Discuss together with data concerning production

Assignment Help Accounting Basics
Reference no: EM131805708

The debits to Work in Process--Assembly Department for April, together with data concerning production, are as follows:

april 1, working inprocess

materials cost, 3000 $7500

conversion cost, 3000, 80% completed 6000

materals added during april, 10,000 29,000

conversion cost during april, 11,500 ---

april 30 work inprocess, 1500 units, 60% completed ---

All direct materials are placed in process at the beginning of the process and the average cost methodis used to cost inventories.

Reference no: EM131805708

Questions Cloud

Accounting principle changes is an interesting topic : Accounting principle changes is an interesting topic to deal in accounting because of its advantages and disadvantages
Asymmetric information in the market for used cars : Suppose that there is asymmetric information in the market for used cars. Sellers know the quality of the car that they are? selling, but buyers do not.
Find and interpret the range of productivity : Consider the following productivity measures (on a scale from 0 to 100) for a population of employees.
Find and graph jack demand curve for cream : Find and graph Jack's demand curve for cream. Assume the price of coffee is still $2 and income is $12.
Discuss together with data concerning production : The debits to Work in Process--Assembly Department for April, together with data concerning production
How many standard deviations is from the average : The next new product introduction rang up 92 (thousand) the first year. How many standard deviations (from part a) is this from the average (also from part a)?
Number of employed and unemployed people : In this case, what is the steady state unemployment rate, the number of employed and unemployed people?
How many american households had wireless access : According to Jonathan Bettino of Belkin, a corporation that manufactures wireless routers, how many American households had wireless access to the Internet.
Number of employed and unemployed people : In this case, what is the steady state unemployment rate, the number of employed and unemployed people?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Calculate depreciation on the drilling machine

On March 30, 2016, Calvin Exploration purchased a drilling machine for $930,000. The estimated useful life of the machine is 10 years and no residual value.

  What are the ethical implications of acme

Who could be harmed by Acme's ability to "defer" income taxes payable for several years, despite positive earnings?

  Prepare an income statement for the year

Prepare an income statement for the year 2010 using the multiple-step form. Common shares outstanding for 2010 total 40,550 (000 omitted)

  The lease line leasing transactions represent a very

the lease line leasing transactions represent a very significant portion of the capital investments of many companies.

  What was the number of direct labor hours worked

What was the number of direct labor hours worked during 2015, Banglore Metals had a devastating suffered a fire at the start of the year which resulted in loss

  What data might you collect about the online customers

What data might you collect about the online customers to improve Dollarx2's profitability? What data might you collect to improve customer satisfaction.

  Compute the amount that would be included in net assets

St. Joseph's Hospital follows FASB standards of accounting and reporting. On January 1, 2011, St. Joseph's received $1,400,000, restricted to the purchase.

  Find out the optimal markup on cost

The Bristol, Inc., is an elegant dining establishment that features French cuisine at dinner six nights per week and brunch on weekends. In an effort to boost traffic from shoppers during the Christmas season, the Bristol offered Saturday customer..

  Round computations to the nearest dollar

For each of the above situations, prepare the journal entry required to record the acquisition of the equipment. Round computations to the nearest dollar.

  A diversified household-cleaner processing company

Ohio Household Products Co. (OHPC) is a diversified household-cleaner process- ing company. The company's Mishawaka plant produces two products: an appliance cleaner and a general-purpose cleaner from a common set of chemical inputs (NPR).

  Alleging a violation of the agreement

Sales of Slimline continued to increase during the term of the contract. Slimline sued Distributor, alleging a violation of the agreement. Who should win?

  Windy city balloon port ran a balloon launching facility

Windy City Balloon Port ran a balloon launching facility in Illinois, offering sightseeing flights in hot-air and helium balloons owned by third parties. Windy City sold tickets for the balloon rides for $100 per person per ride.

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