ethics : What are the key elements of reactive mode of ethics?

Reviews

Write a Review

Managerial Accounting Questions & Answers

  What should be his maximum CPP contribution

Charles is 65 years of age and in receipt of a CPP retirement pension. He filed a CPT30 election. What should be his maximum CPP contribution

  Make budgeted balance sheet as of january

Kama Bay Outfitters is a retail fishing supply, Make budgeted income statement for January 2021 and budgeted balance sheet as of January 31, 2020

  Compute the dollar sales to earn target pre-tax net income

Flannigan Company management targets an annual pre-tax income of $1,125,000. Compute the dollar sales to earn the target pre-tax net income

  Prepare in good form a cash budget for march

Past collection history, Prepare in good form a cash budget for March. Markus Corporation's sales of gizmos are 10% for cash and 90% on credit.

  What are opportunity and threat of artificial intelligence

What are the opportunity and threat of Artificial intelligence in Accounting firm please give with references. Explain in detail and provide the example.

  Why do think jim fnally agreed with the accountant

Why didn't Jim want the accountant to decrease the net income by the increase in accounts receivable and the gain on the land sale?

  Prepare the master budget for the fiscal year of march

Prepare their master budget for their fiscal year of March 2021 to February 2022. They need monthly production, labor, material purchases

  What are the cash settlement received by i and p

P 15,000, and to P, P 11,400. Cash settlement was completed by V on the same day. The cash settlement received by I and P, respectively are

  What the cash received from customers for the year is

Customers at the beginning of the year, $15,000 is owed at the end and credit sales are $100,000, the cash received from customers for the year is

  Marketing programs for the upcoming year

Identify whether you would treat them as a fixed or variable cost explain the reasoning for your classification based on the historical information and the planning you did for new marketing programs for the upcoming year,

  Demonstrate the predetermined overhead rate

Determine the predetermined overhead rate, using predicted direct materials costs, for 2017. In December 2016, Custom Mfg. established predetermined overhead

  What is the properly formatted segmented income statement

Would a segmented income statement format be more useful to management in assessing the long-run financial viability of the various services?

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