During march the production department of a process

Assignment Help Accounting Basics
Reference no: EM13572637

During March, the production department of a process manufacturing system completed a number of units of a product and transferred them to finished goods. Of the units transferred, 28,000 were in process at the beginning of March and 180,000 were started and completed in March. March's beginning inventory units were 100% complete with respect to materials and 62%.

complete with respect to labor. At the end of March, 37,000 additional units were in process in the production department and were 100% complete with respect to materials and 37% complete with respect to labor. Compute the number of equivalent units with respect to both materials and direct labor respectively for March using the FIFO method.

Reference no: EM13572637

Questions Cloud

Pelamed pharmaceuticals had ebit of 325 million in 2006 : pelamed pharmaceuticals had ebit of 325 million in 2006. in addition pelamed had expenses of 125 million and a
Explain whether you agree or disagree with dantes : explain whether you agree or disagree with dantes assignment of sins to the nine levels of hell in the inferno.of the
Machines would cost 153600 and have a usefull life of seven : machines would cost 153600 and have a usefull life of seven years. the banks controller has estimated that the machines
Imagine you are an illiterate peasant entering chartres : imagine you are an illiterate peasant entering chartres cathedral in 1250 a.d. describe something you could learn about
During march the production department of a process : during march the production department of a process manufacturing system completed a number of units of a product and
Ubc company has a comparatively labor intensive process : ubc company has a comparatively labor intensive process with old equipment. fixed costs are 10000year and variable
Assuming that a 12 interest rate properly reflects the time : kiddy toy corporation needs to acquire the use of a machine to be used in its manufacturing process. the machine needed
Dowen corporation applies manufacturing overhead to : dowen corporation applies manufacturing overhead to products on the basis of standard machine-hours. for the most
Explain the major theories of human development cognitive : topic explain the major theories of human development cognitive social and moral throughout various stages of life.

Reviews

Write a Review

Accounting Basics Questions & Answers

  In june 2000 ljm2 purchased dark fiber optic cable from

enron corporations 2001 third-quarter 10-q report disclosed the following transaction with ljm2 a nonconsolidated

  Blue niles strategy for success in the marketplace

What is Blue Nile's strategy for success in the marketplace? Does the company rely primarily on a customer intimacy, operational excellence, or product leadership customer value proposition? What evidence from the 10-K supports your conclusion?

  Now assume that the company can increase the capacity by

arney toy company manufactures large and small stuffed animals. it has a long-term contract with a large chain of

  Prepare a balance sheet for the general fund of city jordan

The unadjusted trial balance for the general fund of the City of Jordan

  Surcharges what is the freight surcharge please difference

what is the freight surcharge? please difference between heavy lift surcharge long lift

  Problem related to drop in sales

Company sells a single product at $20 per unit. Sales- 100,000, variable costs $800,000, fixed costs $400,000 If a $4 drop in selling price will boost unit sales by 20% the company will experience:

  Calculate the amount of itemized deductions

Calculate the amount of itemized deductions the Gibsons may claim for the year.

  Steve is considering the following actions explain to him

steve is considering the following actions. explain to him which actions will constitute gifts for gift tax purposes.

  Gamma taxable income

During 2011, Gamma accrued warranty expenses of $900 and paid cash to honor warranties of $500. Gamma's taxable income for 2011 would be:

  Define the following persons'' role in an agency

Explain the difference between the role of the Account Executive and the Account Planner within an agency Define the following persons' role in an agency

  Entries in the retaned earnings account

Use the indirect method of reporting cash flows from operating activites. Assume that equipment costing $125000 was purchased for cash and equipment costing $85000 with accumulated depreciation of $65000 was sold for $15000; that the stock was iss..

  Prepare the required journal entries for restin co

Restin Co. uses the gross method to record sales made on credit. On June 1, 2010, it made sales of $50,000 with terms 3/15, n/45.

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