Reference no: EM132561013
Assume the following information relates to the Alexis Company's for the month of November, 2009
Job No. 001 Job No. 002 Job No. 003
In process, Nov. 1
Materials P40, 000 P20, 000 0
Labor P60, 000 P40, 000 0
Overhead P75, 000 P50, 000 0
Costs added in Nov. 1
Materials P70, 000 P40, 000 P60, 000
Labor P80, 000 P60, 000 P100, 000
Overhead ? ? ?
Actual overhead incurred in November amounted to P350, 000. Job no. 001 and 002 were completed in November. Overhead is applied using a predetermined rate. The overhead variance is allocated to Cost of Goods Sold and the appropriate inventories. Job no. 001 is sold by the end of the month
Question 1) Cost of Nov. 1 WIP inventory
Question 2) The amount of overhead applied to production in November assuming no change in the overhead rate used
Question 3) The cost of the goods completed and transferred to finished goods inventory
Question 4) The cost of Goods sold adjusted
Question 5) The cost of the finished goods inventory
Question 6) The cost of the Nov. 30 WIP
Show the total cost of goods produced
: Show the Total cost of goods produced, The selling price of item 'Z', Production cost and Prime cost. Estimates for production of item Z.
|
Explaining to management why consider the appropriate
: Advise Santana Corporation on suggested activities and activity drivers, explaining to management why you consider these appropriate.
|
Would accept the selling division manager arguments
: If you were the producing division manager, would you accept the selling division manager's arguments? Why or why not? (Assume that the 100,000 units)
|
Process of maintaining blockchain apps after deployment
: Describes the process of maintaining blockchain apps after deployment. Create a new thread, choose one aspect of app maintenance
|
Find the amount of overhead applied to production in nov
: Find The amount of overhead applied to production in November assuming no change in the overhead rate used and Cost of Nov. 1 WIP inventory
|
Describe each information system in detail
: Create a 10- to 15-slide Microsoft PowerPoint presentation in which you define and describe each information system, including a discussion of its purpose.
|
Describe how hr influences the organization
: Describe how HR influences the organization (use of power, HR delivery models, impact on business, HR programs). This is an essay question on a final exam.
|
Describe the integration of risk management planning
: Describe the integration of risk management planning in PMO project planning. Identify a specific risk assessment tool that may be integrated into PMO project.
|
What is the accounting treatment for ABC company
: ABC company has a pending lawsuit against XYZ firm for copyrights of a patent. What is the accounting treatment for ABC company
|