Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Questions -
Q1. Alpha Company, on March 1, 2017 has a beginning Work in Process inventory of zero. All materials are added into production at the beginning of its production. There is only one production WIP inventory. On March 1, Alpha started into production 10,000 units. At the end of the month there were 5,000 units completed and transferred into the Finished Goods Inventory. The ending WIP was 40% complete with respect to conversion. For the month of March the following costs were incurred and recorded in the WIP:
Direct Material $20,000
Direct Labor 9,000
Factory Overhead 40,000
Alpha uses the weighted-average process costing method. Use this information to determine for the month of March: (Round & enter final answers to the nearest whole dollar.)
1. the total cost transferred to the finished goods inventory
2. the total cost of the ending Work in Process inventory
Q2. Alpha Company uses the weighted-average process costing method. During the month of March the direct material equivalent unit cost was $11.00 and the conversion cost equivalent unit was $6.00. Alpha completed and transferred $119,000 of production to the finished goods inventory for the month of March. Use this information to find the number of units that were transferred from the Work in Process.
Rita owns a sole proprietorship in which she works as a management consultant. What is Rita's home office deduction for the current year
The company requires a minimum pretax return of 5% on all investment projects. Find the net present value of the proposed project
Which of the following allocations would be permitted in a qualified profit sharing/401(k) plan? i. investment earnings allocated in proportion to relative.
Steward recorded this payment by debiting Insurance Expense and crediting Cash. Show the related adjusting journal entry that will be required on December
Bethesda Company's April 1, 2019 beginning work in process was 500 units. Use this information to determine number of units completed
Determine for Papst Company for the month of May: The estimated cash receipts from accounts receivable collections
Stacy Company issued five-year, 10% bonds with a face value of $10,000 on January 1, 2017. Determine the balance sheet presentation of the bonds for December 31
10,000 shares of preferred stock with a $2 cumulative dividend. In the first year, no dividends are paid or declared. Which of the following statements are true
a personal statement of financial condition dated december 31 2008 is to be prepared for wilhelm holz.he provides the
nut house manufactures and sells jars of peanut butter. all of the companys output passes through five production
Prepare a maximum 700-word informal memo and explain to Mr. Skaros why his production cost report showed only 2,000 equivalent units in ending inventory.
Question - Passive Loss Limitations. Calculate the amount of Walter's allowable deduction for rental house activities for 2018
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd