User Account

All Pages

Find what the amount of production costs transferred

Assignment Help Cost Accounting
Reference no: EM132746841

Ethel Company manufactures electric motors for electric fans. The company uses the JIT/Backflush Costing to manufacture the electric motor. The projected labor and factory overhead is P3,685,000; materials costs, P28 per unit. Planned production included 2,000 hours to produce 13,750 electric motors. Actual production for January was 800 units and electric motors shipped are 690 units.

Problem 1: The amount of production costs transferred to Cost of goods sold is

a. P184,920

b. P236,800

c. P214,400

d. P204,240

Reference no: EM132746841

Questions Cloud

Career and interview presentation : Create a presentation in PowerPoint or another presentation software of your choice
Efficacy and potency : Write about what you learned from the topic (Efficacy and Potency) and how you will use it in the future
Find and compute the budgeted conversion cost per unit : Compute the budgeted conversion cost per unit. Planned production included 2,000 hours to produce 13,750 electric motors. Actual production for January was 800
Differences between hot-warm and cold sites : The owner of Home Start Realty explaining the need for the plan and the differences between hot, warm, and cold sites
Find what the amount of production costs transferred : Find what the amount of production costs transferred to Cost of goods sold is? Ethel Company manufactures electric motors for electric fans
Digital forensic methods to solve crimes : Law enforcement professionals and investigators use digital forensic methods to solve crimes every day.
How do compute the budgeted conversion cost per unit : Compute the budgeted conversion cost per unit. Ethel Company manufactures electric motors for electric fans. The company uses the JIT/Backflush Costing
Was proper procedure used in your opinion : Do you agree with the article's position, approaches, and authors? Why, or why not? Was proper procedure used in your opinion?
How much was the cost of goods sold for jyd company : The cost of goods manufactured for March at JYD Company was P907,000. How much was the Cost of Goods Sold? Decrease in work in process inventory 17,000

Reviews

Write a Review

Cost Accounting Questions & Answers

  Cost accounting assignment

Evaluate Method of measuring costs associated with production, budgeting process, normal job-order costing system , master budget, cycle time.

  Prepare the journal entries

Prepare the journal entries to record the bond issue and interest expense.

  Advise as to the liability of all the parties

Write a report on given case study and Advise as to the liability of ALL the parties both under common law and the Corporations Law.

  Prepare revenues budget

Prepare Revenues budget and Production budget in units

  Effect of exchange rate changes on cash and cash

Effect of exchange rate changes on cash and cash

  Corporate governance

You are to reflect on how this case of China Sky relates to what the arguments for and against allowing audit firm partners and/or employees to join audit committees.

  Cost-benefit analysis

A cost-benefit analysis of electronic medical records in primary care

  Non-annual interest rates and annuities

Theory of Interest- Non-annual interest rates and annuities

  Job costing in service organizations

How is job costing in service organizations different from job costing in manufacturing environments?

  Accounting for bad debt expense

Accounting for bad debt expense

  Accounting and partnership problems

Accounting and Partnership problems

  Development of relevant cash flows

Development of relevant cash flows - Cost estimating and financial analysis

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd