Reference no: EM13218984
The Slicing Department production process shows:
Units
Beginning Work in Process 10,000
Ending Work in Process 50,000
Total units to be accounted for 160,000
How many units were started into production in Department 1?
a. 170,000.
b. 110,000.
c. 160,000.
d. 150,000.
Using the following information, compute the direct materials used.
Raw materials inventory, January 1 $ 20,000
Raw materials inventory, December 31 40,000
Work in process, January 1 18,000
Work in process, December 31 12,000
Finished goods, January 1 40,000
Finished goods, December 31 32,000
Raw materials purchases 1,200,000
Direct labor 560,000
Factory utilities 150,000
Indirect labor 50,000
Factory depreciation 400,000
Operating expenses 420,000
a. $1,260,000.
b. $1,220,000.
c. $1,200,000.
d. $1,180,000.
Casey Company has a materials price standard of $2.10 per pound. Six thousand pounds of materials were purchased at $2.20 a pound. The actual quantity of materials used was 6,000 pounds, although the standard quantity allowed for the output was 5,400 pounds.
Casey Company's total materials variance is
a. $1,860 U.
b. $1,860 F.
c. $1,920 U.
d. $1,920 F.
In a process cost system, units to be accounted for in a department are equal to the
a. number of units started or transferred into the department.
b. number of units transferred out of the department.
c. units in the beginning inventory plus the units started or transferred into the department.
d. ending inventory plus the units started or transferred into the department.
The master budget of Handy Company shows that the planned activity level for next year is expected to be 100,000 machine hours. At this level of activity, the following manufacturing overhead costs are expected:
Indirect labor $480,000
Machine supplies 120,000
Indirect materials 140,000
Depreciation on factory building 80,000
Total manufacturing overhead $820,000
A flexible budget for a level of activity of 120,000 machine hours would show total manufacturing overhead costs of
a. $940,000.
b. $820,000.
c. $984,000.
d. $968,000.
|
Prepare a forecast through week
: Prepare a forecast through week 11 by using a 3-period weighted moving average, giving the weight of 0.5 to the most recent week, 0.3 to the second week and 0.2 to the third week and Prepare a forecast through week 11 by using a regression model Y=..
|
|
What is the minimum number of bits required
: What is the minimum number of bits required to represent each of the following decimal numbers: 10, 1000, 100,000, and 1,000,000?
|
|
Would the antitrust division likely challenge the merger
: Assume an industry is composed of the following eight firms. Company Market Share Firm A 30 percent Firm B 25 percent Firm C 15 percent Firm D 10 percent Firm E 7 percent Firm F 6 percent Firm G 4 percent Firm H 3 percent a.
|
|
Conventional methods of prison rehabilitation-newer methods
: What is a diffrence between conventional methods of prison rehabilitation and newer methods.
|
|
Explain number of units transferred out of the department
: The master budget of Handy Company shows that the planned activity level for next year is expected to be 100,000 machine hours. At this level of activity, the following manufacturing overhead costs are expected: The actual quantity of materials use..
|
|
What is the frequency
: The output response for a system is given as Vo(t) = A(1-e^-at)sin(ωt). Is this a proper representation for an output response given that it contains a sinusoidal term? Fully explain your answer.
|
|
Liberalism-conservatism-the immigrant society-melting pot
: To what extent do you think liberalism, conservatism, the immigrant society, the melting pot, regional shift, the graying of America, political ideologies, and participation affect elections in America?
|
|
Compute the power loss in a transmission line
: compute the power loss in a transmission line with a resistance of 0.05 ohms/mile. Compute the power loss if 500kW of power is transmitted from a power generating station to cities at distances of 20,30,40....100 miles at 100v and 200v.
|
|
What is the rate of inflation between the two years
: velocity 8 8 Real GDP12,00012,000 a,find the price level for 2012 and 2013 What is the rate of inflation between the two years b,What is the rate of inflation between the two years if the money supply in 2013 is 1,100 and output is 2013 is 12,600
|