User Account

All Pages

Determine the total number of normal lost units

Assignment Help Accounting Basics
Reference no: EM133095472

Question - HELIX Co. manufactures Berry Black iPhones that passes through two departments, D1 and D2. Materials are added in the D2 Department when conversion is at 50% completion. Conversion costs are incurred uniformly. The activity in units for the D2 department during June are as follows: WIP, June 1 (60% as to conversion) 10,000 Transferred in from D1 Department 64, 000 Defective units at final inspection 5,000 Transferred to finished goods inventory ? WIP, June 30 (40% complete as to conversion) 12,000 The normal limits on production losses is set at 5% of the units started during the period. Total cost of work in process as of June 1 are: materials-P60,000; conversion-P95,000. Cost of transferred in units from D1 department totaled P870,000. Determine the total number of normal lost units?

Reference no: EM133095472

Questions Cloud

What amount of the foregoing items should be included : What amount of the foregoing items should be included in the determination of Sasa's profit or loss for the 6-month interim period ended June 30
What is the big idea behind the product : Think of a product or service that you want to offer at this very moment, Take into consideration also our current situation. Then answer the questions below.
Illustrate the organization and one or two hrd practices : Introduce one of the organizations in your country (or Korea) and analyze its HRD practices. You will be expected to illustrate the organization and one or two
Allocation principles in favor of preserving social function : There are extensive plans in place for dealing with a potential pandemic, such as the coronavirus. Federal and state officials in the U.S. have emergency powers
Determine the total number of normal lost units : Cost of transferred in units from D1 department totaled P870,000. Determine the total number of normal lost units
Describe three evaluation strategies : Describe three evaluation strategies that can be used for reviewing organisational learning strategy.
Describe two quality management compliance requirements : Describe two quality management compliance requirements relating to organisational learning.
What amount of joint processing cost is allocated to product : Wan, Tu, Tri, Por Joint production costs are as follows: Materials - P4,000; Labor - P3,000; Overhead- P2,000. What amount of joint processing cost is allocated
Developing an organisational learning strategy : Identity and describe two organisational learning theories that can be used as a basis for developing an organisational learning strategy.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Prepare the income statement

Prepare the Income Statement (functional format), Statement of Changes in Equity, and Classified Balance Sheet. Prepare a Post-closing Trial Balance as at 31Aug

  Compute the value of Tamarisk Inc inventory at May

Tamarisk, Inc. uses the average cost method. Compute the value of Tamarisk, Inc.'s inventory at May 31, 2022

  Ratio analysis for columbia sportswear

Compute the following ratios and other amounts for each of the two years, ending Decem- ber 31, 2011, and December 31, 2010. Because only two years of data are given on the bal- ance sheets, to be consistent, you should use year-end balances for e..

  Why is it important to record returns in a separate account

Why is it important to record the returns in a separate account rather than just decreasing the Sales Revenue account

  Benefits of the given examples of general controls

General Controls. Indicate the benefits of each of the following examples of general controls.

  What is the corporation basis in the asset received

Brad also receives $10,000 cash from the corporation. What is the corporation's basis in the asset received from Brad

  How much interest expense should be reported

How much interest expense should be reported by Shawn Co. in relation to the lease for the year ended December 31, 2020

  On november 10th jumpstart co provides 2900 in services to

on november 10th jumpstart co. provides 2900 in services to clients. at the time of service the clients paid 600.00 in

  Write a brief memo to friedman and compton

Look at each decision separately, as incremental to the current situation, and evaluate the marginal profit: If class size is decreased (keeping the same 80 students), what increase in tuition is necessary to keep the current monthly profit level? ..

  Bill of rights limits punishment

Question 1: Which Amendment in the Bill of Rights limits punishment?

  Which state has the highest state income tax rate

Which state has the highest state income tax rate and do think those taxpayers are hurting the most with the $10k cap on SALT taxes

  How would these assets appear on the balance sheet as of

the following events took place at petes painting company during 2008a. on jan 1 pete bought a used truck for 14000. he

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