User Account

All Pages

Determine the total manufacturing costs amount to

Assignment Help Managerial Accounting
Reference no: EM132954719

Given below is an incomplete statement of cost of goods manufactured:

Total input costs65 000

Plus: Opening balance of work-in-progress account

x

Total manufacturing costs

y

Less: Closing balance of work-in-progress account 35 000

Equals: Cost of goods manufactured 105 000

Problem 1: The total manufacturing costs amount to _____ .

A. R70 000
B. R140 000
C. R100 000
D. R105 000

Reference no: EM132954719

Questions Cloud

What the direct labour cost on the job was : Jackson Company applies overhead to jobs, If Job Zet shows R27 000 for applied manufacturing overhead, the direct labour cost on the job was
Determine the amount that was apportioned to production : Consider the information below and determine the amount that was apportioned to production as the cost of manufacturing overheads.
What is the present value of the dividends : An American call option on the stock has a strike price of $340 and expires in 0.5 years. What is the present value of the dividends
What the cash collection cycle is : If days' sales in inventory is 243 days; debtors collection period is 123 days, credit; creditors payment period is 55 days, then the cash collection cycle is
Determine the total manufacturing costs amount to : Determine the total manufacturing costs amount to. Plus: Opening balance of work-in-progress account. Cost of goods manufactured 105 000
What the gross profit margin was determined to be : What the gross profit margin for 2020 was determined to be? An extract from the financial statements of Varume Limited for the year
How much does additional paid-in capital account increase : A stock dividend of 60,000 shares when share market price was $10. In Fox entry on declaration, how much does the additional paid-in capital account increase
What the average debtors collection period for the year : What the average debtors' collection period for the year ended 28 February 2021 was determined to be? Metsi Limited for the year ended 28 February 2021.
Compute the chargeable gain arising on the chargeable asset : On 22 December 2019 she sold 10,000 shares in Abfab plc for £10 per share. Compute the chargeable gain arising on the chargeable asset

Reviews

Write a Review

Managerial Accounting Questions & Answers

  How do Compute the amount of Masterson Exercise acquisition

Compute the amount of Masterson Exercise's acquisition of plant assets. Masterson Exercise disposed of plant assets at book value.

  Compute depreciation expense assuming brazil uses

Why might a company want to use component depreciation to depreciate its assets? Compute depreciation expense for 2015, assuming Brazil

  Prepare a net present value analysis of the desirability

Prepare a net present value analysis of the desirability of purchasing the X-ray attachment. Show each step of your work

  What are the three management functions

What are the three management functions that management accounting information can be used to make them become more effective?

  Find what conditions would be a valid or invalid assumption

Find what conditions Would be a valid or invalid assumption? Managers often assume a strictly linear relationship between cost and the level of activity.

  What is the total fixed overhead variance of the company

When determining the total product cost flexible budget variance, what is the total fixed overhead variance of the company?Direct materials cost variance $8,000

  What amount of factory that kaumajet factory allocate

If a table lamp requires 3 hours of fabrication and 6 hour of assembly, the amount of factory overhead that Kaumajet Factory will allocate to each unit?

  Compute the unit product cost

Explain the reason for any difference in the ending inventories under the two costing methods and the impact of this difference on reported operating income.

  What is the contribution by Division C

Unallocated expenses for all three divisions are $25,000. What is the contribution by Division C

  Prepare the general journal entries for january

Prepare the General Journal entries (without explanation) for January 2 and January 15. If no entry is required then write "No Entry Required."

  What is estimated percent increase in net operating income

Using the degree of calculated operating leverage, what is the estimated percent increase in net operating income of a 5% increase in sales?

  Can amy afford to retire

Can Amy afford to retire? Are financial resources sufficient? Currently 54 years of age and would like to ensure that have sufficient retirement income

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