Determine the total cost that should have been recorded

Assignment Help Accounting Basics
Reference no: EM132486151

Question - On May 21, 2019, Christine worked 5.5 hours on Job A-1, and 3 hours on general "overhead activities." Christine is paid $14 per hour. Overhead is applied based on $25 per direct labor hour. Additionally, on May 21 Job A-1 requisitioned and entered into production $270 of direct material. On May 21, Christine, while working on Job A-1 used $27 of indirect material. Indirect material is included in the overhead application rate. Use this information to determine the total cost that should have been recorded in the Work in Process for Job A-1 on May 21? Round your answer to the closest whole dollar.

Reference no: EM132486151

Questions Cloud

Cellular respiration experiment : Do you think the results from a cellular respiration experiment would be different if you used different sugars? (we use maltose and sucrose in the experiment)
What is an estimate of the amount of the deduction : Any limitations, income or otherwise on this deduction? What are some planning strategies for help Thomas maximize this deduction in future years?
Prepare general journal entries to record the transactions : Jan. 2 paid the attorney $2300for legal fees, charter fee, and cast of engraving stock certificates. Prepare general journal entries to record the transactions
Garfinas plant population over the generations : If this pattern of herbivore damage continues what do you expect to see in the Garfinas plant population over the generations?
Determine the total cost that should have been recorded : On May 21, Christine, while working on Job A-1 used $27 of indirect material. Determine the total cost that should have been recorded
Study four traits with respect to reproductive success : Garfinas are a type of flowering plant. We are going to study four traits with respect to reproductive success:
How would the accounts change in response : How would these accounts change in response to a 10 percent stock dividend? Assume market value of equity is equal to book value of equity.
Prepare flexible manufacturing budget for the relevant range : Prepare a flexible manufacturing budget for the relevant range value using 17,000 unit increments. (List variable costs before fixed costs.)
Compute the projected ending balance of cash on hand : Easton Company had cash on hand of $95,000. All of January's $228,000 sales were on account. Compute the projected ending balance of cash on hand

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.

  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!

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