Find what the cost of the finished goods on hand from job is

Assignment Help Cost Accounting
Reference no: EM132561472

Sportly, Inc. completed Job No. B14 during 2017. The job cost sheet listed the following:

Direct materials $110,000

Direct labor $60,000

Manufacturing overhead applied $40,000

Units produced 3,000 units

Units sold 1,800 units

Question 1: The cost of the finished goods on hand from this job is

Reference no: EM132561472

Questions Cloud

How much will she deposit at the start of every year : Assuming she makes deposits at the beginning of each year at 4% interest rate. How much will she deposit at the start of every year
Examine the distinctions between romance and friendship : The study of the philosophy of friendship provides us with an opportunity to examine the distinctions between romance and friendship.
Ceramics decals and commercial decals : How is the technique used in ceramics? Describe the steps involved in the process? What are the materials necessary for the technique?
Compute the break-even point of sales in units : An analysis of cost behavior indicates that the following are variable: 75% of the cost of goods sold, Compute the break-even point of sales in units
Find what the cost of the finished goods on hand from job is : Find What The cost of the finished goods on hand from this job is? Sportly, Inc. completed Job No. B14 during 2017. The job cost sheet
Identify the population affected by the disease selected : Identify the population affected by the disease selected. Describe specific cultural beliefs around the disease and how the treatment and management.
Muscles function to propel the earthworm forward : Describe how the earthworm's paired muscles function to propel the earthworm forward. Make sure to include the action
Determining the future cash flows of a proposed flexible : Determining the future cash flows of a proposed flexible manufacturing system. Issuing a voluntary annual report on environmental cost and issues.
Identification of stakeholders of project : Identification of stakeholders of this project and the relationships among them on a hierarchy.

Reviews

Write a Review

Cost Accounting Questions & Answers

  Estimated cash to be received mainly from debtors for cash

Estimated cash to be received mainly from debtors for cash sales and collections for credit sales during a month. How will the information assist in cash

  How much after tax cash will have if sell norses assets

Geoffery and Sue are equal owners of Norse Corporation. They are considering a sale of the business. How much after tax cash will they have if they sell Norse's assets. How much if they sell the stock. Geoffery and Sue are equal partners of Norse L..

  Prepare entries in journal form to record the insurance

Prepare entries in journal form to record the insurance expense for the period under the independent assumptions - an examination of the insurance policies shows unexpired insurance that cost $8,270 at the end of the period.

  Calculate the balance in ending work in process and cost

Calculate the balance in ending work in process and cost of goods sold before any adjustments for under- or overallocated overhead.

  Levels of total expenditures or total costs

The dairy farm company, a small producer of milk and cheese, has estimated the quantities of milk and cheese that it can produce with three levels of total expenditures or total costs.

  Prepare the journal entry if any to record the impairment

The expected future net cash flows from the use of the asset are expected to be $550,000. The fair value of the equipment is $440,000.

  What is cost of goods sold

What was Lewisburn's gross margin (or gross profit)? What was Lewisburn's gross margin (or gross profit)?

  What is the highest price in term of rate per hr

what is the highest price in term of rate per hr that this company should be willing to pay for additional capacity 4 added direct labor time.

  Calculate the breakeven - comparative income statements

Compute the allocation rate that was used for the manufacturing overhead in Exhibits 2 and 3. Show your computations in enough detail and with enough organization

  Determine the operating income for the olive oil division

Determine the operating income for the olive oil division using your recommendation.

  Prepare budgeted income statements

Merline, a one-product mail-order firm, buys its product for $ 75 per unit and sells it for $ 150 per unit. The sales staff receives a 10% commission on the sale of each unit. Its December income statement follows.

  Complicate financial management in multi-national firms

Identify and elaborate on five factors that complicate financial management in multi-national firms

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